Yulia Efni
-
1 publications
-
465 downloads
-
453 views
- 706 Views
-
0 books
-
The mediating effect of investment decisions and financing decisions on the effect of corporate risk and dividend policy against corporate value
Yulia Efni doi: http://dx.doi.org/10.21511/imfi.14(2).2017.03Investment Management and Financial Innovations Volume 14, 2017 Issue #2 pp. 27-37
Views: 1761 Downloads: 808 TO CITE АНОТАЦІЯThe text of this article has been corrected. Information about the changes is provided here http://dx.doi.org/10.21511/imfi.22(2).2025.24
This study aims to determine the effect of mediation decisions on investment, and financing decisions influence the company’s risk and dividend policy on firm value. The unit of analysis in this research is company property and real estate sectors listed in Indonesia Stock Exchange continuously for 9 years (2001-2008) that have a complete financial report on the study period. This research study using descriptive analysis and inferentsial to prove examine the relationship between the study variables with the five structural models using WarpPLS. This study is basically to analyze the patterns of relationships between variables in order to determine the effect of directly or indirectly, a set of independent variables (exogenous) to the dependent variable (endogenous). The company’s risk and investment decisions are able to increase the value of the company, while the dividend policy and funding decisions are not able to increase the value of the company, the study was conducted at the companies in the sectors of property and real estate, then this study better developed for other sectors that have different characteristics. Originality from this research is the populations in this study were the companies in the sectors of property and real estate with specific criteria Indonesia and the data used in this study were secondary data obtained from the Indonesia Stock Exchange in the form of financial statements.
-
A CORRECTION TO "The mediating effect of investment decisions and financing decisions on the effect of corporate risk and dividend policy against corporate value"
Yulia Efni doi: http://dx.doi.org/10.21511/imfi.22(2).2025.24Investment Management and Financial Innovations Volume 22, 2025 Issue #2 pp. 312
Views: 28 Downloads: 2 TO CITEThe Original Article was published on June 2, 2017
Correction:
In the section INTRODUCTION in this article, the following adjustments were made:
In paragraph 4, the text was corrected to include a link to the citation source. The sentences now read like this: “Based on the viewpoint of financial management, the company’s goal is to maximize stockholders’ prosperity. The increase in stockholders’ prosperity can be achieved through the increase in the company’s value (Gitman, 2003). Based on Ross (2005), the goal of financial management is to maximize the current value per share of the existing stock.”
In paragraph 6, the text was corrected to include a link to the citation source. The sentences now read: “In addition, the risk has negative relationship with the corporate value (Wasnieski, 2008; Muslimin , 2006). Moreover, contrasting findings from Sudarma (2004) and Mas’ud (2008) indicate no significant effect of risk on corporate value.”
In paragraph 7, the text was corrected to include a link to the citation source. The sentences now read: “Funding decision can increase the corporate value (Hendro, 2008)”.
In the LITERATURE REVIEW section of this article, the year was corrected from 2005 to 2004. The sentences now read: “Hanafi (2004) explains that the purpose of financing decisions is to obtain funds with the cheapest cost. Financing includes short-term and long-term financing, in which short-term financing is defined as less than one year of financing, while the long-term financing is over a period of business.”
In the REFERENCES list in this article, the source #4 was changed to: “Hanafi, M. Mamduh.2014. Manajemen Keuangan. Yogyakarta: BPFE.”