PENGARUH PROFITABILITAS, LEVERAGE, UKURAN PERUSAHAAN DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN

Windi  Prasasti; Nur  Fadjrih Asyik

Windi Prasasti
Nur Fadjrih Asyik

Keywords: firm value, profitability, leverage, firm size, dividend policy

Abstract

This research aimed to examine the effect on the financial ratio which was proxy with Return On Equity (ROE),
Debt To Equity Ratio (DER), Firm Size, and Dividend Payout Ratio (DPR) to the firm value at manufacturing
company which were listed in Indonesia Stock Exchange (IDX). This research is a quantitative research. The
data used in this research is the secondary data. The population of this research used purposive sampling method
at manufacturing company which were listed in Indonesia Stock Exchange (IDX) during 2015-2017 periods and
based on the determine criteria it was obtained 19 samples with 57 observations. The analysis method used
multiple linear regressions analysis with the instrument of SPSS (Statistical Product and Service Solutions)
application. The result of this research showed that Return On Equity (ROE) gave positive effect on the firm
value. Debt to Equity Ratio (DER) did not have any effect on the firm value. Firm size gave effect on the firm
value. Firm size did not have any effect on the firm value. Dividend Payout Ratio (DPR) did not have any effect
on the firm value.
Keywords: firm value, profitability, leverage, firm size, dividend policy.