PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN, DAN KEBIJAKAN DEVIDEN TERHADAP NILAI PERUSAHAAN

  • Agung David K. Wolor
  • Khuzaini Khuzaini
Keywords: Firm value, profitability, firm size, dividend policy

Abstract

The research aimed to examine the effect of profitability (ROE), firm size (Ln) and dividend policy (DPR) on firm value (PBV) on annual financial statements in the automotive industry wich listed in Indonesia Stock Exchange. The population in this research used the automotive industry listed on Indonesia Stock Exchange (IDX) during the periods of 2015-2019. Furthermore, the sample collection technique used the purposive sampling method, and in obtained six companies from 13 automotive companies. Meanwhile, this research’s analysis method used multiple linear regressions analysys with the instrument of SPSS application (statistical product and service solutions).Based on the xamination Model Feasibility test (F test) found that Profitability (ROE), firm size (Ln), and dividend policy (DPR) were feasible to used in this research. Meanwhile, the hypothesis test (t-test) stated that profitability (ROE) had a positive and significant effect. firm Size (Ln) had a positive and insignificant effect. In contrast, dividend policy (DPR) had a positive and significant effect on firm value (PBV) in an automotive companies listed on Indonesia Stock Exchange (IDX).
Keywords: Firm value, profitability, firm size, dividend policy.

Published
2021-10-22