PENGARUH PROFITABILITAS, KEBIJAKAN DIVIDEN, DAN PERTUMBUHAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN (STUDI PADA PERUSAHAAN TRANSPORTASI YANG TERDAFTAR DI BEI)

Abstract

The research aimed to examine, find out, and analyze the effect of profitability, dividend
policy, and companies’ growth on firm value of Transportation companies which were listed on
Indonesia Stock Exchange (IDX) during 2016-2020. The profitability was measured by Return On
Asset, dividend policy was measured by Dividend Payout Ratio, and firm growth was measured by
Asset Growth. The research was causal-comparative with a quantitative approach. Moreover, the data
collection technique used purposive sampling, in which the sample was based on criteria given. The
population was 46 Transportation companies. Furthermore, there were 5 companies which were listed
on IDX during 2016-2020 as the sample. The data analysis technique used multiple linear regression
with SPSS 24. In addition, the research result concluded that both profitability and dividend policy had
a significant effect on firm value. On the other hand, companies’ growth had a insignificant effect on
firm value.