PENGARUH KEPEMILIKAN INSTITUSIONAL DAN KEPUTUSAN INVESTASI TERHADAP NILAI PERUSAHAAN MANUFAKTUR DALAM BURSA EFEK INDONESIA

Abstract

The purpose of this study is to determine the effect of institutional ownership and investment decisions on firm value. This research was conducted at a manufacturing company listed on the Indonesian stock exchange (BEI) in the index LQ-45 in 2012 -2016. Purposive sampling is used as an election method with 3 criteria that produce 9 companies as samples that are worth observing  Eviews 9. Data analysis using panel data regression analysis with using model estimation of fixed effect model (FEM).  The results show  that institutional decisions negatively affect the firm value while investment decisions do not affect the firm value.

Keyword   :    firm value, institutional ownership, investment decision.