Browsing by Author "Sodik, Gugun"

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    ANALISIS KEPEMILIKAN SAHAM DAN BIAYA KEAGENAN TERHADAP NILAI PERUSAHAAN
    (The 8th NCFB and Doctoral Colloquium, Fakultas Bisnis dan Pascasarjana Unika Widya Mandala Surabaya, 2015-09-29) Riantani, Suskim; Rahmawati, Anisa Kurnia; Sodik, Gugun
    The research investigates the relationship and the effect of stock ownership that includes managerial ownership, institutional ownership, and public ownership and agency costs to the firm’s value as measured by Tobin's Q model. The research method used is descriptive and verificative method. This research applied descriptive and statistic method. Statistical analysis applied the Multiple Linear Regression and Correlation Analysis using t test and F test. The test of the classical assumption applied before the linear regression. The object of research are all the mining industry listed in BEI for the period 2009-2013 whose stocks are included in the category of LQ 45. The purposive sampling technique is used as a sampling method and as a result we have eight samples. The results and findings showed that managerial ownership have positive correlation with the firm’s value, but do not show significant effect to the firm’s value. Institutional ownership have positive correlation with the firm’s value, but do not show significant effect to the firm’s value. Public ownership have positive correlation with the firm’s value and have significant effect to the firm’s value. Agency costs have negative correlation with the firm’s value, but do not show significant effect to the firm’s value.
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    ANALISIS PERBANDINGAN RISIKO SISTEMATIS DAN ABNORMAL RETURN PADA PERISTIWA STOCK SPLIT
    (Seminar Nasional, Fakultas Ekonomi dan Bisnis, Universitas Sebelas Maret Surakarta, 2014-03-18) Riantani, Suskim; Hutagalung, Dirgabri Oktavia; Sodik, Gugun
    The high of stocks price are usually less attractive to investors. One of the ways to gain demand is to engage in stock split . This action results in an increasing number of stocks outstanding to increase , by this investors can make their investment portfolio realignment. In this portfolio, investors will consider the level of risk and return of stocks that make up the portfolio. The purpose of this research is to analyze the impact of the stock split on systematic risk and abnormal returns before and after the event of stock split. The purposive sampling method is used to obtain the sample and there are 33 companies listed in Indonesian Stock Exchange that can be analysis during the research period 2007-2011. This research applied event study with descriptive and statistical method. The investigation applied descriptive analytic method and statistical analysis using the mean difference test ( paired sample t test ). The results showed that the mean of systematic risk and abnormal returns of stocks increased after the stock split event. The results of paired sample t test there were systematic risk and abnormal returns showed not significant in the differences between before and after the stock split event.