PENGARUH PERTUMBUHAN PERUSAHAAN, KEBIJAKAN DIVIDEN, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to find out the effect of firm growth, dividend policy, and profitability on the firm value of property and real estate companies which were listed on Indonesia Stock Exchange 2016-2018. While, the independent variables were namely firm growth, dividend policy, and profitability. Meanwhile, the dependent variable was firm value.The research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 51 samples from 17 property an real estate companies which were listed on Indonesia Stock Exchange 2016-2018. In addition, the data analysis technique used multiple linier regression with SPSS 21.The research result concluded the firm growth which was measured by Total Asset Growth, and profitability which was measured by Return On Asset had significant effect on the firm value. On the other hand, the dividend policy which was measured by Dividend Payout Ratio had insignificant effect on the firm value.
Keywords:growth, dividend, profitability, firm value