PENGARUH PROFITABILITAS, LEVERAGE, DAN KEBIJAKAN DIVIDEN TERHADAPN NILAI PERUSAHAAN (STUDI PADA INDUSTRI OTOMOTIF YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2018-2022)

Abstract

This research aimed to examine the effect of profitability which was referred to as Return on equity (ROE), leverage was referred to as Debt to equity ratio (DER), and dividend policy was referred to as Dividend payout ratio (DPR) on the firm value which was referred to as PBV at Automotive companies listed on the Indonesia Stock Exchange (IDX) during 2018-2022. The research was quantitative. The population was 9 Automotive companies listed on IDX. Moreover, the data collection technique used saturated sampling or census, in which all members of the population were the sample. The data analysis technique used multiple linear regression with SPSS 26. The result showed that profitability (ROE) affected the firm value (PBV) at Automotive companies listed on the Indonesia Stock Exchange (IDX) during 2018- 2022. Likewise, leverage (DER) affected the firm value (PBV) at Automotive companies listed on the Indonesia Stock Exchange (IDX) during 2018-2022. Similarly, dividend policy (DPR) affected the firm value (PBV) at Automotive companies listed on the Indonesia Stock Exchange (IDX) during 2018-2022.