PENGARUH PERTUMBUHAN PERUSAHAAN, PROFITABILITAS DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI BEI

Abstract

This research aimed to examine the effect of companies’ growth which was referred to asset growth (growth), profitability was referred to Return On Equity (ROE), and dividend policy was referred to Dividend Payout Ratio (DPR) on firm value which was referred to Price Book Value (PBV). The research was quantitative. Moreover, the data collection technique used purposive sampling. In line with that, there were 10 samples from 35 Food and Beverages companies which were listed on Indonesia Stock Exchange during 2016-2020 which fulfilled the criteria given. Furthermore, the data analysis technique used multiple linear regression with SPSS 25. From regression coefficient value, it showed that independent variables could explain dependent variable for about 93,1%. While the rest of 6,9% were outside the research. Additionally, the hypothesis test result concluded that companies’ growth did not effect firm value. On the other hand, profitability and dividend policy had a positive effect on firm value.