PENGARUH KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of investment decisions, funding decisions, and dividend
policy on firm value. The research was quantitative; with 40 samples from 8 Property and Real Estate
companies that were listed on IDX during 2017-2021. Moreover, the data collection technique used
purposive sampling, in which the sample was based on the criteria given. Furthermore, the data
analysis technique used multiple linear regression with SPSS. The result concluded as follows: (1)
Investment decisions had a significantly positive effect on firm value, as higher investment would
increase firm value, (2) Funding decisions had a negative and insignificant effect on firm value since
higher debt usage would decrease firm value, and (3) dividend policy had a significantly positive effect
on firm value; because higher dividend share would increase firm value.