Profitabilitas, Struktur Modal, Ukuran Perusahaan, dan Kebijakan Dividen terhadap Nilai Perusahaan di BEI
Keywords:
Nilai Perusahaan, Profitabilitas, Struktur Modal, Ukuran Perusahaan, Kebijakan Dividen
Abstract
This research was aimed to investigate the effect of profitability, capital structure, firm size, and dividend policy on firm value. Measurement of firm value in this research used price to book value (PBV). This research used manufacturing companies of food and beverages industry listed on Indonesian Stock Exchange for periode 2016-2020. The sample selection method used purposive sampling technique and obtained 44 samples. The data analysis used multiple linear regression test with SPSS 25 were used to analyze data. The result of analysis showed that capital structure, firm size and dividend policy has no effect on firm value. On the other side, profitability has significant positive effect on firm value.
References
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Salim, M. N., & Susilowati, R. (2020). the Effect of Internal Factors on Capital Structure and Its Impact on Firm Value: Empirical Evidence From the Food and Baverages Industry Listed on Indonesian Stock Exchange 2013-2017. International Journal of Engineering Technologies and Management Research, 6(7), 173–191. https://doi.org/10.29121/ijetmr.v6.i7.2019.434
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Tamrin, M., Rahman Mus, H., Arfah, A., & Author, C. (2017). Effect of profitability and dividend policy on corporate governance and firm value: Evidence from the Indonesian manufacturing Sectors. 19, 66–74. https://doi.org/10.9790/487X-1910086674
Wahyu Nisasmara, P. (2016). CASH HOLDING, GOOD CORPORATE GOVERNANCE AND FIRM VALUE. Jurnal Dinamika Manajemen, 7(2), 117–128. http://jdm.unnes.ac.id
Hartanti, R., Yulandani, F., & Riandi, M. R. (2019). THE EFFECT OF PROFITABILITY, CAPITAL STRUCTURE, AND IMPLEMENTATION OF CORPORATE GOVERNANCE MECHANISM ON FIRM VALUE. Jurnal Akuntansi Trisakti, 6(1), 83. https://doi.org/10.25105/jat.v6i1.4872
Hidayah, N. E. F., & Rahmawati, R. (2019). The Effect of Capital Structure, Profitability, Institutional Ownership, and Liquidity on Firm Value. Indonesian Journal of Contemporary Management Research, 1(1), 55–64.
Hirdinis, M. (2019). Capital Structure and Firm Size on Firm Value Moderated by Profitability. In International Journal of Economics and Business Administration: Vol. VII (Issue 1). www.idx.co.id,
Imam Ghozali. (2016). APLIKASI ANALISIS MULTIVARIATE Dengan Program IBM SPSS 23 (8th ed.). Universitas Diponegoro.
Natsir, K., & Yusbardini, Y. (2020). The Effect of Capital Structure and Firm Size on Firm Value Through Profitability as Intervening Variable. 145(Icebm 2019), 218–224. https://doi.org/10.2991/aebmr.k.200626.040
Putra AA Ngurah Dharma Adi, & Lestari Putu Vivi. (2016). PENGARUH KEBIJAKAN DIVIDEN, LIKUIDITAS, PROFITABILITAS DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN. Manajemen, 5.
Putri, I. G. A. P. T. (2020). Effect of capital structure and sales growth on firm value with profitability as mediation. International Research Journal of Management, IT and Social Sciences, 145–155. https://doi.org/10.21744/irjmis.v7n1.833
Rai Prastuti, N., & Merta Sudiartha, I. (2016). Pengaruh Struktur Modal, Kebijakan Dividen, Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur. None, 5(3), 254202.
Riwu Manu, R. E., & Alhabsji Sri Mangesti Rahayu Nila Firdausi Nuzula, T. (2019). The Effect of Corporate Governance on Profitability, Capital Structure and Corporate Value. Finance and Accounting, 10(163), 65145. https://doi.org/10.7176/RJFA
Salim, M. N., & Susilowati, R. (2020). the Effect of Internal Factors on Capital Structure and Its Impact on Firm Value: Empirical Evidence From the Food and Baverages Industry Listed on Indonesian Stock Exchange 2013-2017. International Journal of Engineering Technologies and Management Research, 6(7), 173–191. https://doi.org/10.29121/ijetmr.v6.i7.2019.434
Sari Widya, Pratama Leo Indra, & David, C. (2019). The Moderating Impact of Dividend Policy and Corporate Social Responsibility On Profitability towards Firm Value. Akuntansi, Manajemen, Dan Ekonomi, 21.
Suwardika I Nyoman Agus, & Mustanda I Ketut. (2017). PENGARUH LEVERAGE, UKURAN PERUSAHAAN, PERTUMBUHAN PERUSAHAAN, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PROPERTI. Manajemen Unud, 6.
Tamrin, M., Rahman Mus, H., Arfah, A., & Author, C. (2017). Effect of profitability and dividend policy on corporate governance and firm value: Evidence from the Indonesian manufacturing Sectors. 19, 66–74. https://doi.org/10.9790/487X-1910086674
Wahyu Nisasmara, P. (2016). CASH HOLDING, GOOD CORPORATE GOVERNANCE AND FIRM VALUE. Jurnal Dinamika Manajemen, 7(2), 117–128. http://jdm.unnes.ac.id
Published
2022-06-24
How to Cite
Aru, Y. A. P., & ListyoriniWahyu Widati. (2022). Profitabilitas, Struktur Modal, Ukuran Perusahaan, dan Kebijakan Dividen terhadap Nilai Perusahaan di BEI. Kompak :Jurnal Ilmiah Komputerisasi Akuntansi , 15(1), 110 -121. https://doi.org/10.51903/kompak.v15i1.623
Section
Articles
