PENGARUH PROFITABILITAS, KEBIJAKAN KEUANGAN DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research is meant to examine the influence of profitability, dividend policy, debt policy, investment decision, and firm size to the firm value. In this research the profitability is measured by using Return On Assets, dividend policy has been measured by using Dividend Payout Ratio, debt policy has been measured by using Debt to Equity Ratio, investment decision has been measured by using Price Earnings Ratio and firm size has been measured by using Log Natural. The population of this research is company which is listed in Indonesia Stock Exchange. The sample is used manufacturing sector food and beverages which is listed in Indonesia Stock Exchange during 2012 until 2016 periods. The total sample of this research is 11 Food and beverages company which has been determined by using saturation sampling. The analysis method has been carried out by using multiple regressions analysis technique. Can be concluded that Return On Assets gives influence to the firm value. Dividend Payout Ratio does not have any influence to the firm value. Debt to Equity Ratio gives influence to the firm value. Price Earnings Ratio does not have any influence to the firm value. Log Natural gives influence to the firm value.
Keywords:Profitability, Dividend Policy, Debt Policy, Investment Decision,Firm Value.