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

Abstract

This research aimed to examine the effect of dividend policy, liquidity, profitability and firm size on firm value. While, dividend policy (DPR) was measured by Dividen Payout Rati, liquidity (CR) was measured by Current Ratio, profitability (ROE) was measured by Return On Equity. Meawhile, Firm value was measured by Price Book Value the research was quantitative. Furthmore, the dta collection technique used purposive sampling, in wich the sample was based on crieteria given. In line with, there ware 90 observations from 18 samples of Food and Beverages companies wich histed on Indonesia Stock Exchange (IDX) during 2015-2019. Additionally, the data analysis technique used multiple linier regression. In addition, the research result concluded as follows: (a) dividend policy did not affect firm value of Food and Beverages companies, (b) liquidty had a positive effect on firm value of Food and Beverages companies, (c) profitabilitiy had a positive effect on firm value of Food and Beverages companies and (d) firm size had a positive effect on firm value of Food and Beverages companies.
Keyword: dividen policy, liquidity, profitability firm size, firm value