The aims of this study are to examine and analyze, First the direct effect of financial decision and dividend policy on firm value, second the indirect effect of financial decision and dividend policy on firm value, and investment decision as mediation variable. This study was performed on the firms listed in the Indonesia Stock Exchange (BEI) During 2014 to 2017 period. The data collection was done by using purposive sampling while the population is chosen based on population criteria. The Firm involved as research sample with the number are 72 firms. The method of data analysis is multiple regression analysis and Sobel Test used to test for mediation variable. The research findings show that the indirect effect of funding decisions and dividend policy with investment decisions as mediation on firm value is significant.
This study aims to examine and analyze (1) the indirect effect of iFree Cash Flow on firm value through the investment Opportunity Set mediation. (2) the indirect effect of Company Size on firm value through the mediation of Investment Opportunity Set. This research was conducted on manufacturing companies listed on the Indonesia Stock Exchange (IDX) with a data period of 2014 to 2017. Data collection was carried out using purposive sampling techniques and population based on population criteria. Research sample companies and the number of research samples are 72 companies. Data analysis methods are Path Analysis and Sobel Test which are used to test the investment opportunity set mediation variables. The results showed that the investment opportunity set can mediate the effect of free cash flow and dividend policy on firm value.
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