PENGARUH UKURAN PERUSAHAAN, KEBIJAKAN DIVIDEN, DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN

Abstract

On the economic condition now days, many companies, such as plantation industry, have strong competition among others. This kind of competition makes some companies improve its competitive ability in order to achieve their goals. This research aimed to find out the effect of firm size, dividend policy, and capital structure on firm value. While, the population was Plantation companies which were listed on Indonesia Stock Exchange during 2014-2018. Moreover, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 9 plantation companies as sample. Furthermore, the data were secondary which in the form of financial statement. In addition, the data analysis technique used multiple regression. The research result, from proper model test, showed the model was properly to be used for further research. In addition, from hypothesis test with t test, it concluded firm size had positive and significant effect on form value. Likewise, dividend policy had positive and significant effect on firm value. On the other hand, capital structure had negative and insignificant effect on firm value.
Keywords: firm size, dividend policy, capital structure, firm value