Pengaruh Diversifikasi Berhubungan dan Tidak Berhubungan Terhadap Excess Value Perusahaan Property dan Real Estate yang Terdaftar di BEI Tahun 2008-2010

Fauziah, Neneng Ana (2012) Pengaruh Diversifikasi Berhubungan dan Tidak Berhubungan Terhadap Excess Value Perusahaan Property dan Real Estate yang Terdaftar di BEI Tahun 2008-2010. S1 thesis, STIE Indonesia Banking School.

	Text (Naskah Lengkap) PENGARUH DIVERSIFIKASI..., NENENG ANA FAUZIAH, Ak.-IBS, 2011.pdf Restricted to Registered users only Download (1MB)
	Text (Naskah Ringkas) Jurnal-Diversifikasi Berhubungan dan Tidak Berhubungan terhadap Excess Value.pdf Restricted to Registered users only Download (379kB)

Abstract

For many years, there have been debates about the cost and benefit of corporate diversification strategy. For that reason, the objective of this study was to analyze the influence of related and unrelated diversification toward excess value of firm, excess value proxied firm’s performance. Moreover independent variables in this analysis were level of diversification, industrial segmen, and type of diversification. In addition, the analysis used control variables of leverage, Tobin’s Q ratio, earning growth, total asset, and firm’s age. Using the control variables, they were expected to eliminate the mistakes in drawing the conclusions. Furthermore, the sample was the secondary data from Indonesia Stock Exchange (BEI/ Bursa Efek Indonesia), i.e. the annual report of property and real estate listed from 2008 to 2010 in BEI. The sample was taken using the method of purposive sampling. The sample was 11 single segmen companies, and 101 diversified companies consisted of 18 related diversified and 83 unrelated diversified. The statistics method was multiplied linear regression analysis, with hypotheses testing of t-test and F test. These analysis found that diversified company have negative excess value comparing with single segmen company, and there no different excess value between related diversified and unrelated diversified. Keywords: Related diversification, unrelated diversification, excess value, firm performance, segment sales.

Item Type:	Thesis (S1)
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	Prodi S1 Akuntansi
Depositing User:	Ms Dyta Medina
Date Deposited:	25 Sep 2020 04:19
Last Modified:	16 Jul 2024 03:34
URI:	http://repository.ibs.ac.id/id/eprint/1356

Actions (login required)

View Item