Analisis Faktor – faktor yang Mempengaruhi Nilai Perusahaan dengan Kebijakan Dividen sebagai Variabel Moderasi

Ida, Nurhayati Analisis Faktor – faktor yang Mempengaruhi Nilai Perusahaan dengan Kebijakan Dividen sebagai Variabel Moderasi. Owner: Riset & Jurnal Akuntansi.

PDF Download (4MB)

Abstract

This study was conducted with the aim of testing and analyzing the effect of profitability, leverage, firm size, capital structure, and liquidity on firm value with dividend policy as a moderating variable. This study used 189 samples of manufacturing companies. Manufacturing companies that are used as samples are companies listed on the Indonesia Stock Exchange for the period 2018- 2020. The method used in sampling is based on criteria (purposive sampling). The data used in this study were obtained from documentation studies (website Indonesian Stock Exchange) and library research (books, journals, internet, and previous studies). This data is secondary data in the form of Company Financial Statements that have been published through the Indonesia Stock Exchange. The results obtained explain that profitability has a positive and significant effect on firm value. The direction of the regression coefficient is positive, meaning that an increase in profitability will increase firm value. Leverage has a negative but not significant effect on firm value. Company size has a positive but not significant effect on firm value. Capital structure has a positive but not significant effect on firm value. Liquidity has a positive but not significant effect on firm value. Dividend policy moderate the effect of profitability on firm value. Dividend policy does not moderate the effect of leverage on firm value. Dividend policy does not moderate the effect of firm size on firm value. Dividend policy does not moderate the effect of capital structure on firm value. Dividend policy does not moderate the effect of liquidity on firm value. Keywords: Dividend Policy; The value of the company; Profitability

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General)
Faculty / Institution:	Fakultas Ekonomika dan Bisnis
Depositing User:	Fakultas Ekonomi
Date Deposited:	25 Apr 2022 06:20
Last Modified:	25 Apr 2022 06:20
URI:	https://eprints.unisbank.ac.id/id/eprint/8343

Actions (login required)

View Item