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DAFTAR ISI

JUDUL ......................................................................................................... i

PERSETUJUAN SKRIPSI ........................................................................ ii

PENGESAHAN SKRIPSI.......................................................................... iii

PERNYATAAN KEASLIAN SKRIPSI.................................................... iv

MOTTO DAN PERSEMBAHAN ............................................................. v

KATA PENGANTAR................................................................................. vi

ABSTRAKSI ............................................................................................... viii

DAFTAR ISI................................................................................................ ix

DAFTAR TABEL ....................................................................................... xiii

DAFTAR GAMBAR................................................................................... xiv

DAFTAR LAMPIRAN............................................................................... xv

BAB I. PENDAHULUAN

1.1 Latar Belakang Masalah ........................................................................ 1

1.2 Rumusan Masalah................................................................................... 8

1.3 Tujuan Penelitian .................................................................................... 9

1.4 Manfaat Penelitian .................................................................................. 9

BAB II. KAJIAN PUSTAKA

2.1 Landasan Teori........................................................................................ 10

2.1.1 Agency Theory ............................................................................. 10

2.1.2 Nilai Perusahaan ........................................................................... 10

2.1.3 Keputusan Investasi ...................................................................... 11

2.1.4 Keputusan Pendanaan ................................................................... 15

2.1.5 Kebijakan Dividen ........................................................................ 17

2.1.6 Kinerja Keuangan ......................................................................... 18

2.1.6.1 Likuiditas ............................................................................ 19

2.1.6.2 Leverage ............................................................................. 20

2.1.6.3 Profitabilitas........................................................................ 21

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2.2 Penelitian Terdahulu ............................................................................... 22

2.3 Kerangka Pemikiran dan Pengemebangan Hipotesis ............................. 24

2.3.1 Keputusan Investasi Terhadap Nilai Perusahaan.......................... 24

2.3.2 Keputusan Pendanaan Terhadap Nilai Perusahaan....................... 24

2.3.3 Keputusan Dividen Terhadap Nilai Perusahaan ........................... 25

2.3.4 Kinerja Keuangan ......................................................................... 27

2.3.4 Likuiditas Terhadap Nilai Perusahaan................................... 27

2.3.4 Leverage Terhadap Nilai Perusahaan. ................................... 28

2.3.4 Profitabilitas Terhadap Nilai Perusahaan .............................. 29

2.4 Kerangka Pemikiran................................................................................ 30

BAB III. METODOLOGI PENELITIAN

3.1 Jenis penelitian........................................................................................ 31

3.2 Populasi dan Teknik sampel ................................................................... 31

3.3 Jenis dan Sumber Data............................................................................ 32

3.4 Metode Pengumpulan Data..................................................................... 32

3.5 Identifikasi Variabel................................................................................ 32

3.6 Definisi Operasional dan Pengukuran Variabel ..................................... 33

3.6.1 Definisi Operasional Variabel ..................................................... 33

3.6.1.1 Variabel Independen (X) .................................................... 33

3.6.1.2 Variabel Dependen (Y)....................................................... 33

3.6.2 Pengukuran Variabel..................................................................... 34

3.6.2.1 Keputusan Investasi ............................................................ 34

3.6.2.2 Keputusan Pendanaan ........................................................ 35

3.6.2.3 Kebijakan Dividen ............................................................. 35

3.6.2.4 Kinerja Keuangan ............................................................... 36

3.6.2.4.1 Likuiditas .................................................................... 36

3.6.2.4.2 Leverage...................................................................... 36

3.6.2.4.3 Profitabilitas ................................................................ 37

3.6.2.5 Variabel Terikat (Dependen) .............................................. 38

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3.7 Teknik Analisis ...................................................................................... 38

3.7.1 Analisis Statistik Deskriptif ......................................................... 38

3.7.2 Uji Asumsi Klasik ........................................................................ 39

3.7.2.1 Uji Normalitas ................................................................... 39

3.7.2.2 Uji Multikolonieritas ......................................................... 39

3.7.2.3 Uji Heterokedastisitas ........................................................ 40

3.7.2.4 Uji Autokorelasi ................................................................. 40

3.8 Analisis Regresi Berganda ..................................................................... 41

3.9 Koefisien Determinasi ........................................................................... 42

3.10 Pengujian Hipotesis ............................................................................. 42

3.10.1 Pengujian Secara Parsial (Uji t) ................................................. 42

3.10.2 Pengujian Secara Simultan (Uji f) .............................................. 43

BAB IV. HASIL PENELITIAN DAN PEMBAHASAN

4.1 Deskripsi Data......................................................................................... 44

4.2 Statistik Deskriptif ................................................................................ 44

4.3 Asumsi Klasik ....................................................................................... 48

4.3.1 Uji Normalitas ............................................................................. 48

4.3.1.1 Analisis Grafik.................................................................... 48

4.3.1.2 Analisis Statistik ................................................................ 51

4.3.1.3 Analisis Grafik Sesudah Normal ....................................... 52

4.3.1.4 Analisis Statistik Sesudah Normal...................................... 54

4.3.2 Uji Multikolonieritas..................................................................... 55

4.3.3 Uji Heteroskedastisitas ................................................................. 56

4.3.4 Uji Autokorelasi ........................................................................... 57

4.4 Analisis Regresi Linier Berganda ......................................................... 58

4.5 Koefisien Determinasi (R2) ................................................................... 60

4.6 Pengujian Hipotesis ................................................................................ 61

4.6.1 Pengujian Secara Parsial (Uji t) .................................................. 61

4.6.2 Pengujian Secara Simultan (Uji f) .............................................. 63

4.7 Pembahasan ........................................................................................... 64

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BAB V. PENUTUP

5.1 Kesimpulan ............................................................................................. 69

5.2 Keterbatasan Penelitian........................................................................... 70

5.3 Saran ....................................................................................................... 71

DAFTAR PUSTAKA

LAMPIRAN

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DAFTAR TABEL

Tabel 2.1 Penelitian Terdahulu ..................................................................... 22

Tabel 4.1 Hasil Penentuan Sampel ............................................................... 45

Tabel 4.2 Statistik Deskriptif ........................................................................ 46

Tabel 4.3 Hasil Uji Skewnes dan Kurtosis ................................................... 52

Tabel 4.4 Hasil Uji Skewnes dan Kurtosis Sesudah Normal........................ 55

Tabel 4.5 Hasil Uji Multikolonieritas ........................................................... 56

Tabel 4.6 Hasil Uji Heteroskedastisitas ........................................................ 57

Tabel 4.7 Hasil Uji Autokorelasi .................................................................. 58

Tabel 4.8 Hasil Uji Regresi Linier Berganda................................................ 59

Tabel 4.9 Hasil Uji Koefisien Determinasi................................................... 62

Tabel 4.10 Hasil Uji Statistik t...................................................................... 63

Tabel 4.11 Hasil Uji Statistik f ..................................................................... 64

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DAFTAR GAMBAR

Gambar 2.1 Kerangka Pemikiran.................................................................. 30

Gambar 4.1 Uji Histogram............................................................................ 50

Gambar 4.2 Grafik Probability Plot .............................................................. 51

Gambar 4.3 Uji Histogram Sesudah Normal ................................................ 53

Gambar 4.4 Grafik Probability Plot Sesudah Normal .................................. 54

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DAFTAR LAMPIRAN

Lampiran 1 Daftar Perusahaan Penelitian

Lampiran 2 Output SPSS Hasil Regresi

Lampiran 3 Kartu Konsultasi Skripsi