August 2019
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208 Reads
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3 Citations
This study aims to examine the influence of investment opportunity set, Corporate Governance Mechanism, dividend policy, and firm size to Value of The Firm. The object used in this research is food and beverage sector manufacturing companies listed in Indonesia Stock Exchange (BEI) period 2012-2015. The population of this research is the food and beverage sector manufacturing company with purposive sampling as many as eight foods and beverage manufacturing companies through literature and documentation study. Data analysis techniques in this study using SEM (Structural Equation Modeling) with the application program PLS (Partial Least Square). The results of this study have met the classical assumptions, which include: indicator used in this study is the evaluation of Average Variance Exceeded (AVE), composite reliability and discriminant validity. (2) Corporate governance mechanism has no significant effect on firm value, (3) dividend policy has a significant effect to firm value, (4) firm size has no significant effect of the value of the firms.