PENGARUH KEBIJAKAN DIVIDEN, SOLVABILITAS, DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of dividend policy, solvability, and firm size on firm value. The dividend policy was referred to as Dividend Payout Ratio (DPR), solvability was referred to as Debt to Equity Ratio (DER), and firm size was referred to as Size. The population was all basic material sectors that go public listed on the Indonesia Stock Exchange (IDX) with financial statement 2021. Moreover, the research was quantitative. The data collection technique used purposive sampling. In line with that, there were 43 companies as the sample. However, during the financial statements report, there was one company that had not reported the financial statement. Therefore, the data became 42 samples. The result concluded that dividend policy had an significant effect on firm value of companies that go public listed on IDX. Likewise, solvability had an significant effect on firm value of companies that go public listed on IDX. Similarly, firm size had an insignificant effect on firm value of companies that go public listed on IDX.