PENGARUH STRUKTUR MODAL, PROFITABILITAS, DAN KEBIJAKAN DEVIDEN TERHADAP NILAI PERUSAHAAN (Studi Pada Perusahaan Sektor Pertambangan Batubara yang Terdaftar di BEI Pada Tahun 2015-2019)

Yasinta Nur Fatikha  Amaliyah; Sasi  Agustin

Yasinta Nur Fatikha Amaliyah
Sasi Agustin

Keywords: firm value, capital structure, profitability, dividend policy

Abstract

The mining company is one of the sectors contributing to economic growth in Indonesia. The mining sector is one of Indonesia's important economic sectors because lndonesia has a large potential in mineral and energy. Besides , the mining sector had large export contributions. This research aimed to examine the effect of capital struc ture, profitability, and dividend policy on the firm value in coal mining listed on the Indonesia Stock Exchange (IDX) during 2015-2019. The population of this research used 22 companies in the coal mining sector. Moreover, the sample collection technique of this research used purposive sampling, and it obtained 6 sample companies. This research quantitatively used multiple linear regression analysis. The result of this research showed that capital structure had a negative and significant effect on the firm value. Profitability had a positive and significant effect on the firm. Dividend policy had positive but insignificant effects on the finn value.
Keywords: firm value, capital structure , profitability, dividend policy.