{"title":"杠杆对印尼房地产行业投资、股利和公司价值的影响","authors":"Dwiatmanto","doi":"10.6186/IJIMS.202009_31(3).0004","DOIUrl":null,"url":null,"abstract":"The purpose of this study is to examine and explain the effect of leverage on the value of real estate companies listed on the Stock Exchange in Indonesia, with investment and dividend as mediators. The population in this study is all real estate companies listed on the Indonesia Stock Exchange. The total population was as many as 44 companies. The analytical method used is Generalized Structural Component Analysis (GSCA). The results of this study indicate that high dividend payments will cause decrease in value of company. Intense competition in real estate sector, companies to survive in industry must have product innovations. Consequence of dividend payments is that companies will use high amounts of leverage. Empirically, previous research examining the interaction between leverage, investment, dividends, and company value has produced inconsistencies in research results (gaps). This research focuses on the real estate industry in Indonesia.","PeriodicalId":39953,"journal":{"name":"International Journal of Information and Management Sciences","volume":"80 1","pages":"273-294"},"PeriodicalIF":0.0000,"publicationDate":"2020-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Effect of Leverage on Investment, Dividends, and Company Value on The Real Estate Industry in Indonesia\",\"authors\":\"Dwiatmanto\",\"doi\":\"10.6186/IJIMS.202009_31(3).0004\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The purpose of this study is to examine and explain the effect of leverage on the value of real estate companies listed on the Stock Exchange in Indonesia, with investment and dividend as mediators. The population in this study is all real estate companies listed on the Indonesia Stock Exchange. The total population was as many as 44 companies. The analytical method used is Generalized Structural Component Analysis (GSCA). The results of this study indicate that high dividend payments will cause decrease in value of company. Intense competition in real estate sector, companies to survive in industry must have product innovations. Consequence of dividend payments is that companies will use high amounts of leverage. Empirically, previous research examining the interaction between leverage, investment, dividends, and company value has produced inconsistencies in research results (gaps). This research focuses on the real estate industry in Indonesia.\",\"PeriodicalId\":39953,\"journal\":{\"name\":\"International Journal of Information and Management Sciences\",\"volume\":\"80 1\",\"pages\":\"273-294\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-09-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Information and Management Sciences\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.6186/IJIMS.202009_31(3).0004\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"Engineering\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Information and Management Sciences","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.6186/IJIMS.202009_31(3).0004","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Engineering","Score":null,"Total":0}
The Effect of Leverage on Investment, Dividends, and Company Value on The Real Estate Industry in Indonesia
The purpose of this study is to examine and explain the effect of leverage on the value of real estate companies listed on the Stock Exchange in Indonesia, with investment and dividend as mediators. The population in this study is all real estate companies listed on the Indonesia Stock Exchange. The total population was as many as 44 companies. The analytical method used is Generalized Structural Component Analysis (GSCA). The results of this study indicate that high dividend payments will cause decrease in value of company. Intense competition in real estate sector, companies to survive in industry must have product innovations. Consequence of dividend payments is that companies will use high amounts of leverage. Empirically, previous research examining the interaction between leverage, investment, dividends, and company value has produced inconsistencies in research results (gaps). This research focuses on the real estate industry in Indonesia.
期刊介绍:
- Information Management - Management Sciences - Operation Research - Decision Theory - System Theory - Statistics - Business Administration - Finance - Numerical computations - Statistical simulations - Decision support system - Expert system - Knowledge-based systems - Artificial intelligence