Pengaruh Struktur Modal, Profitabilitas, Dan Kebijakan Dividen Terhadap Nilai Perusahaan

  • Nur Eka Desniati Universitas Singaperbangsa Karawang
  • Sri Suartini Universitas Singaperbangsa Karawang

Abstract

Business competition in indonesia very tight make company to sho the best value of company The purpose of thi research is to analyzing the effect of capital structure, profitability, and Dividend Policy on Firm value. The sample research is a companies listed on the indonesia stock Exchange on period of 2014-2018. The type of data used is secondary data. The sampling technique used purposive sampling method. Analitycal technique used are the multiple regression anaysis with a significance level a=5%. The result of this research indicates that variabel capital structure has a positive and significant effect on firm value. profitability has a positive and significant effect on firm value. Dividend Policy has a positive and significant effect on firm value.simultaneousl capital stucture, profitability, Dividen policy, on Firm value by 78,1% and the rest was influenced by other variables.

Keywords: Capital Structure, Profitability, Dividen policy, Firm value

References

Fachrudin, K. A., Silalahi, A. S., & Anggeriani. (2018). The Effect of Dividend Policy , Firm Size and Capital Structure on Firm Value with Corporate Social Responsibility as a Moderation Variable in Open Mining Companies in Indonesia Stock Exchange. IOSR Journal of Business and Management (IOSR-JBM), 20(11), 70–82. https://doi.org/10.9790/487X-2011037082
Ismawati, L. (2019). The Influence of Capital Structure and Dividens Policy to Firms Value Listed at Indonesian Stock Exchange. 225(Icobest), 272–275. https://doi.org/10.2991/icobest-18.2018.59
Jayanti, F. D. (2018). Pengaruh Profitabilitas, Struktur Modal, Likuiditas dan Ukuran Perusahaan terhadap Nilai Perusahaan. Jurnal Bingkai Ekonomi, 3(2), 34–44.
Lubis, I. L., Sinaga, B. M., & Sasongko, H. (2017). Pengaruh Profitabilitas, Sruktur Modal, Dan Likuiditas Terhadap Nilai Perusahaan. Jurnal Aplikasi Bisnis dan Manajemen, 3(3), 458–465. https://doi.org/10.17358/jabm.3.3.458
Putra, A., & Lestari, P. (2016). Pengaruh Kebijakan Dividen, Likuiditas, Profitabilitas dan Ukuran Perusahaan terhadap Nilai Perusahaan. None.
Putri, V. R., & Rachmawati, A. (2018). The Effect of Profitability, Dividend Policy, Debt Policy, and Firm Age on Firm Value in The Non-Bank Financial Industry. Jurnal Ilmu Manajemen & Ekonomika, 10(1), 14. https://doi.org/10.35384/jime.v10i1.59
Riyanto, B. (2015). Dasar-dasar Pembelanjaan Perusahaan. Edisi 4. Yogyakarta.BPFE
Rehman, O. U. (2016). Impact of Capital Structure and Dividend Policy on Firm Value. Journal of Poverty, Investment and Development, 21(2), 308–324. https://iiste.org/Journals/index.php/JPID/article/view/28887
Senata, M. (2016). Pengaruh Kebijakan Dividen terhadap Nilai Perusahaan Yang Tercatat Pada Indeks Lq-45 Bursa Efek Indonesia. Jurnal Wira Ekonomi Mikrosil.
Sintyana, I. P. H., & Artini, L. G. S. (2018). Pengaruh Profitabilitas, Struktur Modal, Ukuran Perusahaan dan Kebijakan Dividen terhadap Nilai Perusahaan. E-Jurnal Manajemen Universitas Udayana, 8(2), 757. https://doi.org/10.24843/ejmunud.2019.v08.i02.p07
Suranto, V., & Walandouw, S. (2017). Analisis Pengaruh Struktur Modal dan Kinerja Keuangan terhadap Nilai Perusahaan Pada Perusahaan Perbankan di Bursa Efek Indonesia. Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 5(2), 1031–1040.
Susanti, Y., Mintarti, S., & Asmapane, S. (2018). Pengaruh Struktur Modal, Kinerja Keuangan Perusahaan, Ukuran Perusahaan dan Kualitas Auditor Eksternal terhadap Nilai Perusahaan pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. Akuntabel, 15(1), 1. https://doi.org/10.29264/jakt.v15i1.1924
Suwardika, I., & Mustanda, I. (2017). Pengaruh Leverage, Ukuran Perusahaan, Pertumbuhan Perusahaan, dan Profitabilitas terhadap Nilai Perusahaan pada Perusahaan Properti. None, 6(3), 254488.
Ukhriyawati, C. F., & Malia, R. (2018). Pengaruh Profitabilitas, Keputusan Investasi dan Kebijakan Hutang Terhadap Nilai Perusahaan. Jurnal BENING Prodi Manajemen Universitas Riau Kepulauan Batam, 5(1).
Yanti, I. G. A. D. N., & Darmayanti, N. P. A. (2019). Pengaruh Profitabilitas, Ukuran Perusahaan, Struktur Modal, dan Likuiditas terhadap Nilai Perusahaan Makanan dan Minuman. E-Jurnal Manajemen Universitas Udayana. https://doi.org/10.24843/ejmunud.2019.v08.i04.p15
Published
2021-06-20
Abstract viewed = 182 times
PDF downloaded = 233 times