Artikel Ilmiah : C1H017007 a.n. CARISSA SANDRA SALSABILLA

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NIMC1H017007
NamamhsCARISSA SANDRA SALSABILLA
Judul ArtikelFINANCIAL CONSTRAINTS, INVESTMENT OPPORTUNITIES,AND INVESTMENT DECISION OF LISTED INDONESIA MANFUCATURING COMPANY (2017-2021)
Abstrak (Bhs. Indonesia)Skripsi ini berjudul “Financial Constraints, Investment Opportunities, and
Investment Decisions of Listed Indonesian Manufacturing Companies (2017-2021)".
Penelitian ini bertujuan untuk mengetahui pengaruh arus kas, market to book,
profitabilitas, leverage, dan financial constraint perusahaan terhadap keputusan
investasi.
Metode penelitian yang digunakan dalam penelitian ini adalah regresi data
panel. Penelitian ini menggunakan metode purposive sampling. Sampel dalam
penelitian ini adalah 47 perusahaan. Hasil pengujian hipotesis menunjukkan bahwa:
(1) arus kas berpengaruh positif dan signifikan terhadap keputusan investasi, (2)
market to book berpengaruh positif dan tidak signifikan terhadap keputusan investasi,
(3) profitabilitas berpengaruh negatif dan signifikan terhadap keputusan investasi, (4)
leverage berpengaruh negatif dan signifikan terhadap keputusan investasi, (5)
financial constraint berpengaruh negatif dan signifikan terhadap keputusan investasi.
Implikasi dari penelitian ini adalah investor dapat mengambil keputusan
investasi yang tepat dan benar dengan mempertimbangkan arus kas, profitabilitas, dan
leverage, yang sesuai dengan hasil penelitian ini. Bagi para manajer perusahaan
pemilihan sumber dana untuk berinvestasi juga menjadi salah satu komponen yang
harus diperhatikan secara serius karena setiap sumber dana akan menimbulkan biaya
modal tersendiri, oleh karena itu sangat diharapkan bagi perusahaan untuk
mengetahui informasi yang tepat dan benar sebelum melakukan keputusan investasi.
Abtrak (Bhs. Inggris)This thesis is entitled "Financial Constraints, Investment Opportunities, and
Investment Decisions of Listed Indonesian Manufacturing Companies (2017-2021)".
This research aims to determine the influence of cash flow, market to book,
profitability, leverage, and financial constraints on investment decisions.
The research method used in this research is panel data regression. This
research uses a purposive sampling method. The sample in this research was 47
companies. The results of hypothesis testing show that: (1) cash flow has a positive and
significant effect on investment decisions, (2) market to book has a positive and
insignificant effect on investment decisions, (3) profitability has a negative and
significant effect on investment decisions, (4) leverage has negative and significant
effect on investment decisions, (5) financial constraints have a negative and significant
effect on investment decisions.
The implication of this research is that investors can make appropriate and
correct investment decisions by considering cash flow, profitability, and leverage,
which is in accordance with the results of this research. For company managers,
choosing a source of funds for investment is also a component that must be taken
seriously because each source of funds will incur its own capital costs, therefore it is
highly desirable for companies to know the correct information before making
investment decisions.
Kata kunciFinancial Constraint, Investment Decisions, Cash Flow, Profitability, Leverage, Market to Book Value
Pembimbing 1Prof. Dr. Ade Banani, M.MS.
Pembimbing 2Dr. Dian Purnomo Jati, S.E., M.Sc.
Pembimbing 3Drs. Bambang Sunarko, MM
Tahun2023
Jumlah Halaman101
Tgl. Entri2023-11-01 12:27:47.351327
Cetak Bukti Unggah
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