The Influence of Foreign Director on Firm Value with Debt Policy as an Intervening: A Study in Manufacturing Companies in Indonesia

Dwiati, Agustina Ratna (2020) The Influence of Foreign Director on Firm Value with Debt Policy as an Intervening: A Study in Manufacturing Companies in Indonesia. International Journal of Business and Management Invention.

[img]
Preview
Text
Turnitin Final - IJBMI 2020 (Agustina Ratna).pdf

Download (2MB) | Preview

Abstract

This research aims to examine the influence of foreign director on firm value with debt policy as an intervening variable. The dependent variable of this research is foreign director. The independent variable of this research is firm value. The intervening variable of this research is debt policy. The research sample is a manufacturing company listed on the Indonesia Stock Exchange (IDX) in 2014-2016. The total number of samples is 408 samples starting from 2014-2016. This research employs three simplelinear regression to answer three hypothesis using t-test. The significance result of t-test from three simple linear regression will be used to answer 4th hypothesis by looking at the direct and indirect effects between variables. The results of this study indicate that the presence of foreign director can increase firm value. Debt policy can also affect firm value where the high value of debt decreases firm value. Meanwhile, foreign director did not influence the debt policy so that debt policy could not mediate the influence of foreign director on the value of the company. KEY WORDS: Foreign Director, Debt Policy, Firm Value

Item Type: Other
Subjects: 600 - TECHNOLOGY > 650 - 659 MANAGEMENT & PUBLIC RELATIONS > 657 - ACCOUNTING > 657.042 - FINANCIAL ACCOUNTING
Divisions: Lecturer
Depositing User: AGUSTINA RATNA
Date Deposited: 16 May 2024 03:36
Last Modified: 16 May 2024 03:36
URI: http://eprints.perbanas.ac.id/id/eprint/12325

Actions (login required)

View Item View Item