PENGARUH KEBIJAKAN DIVIDEN, LEVERAGE, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN FOOD AND BEVERAGES

Abstract

The purpose of the company is to maximize the value of the company and welfare of the shareholders. This research is conducted to know the influence of dividend policy, leverage and profitability to the company value at Food and Beverage Company that listed in BEI in 2012-2016 period. The sampling technique was conducted by using the purposive sampling method which resulted of 6 companies as research sample from the population of 12 food and beverage companies which is listed in Indonesia Stock Exchange. The analysis technique that been used is multiple linear regression. The classic assumption test shows that this model classified in the criteria, the model feasibility test shows that this model is classified to be used, t test and regression show dividend policy has an influencenot significant and negative to the company value, leverage have an insignificant and positive influence to the company value, has a significant and positive influence on the value of the company in food and beverages companies.The investors are expected to look at the company's annual financial report to be selected so that investors can put the capital to be invested in the right company. For the next researcher to add other variables that have not been included in this research in order to expand the research, and the period of more updated research.
Keywords: dividend policy, leverage, profitability, company value