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

Abstract

The purposes of the study was to determine the effect of capital structure , firm size, profitability and dividen policy on the company value. This serearch was in automotive companies listed on the indonesia stock exchange in 2012-2016. The data used secondary data with annual financial statement. Quantitative and qualitative data analysis methods used SPSS as measuring tool. Data analysis techniques used simultaneous tests and partial tests on the annual financial statements of automotive companies listed on the Indonesia stock exchange. The result of the study partially addressed the capital structure variables and firm size had a significant positive effect on the value of the company and profitability variables and dividend policy did not effect the value of the company while simultaneous testing of capital structure variable ,firm size , profitability and dividend policy had a significant effect on company value.

The Influence of Net Profit Margin, Current Ratio and Debt to Equity Ratio on Company Value With Dividend Policy as an Intervening Variable in Retail Subsector Companies for the 2012-2019 Period

“…So it can be concluded that t count < t table (0.564 < 1.98238) and significance > 0.05 (0.574 > 0.05) which means Ha is rejected or the Earnings Per Share variable has no positive effect on Price Earnings Ratio. The results of this study are in line with the results of previous research conducted by (Zuraida, 2019) which states that there is no significant effect between dividend policy on firm value.…”

“…Previous research conducted by Ekaprastyana, et al, (2017) which states that dividend policy has an effect on firm value. However, this is in contrast to research conducted by Zuraida (2019) which states that dividend policy has no effect on firm value.…”

“…According to the results of previous research conducted by Ekaprastyana (2017) which states that there is a significant influence between dividend policy on firm value. However, it is inversely proportional to the research conducted by Zuraida (2019) which states that there is no significant effect between dividend policy on firm value. Thus, the following hypothesis can be formulated: H8: dividend policy has an effect on firm value…”

Pengaruh Modal Intelektual, Kinerja Keuangan, Struktur Modal, Kebijakan Dividen Dan Kepemilikan Institusional Terhadap Nilai Perusahaan (Studi Pada Perusahaan Perbankan yang Terdaftardi Bursa Efek Indonesia Periode Tahun 2013-2020)

“…Penelitian terdahulu mengenai kebijakan dividen antara lain, Febriana dkk (2016), Mayogi dan Fidiana (2016), serta Hernomo (2017), yang menemukan bahwa kebijakan dividen berpengaruh positif terhadap nilai perusahaan. Berbeda dengan penelitian yang dilakukan oleh Siregar dkk (2019), Zuraida (2019) yang menemukan bahwa kebijakan dividen tidak berpengaruh terhadap nilai perusahaan.…”

Analisis Faktor-Faktor Yang Mempengaruhi Nilai Perusahaan

“…Perusahaan memerlukan kebutuhan modal yang sangat besar, agar dapat memenuhi pencapaian tujuan perusahaan. Pemenuhan dana perusahaan tersebut merupakan salah satu masalah untuk perusahaan dan memerlukan investasi yang besar, karena berkaitan langsung dengan beberapa pihak yaitu pemegang saham, kreditur, dan pihak manajemen perusahaan (Zuraida, 2019).…”