Studi kebijakan hutang: Antaseden dan dampaknya terhadap nilai perusahaan
Purposes - The purpose of this study is to test empirically the influence of institutional ownership, return on equity, debt equity ratio to price book value.
Methods - The approach was used in this study is quantitative, especially associative. The samples in this study there were 9 companies. The method was used for data analysis is path analysis.
Findings - The results of this study indicate the effect of institutional ownership and return on equity on debt equity ratio were not significant; The influence of institutional ownership and debt equity ratio on price book value were not significant, only the return on equity which was significant effected on price book value.
Keywords - Institutional ownership, Return on equity, Debt equity ratio, Price book value.