The Effects of Profitability, Debt Policy and Dividend Policy on Company Value: An empirical study on the manufacturing companies listed on the Indonesia stock exchange in the period of 2014-2016

Titiek, Suwarti and Ceacilia, Srimindarti and Listyorini Wahyu, Wdati and Ari, Nurjanah The Effects of Profitability, Debt Policy and Dividend Policy on Company Value: An empirical study on the manufacturing companies listed on the Indonesia stock exchange in the period of 2014-2016. ICOBAME 2018) Copyright © 2019, the Authors. Published by Atlantis Press. This is an open access article under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/)..

PDF Download (1MB)

Abstract

This study aims to examine and analyze the effect of Profitability, Debt Policy and Dividend Policy on the Value of the Company. This study was conducted in Indonesia using a unit of analysis of go public manufacturing companies. The research population was a manufacturing company listed on the Indonesia Stock Exchange. By using purposive sampling method this research got 118 companies from 135 companies that had consistently announced complete report in 3 years. The data were analysed by multiple linear regression technique. The results showed that Profitability had no significant effect on the company values in the manufacturing companies on the Indonesia Stock Exchange. Debt policy had a positive significant effect on the company values in the manufacturing companies listed on the Indonesia Stock Exchange. Dividend policy had a positive significant effect on the company values in the manufacturing companies listed on the Indonesia Stock Exchange. The results of this study have implications for consideration for investors decision making.

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General)
Faculty / Institution:	Fakultas Ekonomika dan Bisnis
Depositing User:	Fakultas Ekonomi
Date Deposited:	24 Oct 2022 06:47
Last Modified:	24 Oct 2022 06:47
URI:	https://eprints.unisbank.ac.id/id/eprint/8911

Actions (login required)

View Item