PENGARUH PROFITABILITAS, KEBIJAKAN DEVIDEN DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to find out the effect of profitability, deviden policy, and firm size on the firm value of Base Industry and Chemical companies listed on the Indonesia Stock Exchange (IDX) 2017-2021. Profitability was referred to as ROA, deviden policy was referred to as DPR, firm size was referred to as Size, and firm value was referred to Price to Book Value (PBV). The research was quantitative with secondary data. The data were taken from companies’ financial statements and stock. Moreover, the data collection technique used purposive sampling with documentation as the instrument. The population was 39 Base Industry and Chemical companies. In line with that, therewere 22 samples for 5 years. In total, there were 110 data samples. Furthermore, the data analysis technique used multiple linear regression with SPSS 25. The result concluded that profitability had a significant effect on firm value. Likewise, deviden policy had a significant effect on firm value. Similarly, firm size had a significant effect on firm value.