PENGARUH KEBIJAKAN DIVIDEN, KEPEMILIKAN PUBLIK DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI TAHUN 2016-2020

Abstract

Increasing the value of the company is the main goal of every company which is carried out by guaranteeing the prosperity of shareholders with the hope that later it will increase the amount of investment obtained for the company. The purpose of this study was to empirically examine the effect of dividend policy, public ownership and profitability on firm value in manufacturing companies that went public on the Indonesia Stock Exchange. This research is a result that describes how much influence Dividend Policy, Public Ownership and Profitability have on Firm Value. Company Value is a benchmark to assess the feasibility of a company as a place to invest. The sampling technique used purposive sampling method. The purposive sampling results selected 10 manufacturing companies as samples. Data was taken within 5 years, namely from 2016-2020 so that 50 observational data were obtained. The independent variables used are Dividend Policy, Public Ownership, Profitability and the dependent variable is Firm Value. The analytical method used is multiple linear regression with the help of SPSS version 18. The results showed that Profitability has a significant positive effect on Firm Value. Meanwhile, Dividend Policy and Public Ownership have no effect on Company Value.