DAFTAR ISI LEMBAR PENGESAHAN ABSTRAK .............................................................................................................. i KATA PENGANTAR ........................................................................................... ii DAFTAR ISI ........................................................................................................... i DAFTAR TABEL ................................................................................................ iv DAFTAR GAMBAR ..............................................................................................v BAB 1 PENDAHULUAN ......................................................................................1 1.1 Latar Belakang Penelitian ............................................................................1 1.2 Identifikasi dan Rumusan Masalah ..............................................................7 1.2.1 Identifikasi Masalah ............................................................................7 1.2.2 Rumusan Masalah ...............................................................................8 1.3 Tujuan Penelitian .........................................................................................8 1.4 Manfaat Penelitian .......................................................................................9 1.4.1 Manfaat Teoritis ..................................................................................9 1.4.2 Manfaat Praktis ...................................................................................9 BAB II KAJIAN PUSTAKA, KERANGKA PEMIKIRAN DAN HIPOTESIS ..............................................................................................11 2.1 Kajian Pustaka ............................................................................................11 2.1.1 Ilmu Manajemen ...............................................................................11 2.1.1.1 Pengertian Manajemen .........................................................11 2.1.1.2 Fungsi-fungsi Manajemen ....................................................12 i 2.1.1.3 Bidang-Bidang Manajemen ..................................................14 2.1.1.4 Peran-Peran Dalam Manajemen ..........................................17 2.1.2 Manajemen Keuangan ......................................................................18 2.1.2.1 Pengertian Manajemen Keuangan ........................................18 2.1.2.2 Fungi Manajemen Keuangan ................................................19 2.1.3 Investment Opportunity Set (IOS).....................................................20 2.1.3.1Pengertian Investasi ...............................................................20 2.1.3.2 Penggolongan Investasi ........................................................21 2.1.3.3 Tujuan Investasi ....................................................................24 2.1.3.4 Penilaian Investasi ................................................................25 2.1.3.5 Pengertian Investment Opportunity Set (IOS) ......................27 2.1.3.6 Jenis-jenis Proksi Investment Opportunity Set (IOS) ...........28 2.1.4 Nilai Perusahaan ...............................................................................31 2.1.4.1 Pengertian Nilai Perusahaan .................................................31 2.1.4.2 Pengukuran Nilai Perusahaan ...............................................34 2.1.4.3 Konsep Nilai Suatu Perusahaan ............................................36 2.1.5 Pengaruh Investment Opportunity Set (IOS) Terhadap Nilai Perusahaan ........................................................................................36 2.1.6 Hasil Penelitian Terdahulu yang Relevan .........................................37 2.2 Kerangka Pemikiran ...................................................................................40 2.3 Hipotesis Penelitian ....................................................................................42 BAB III METODE PENELITIAN .....................................................................44 3.1 Metode Penelitian yang digunakan ............................................................44 ii 3.2 Definisi dan Operasionalisasi Variabel ......................................................45 3.2.1 Definisi Variabel ...............................................................................45 3.2.2 Operasionalisasi Variabel .................................................................45 3.3 Sumber dan Teknik Pengumpulan Data .....................................................46 3.3.1 Sumber Data ...................................................................................46 3.3.2 Teknik Pengumpulan Data .............................................................47 3.4 Teknik Analisis Data ..................................................................................47 3.5 Tempat dan Waktu Penelitian ....................................................................52 3.5.1 Tempat Penelitian...........................................................................52 3.5.2 Waktu Penelitian ............................................................................52 BAB IV HASIL PENELITIAN DAN PEMBAHASAN ....................................53 4.1 Hasil Penelitian .........................................................................................53 4.1.1 Gambaran Umum Objek Penelitian ..................................................53 4.1.1.1 Profil Singkat PT. Indofood Sukses Makmur, Tbk ..............53 4.1.1.2 Logo Perusahaan ...................................................................55 4.1.1.3 Visi dan Misi PT. Indofood Sukses Makmur, Tbk ...............55 4.1.1.4 Struktur Orgnisasi dan Job Description PT. Indofood Sukses Makmur,Tbk ................................................................56 4.1.1.5 Aktivitas Perusahaan.............................................................61 4.1.2 Laporan Posisi Keuangan ..................................................................62 4.1.3 Deskrpisi Hasil Penelitian .................................................................66 4.1.3.1 Investment opportunity Set pada PT. Indofood Sukses Makmur,Tbk periode 2013-2017 ..........................................79 iii 4.1.3.2 Nilai Perusahaan pada PT. Indofood Sukses Makmur,Tbk Periode 2013-2017 ..............................................................69 4.1.4 Hasil Pengujian Hipotesis .................................................................94 4.1.4.1 Uji Pengaruh Investmenet Opportunity Set Terhadap Nilai Perusahaan ............................................................................72 4.2 Pembahasan ...............................................................................................78 4.2.1 Investment Opportunity Set PT. Indofood Sukses Makmur,Tbk ......78 4.2.2 Nilai Perusahaan Pada PT Indofood Sukses Makmur Tbk ...............79 4.2.3 Pengaruh Investment Opportunity Set Terhadap Nilai Perusahaan Pada PT. XL Axiata, Tbk..................................................................80 BAB V SIMPULAN DAN SARAN .....................................................................82 5.1 Simpulan...............................................................................................82 5.2 Saran .....................................................................................................83 DAFTAR PUSTAKA ...........................................................................................84 iv DAFTAR TABEL Tabel 1.1 Nilai Perusahaan pada PT. Indofood Sukses Makmur,Tbk Tahun 2013-2017 ................................................................................................4 Tabel 2.1 Penelitian Terdahulu yang Relevan .......................................................38 Tabel 3.1 Operasionalisasi Variabel ......................................................................46 Tabel 3.2 Pedoman untuk Menentukan Interpretasi Koefisien Korelasi ...............50 Tabel 3.3 Jadwal Penelitian....................................................................................57 Tabel 4.1 Laporan Neraca PT. Indofood Sukses Makmur Tbk Tahun 20132017 .......................................................................................................62 Tabel 4.2 Laporan Labar Rugi PT Indofood Sukses Makmur Tbk Tahun 20132017 .......................................................................................................65 Tabel 4.3 Jumlah Saham Beredar, Harga Saham Penentuan dan Total Ekuitas tahun 2013-2017 ....................................................................................67 Tabel 4.4 Tingkat Investment Opportunity Set pada PT Indofood Sukses Makmur,Tbk Periode 2013-2017 ..........................................................69 Tabel 4.5 Harga Saham dan Laba Per Lembar Saham...........................................70 Tabel 4.6 Tingkat Price Earnings Ratio pada PT Indofood Sukses Makmur,Tbk Periode 2013-2017 .................................................................................72 Tabel 4.7 Tabel Penolong ......................................................................................73 v DAFTAR GAMBAR Gambar 2.1 Paradigma Penelitian ..........................................................................42 Gambar 4.1 Logo PT.Indofood Sukses Makmur,Tbk ............................................55 Gambar 4.2 Struktur Organisasi PT.Indofood Sukses Makmur,Tbk .....................57 Gambar 4.3 Hubungan Kasual Antara Variabel X Dengan Variabel Y .................78 vi