期刊名称：Jurnal Manajemen dan Kewirausahaan (Journal of Management and Entrepreneurship)
印刷版ISSN：1411-1438
出版年度：2015
卷号：17
期号：1
页码：65-75
DOI：10.9744/jmk.17.1.65-75
语种：English
出版社：Institute of Research and Community Outreach - Petra Christian University
摘要：The objectives was to find empirical evidence of the influence financial decisions, firm size, and ownership structure on firm value in the three economic conditions (before, during, and after the crisis). The model was used multiple regression. The study was conducted in 1992–2008 with samples of 78 public companies and 1084 datas. The results explained that company size and decision not to pay dividends were most affected variables. In addition, policy not to pay dividends had negative effect on firm value. There were also significant differences of company value. For public companies, company's size should be considered. Policies of paying cash dividends could be considered in order to increase company value .
关键词：Financing decision, company size, ownership structure, firm value
