PENGARUH PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL INTERVENING

  • Nur Hayati
  • Andayani Andayani
Keywords: profitability, firm Value, dividend Policy

Abstract

This research aimed to examine the effect of propotability on firm value, with dividend policy as intervening variable, of Food and Beverages companies which was listed on Indonesia Stock Exchange (IDX) during 2013-2018.This type of research is quantitative. The sample used in this study is a food and beverage company listed on the Indonesia Stock Exchange (BEI) during 2013-2018. The sample in this study was obtained based on the purposive sampling method.In line with, there were 7 Food and Beverages companies as the sample with 42 observation data. The analysis technique used in this research is path analysis using SPSS (Statistical Product and Service Solutions) version 24.Furthermore, the research result concluded as follows: (1) profitability had positive and significant effect on firm value of Food and Beverages companies, (2) profitability had positive and significant effect on dividend of policy of Food and Beverages companies, (3) divident policy had positive and significant effect firm value of Food and Beverages companies, and (4) Profitability has a positive effect on firm value mediated by dividend policy.
Keyword: profitability, firm Value, dividend Policy

Published
2021-09-16