FAKTOR-FAKTOR YANG BERPENGARUH TERHADAP KEPUTUSAN INVESTASI PADA PERUSAHAAN PROPERTY DAN REAL ESTATE YANG TERDAFTAR BEI

Abstract

The investment decision is a policy of using company funds in an asset which is expected to provide benefit in the future, with the capital market making it easier for companies in companies to obtain the funds needed by offering bonds or stocks. Management needs to consider the factors that influence investment decisions in choosing good investment opportunities for the company. This study aims to analyze the effect of investment opportunities, profitability, dividend policy and investment risk on investment decisions. The research population is property and real estate companies listed ok the Indonesia Stock Exchange in 2016-2019. The Sample in this study were 12 companies. The sampling method used was purposive sampling. The data analysis technique used is multiple linear regression analysis. The result showed that profitability and investment risk had a positive effect on investment decisions. Meanwhile, dividend policy has a negative effect on investment decisions. However, investment opportunities have no effect on investment decisions. Future research is expected to examine companies that have a large population, such as manufacturing or go public campanies.