PENGARUH RASIO KEUANGAN, KEBIJAKAN DIVIDEN DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of financial ratio, dividend policy and firm size on the firm value. The ratio was consists of profitability which referred to Return On Assets (ROA), liquidity which referred to Current Ratio (CR) and solvability which referred to Debt to Equity Ratio (DER). While, dividend was referred to Dividend Payout Ratio (DPR), firm size was referred to Log Natural (LN), and firm value which was referred to Price to Book Value (PBV). Moreover, the research was quantitative. Furthermore, the sampling collection technique used purposive sampling with some criteria given. For the population, there were seven companies of Food and Beverages which were listed on Indonesia Stock Exchange 2013-2017 as sample. In addition, the data analysis technique used multiple linear regression with SPSS version 22. The research result concluded profitability and solvability had significant effect on the firm value. On the other hand, liquidity, dividend policy, and firm size had insignificant effect on the firm value.
Keywords: Profitability, liquidity, solvability, dividend policy, firm value