PENGARUH KEBIJAKAN DIVIDEN, PROFITABILITAS, DAN LEVERAGE TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of dividend policy, profitability and leverage on firm value. While, the population was go public food and beverage companies which were listed on Indonesia Stock Exchange (IDX) during 2016-2018. Moreover, the data collection tehnique used purposive sampling, in which the sample was based on criteria given. In line with, there were 13 Food and Beverage companies which were listen on Indonesia Stock Exchange (IDX) during 2016-2018, with 39 observation, furthermore, the data analysis technique used multiple linear regression. The research result concluded as follows: (a) dividen policy was measured by Dividen Payout Ratio (DPR) did not affect firm value of go public Food and Beverage companies, (b) profitability was measure by Return On Equity (ROE) has positive and significant effect on firm value of go public Food and Beverage companies, (c) leverage was measured by Debt to Equity Ratio had positive and significant effect on firm value of go public Food and Beverage companies.
Keywords: dividen policy, profitability, leverage, firm value.