Pengaruh Ownership Retention, Investasi dari Proceeds, Reputasi Auditor, Terhadap Nilai Perusahaan dengan Kepemilikan Manajerial, dan Kepemilikan Institusional,sebagai variabel Pemoderasian

Abstract

The purpose of study was to investiqate the influence of the ownership retention, investasi of proceeds, auditor reputasion on value of the firm with ownership manajerial and ownership institusional as moderating variable.There are five hypothesis tested in this study the sampel covers intial public offeriny companies Indonesia stock exchange during 2005-2010 purposive sampling is used to select the sampel.The resul of this study snow that the auditor reputation have influence on the value of the company where ownership retention, investasi of proceeds do not impact on value of company this study found that hypothesis 4,5 are not supported. It means that managerial and institusional ownership fail to moderating the relationship between ownership retention, investment of proceeds and auditor and the value of company.