PENGARUH KEBIJAKAN DIVIDEN, PERTUMBUHAN PENJUALAN, PROFITABILITAS DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

High firm value has become the desire of the owners of the company, because high value reflects the prosperity of
the shareholders as well, and the management company should strive to maximize the prosperity of
shareholders. This research is aimed to find out the influence of dividend policy, sales growth, profitability and
firm size to the firm value. The population is go public telecommunication companies which are listed in
Indonesia Stock Exchange, the sample collection techniques has been done by using purposive sampling and the
samples are 5 companies, and the observations period in 2011-2015. The data is the secondary data using
financial statement data. The analysis technique has been carried out by uising multiple linear regression
analysis. The result of this research uses model feasibility test shows that the models are feasible to be used for
the following research, and the hypothesis test has been done by using t-test shows that dividend policy, sales
growth, profitability and firm size give significant and positive influence to the firm value.
Keywords: Dividend policy, sales growth, profitability, company size, the value of the company