ANALYSIS EFFECT OF DEBT POLICY , CORPORATE SOCIAL RESPONSIBILITY , MANAGERIAL OWNERSHIP AND INSTITUTIONAL OWNERSHIP ON CORPORATE VALUES (Empirical Study on the Real Estate and Property Company Listed on Indonesian Stock Exchange 2010-2014)

Debby Putri Iswandi; Herawati Herawati; Popi Fauziati

ANALYSIS EFFECT OF DEBT POLICY , CORPORATE SOCIAL RESPONSIBILITY , MANAGERIAL OWNERSHIP AND INSTITUTIONAL OWNERSHIP ON CORPORATE VALUES (Empirical Study on the Real Estate and Property Company Listed on Indonesian Stock Exchange 2010-2014)

Authors

Debby Putri Iswandi
Herawati Herawati
Popi Fauziati

Abstract

This study aimed to analyze the effect of the debt policy, corporate social responsibility, managerial ownership and institutional ownership on firm value. This research used Agency Theory ( Jensen and Meckling, 1976). Research used the company's Real Estate and Property listed on the Indonesia Stock Exchange as the research object with 65 observational studies from 2010-2014. The samples were selected using purposive sampling method. Data used in this research is secondary data from the website of Indonesia Stock Exchange www.idx.co.id. The findings of the study showed that the partial debt policy, corporate social responsibility, and institutional ownership has no effect on the value of the company. Managerial ownership negatively affect the value of the company.

Keywords: Debt Policy, Corporate Social Responsibility, Managerial Ownership and Institutional Ownership.