Detail Cantuman

ABSTRACT
NURWAHIDA The Effect of Debt and Insider Ownership Policy on Corporate
Value in Pharmaceutical Companies listed on Indonesia Stock Exchange is
guided by Hj. JannatiTangngisalu, and Zulkarnain Basir.
This study aims to determine the effect of debt policy (DER) and insider
ownership (INSD) on corporate value (PBV). At the lowest level Pharmaceutical
company in Indonesia Stock Exchange.
The population in this study is pharmaceutical companies listed on the BEI from
2012-2016 as many as 11 companies. Sampling method used is purposive
sampling and obtained 7 companies per year so that the number of samples
obtained by 35. The method of analysis used is multiple regression analysis
using SPSS 21 software.
Based on partial results or t test, Debt to Equity Ratio (DER) variable has no
significant effect on Corporate Value and Insider Ownership (INSD) variable has
no significant effect on Company Value (PBV)
Keywords : Dept to Equity Ratio, Insider Ownership, Price to Book Value.