PENGARUH PROFITABILITAS, STRUKTUR MODAL, DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN RETAIL YANG TERDAFTAR DI BEI PERIODE 2018-2022

Abstract

This research aimed to examine and analyze the effect of profitability, capital sreucture, and dividend policy on the firm value of Retail companies listed on the Indonesia Stock Exchange (IDX) 2018- up to 2022. The research was casual - comparative with a quantitative approach. The data were secondary and taken from companies’ financial statements. Moreover, the population was 28 Retail companies listed on on the Indonesia Stock Exchange (IDX) 2018- up to 2022. The data collection technique used purposive sampling with 6 retail companies as the sample. Furthermore, the data analysis technique used multiple linier regression with SPSS. The hypothesis test (t - test) result showed that profitability (ROA) had a positive and significant effect on firm value of retail companies. However, that both capital structure (DER) and dividend policy (DPR) had a negative and significant effect on firm value of Retail companies listed on the Indonesia Stock Exchange (IDX) 2018- up to 2022.