PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN, DAN KEBIJAKAN DEVIDEN TERHADAP NILAI PERUSAHAAN FOOD AND BEVERAGE DI BEI

Abstract

This research aimed to examine empirically the effect ofprofitability, firm size, and dividend policy on firm value. The profitability was measured by Return On Asset (ROA), firm size was measured by Logarithms Natural (Ln), and dividend policy was measured by Dividend Payout Ratio (DPR). The research was quantitative. Moreover, the population was Food and Beverage companies that were listed on Indonesia Stock Exchange (IDX) from 2015-up to 2020. Furthermore, the data collection technique used purposive sampling. In line with that, there were 7 samples with 42 observations. Additionally, the data were secondary which in form of companies financial statements. In addition, the data analysis technique used multiple linear regression with SPSS (Statistical Packagefor the Social Sciences) 26. The research result concluded that profitability had a positive and significant effect on firm value,firm size had a positive but insignificant effect onfirm value, anddividend policy had a positive but insignificant effect on firm value.