scholarly journals The Effect of Profitability on Dividend Policy and Firm Value: A Case Study of Indonesian Manufacturing Company

2021 ◽  
Vol 07 (08) ◽  
pp. 70-76
Author(s):  
Bambang Widjanarko Susilo ◽  
Grahita Chandrarin ◽  
Prihat Asih
Keyword(s):  
Firm Value ◽  
Dividend Policy ◽  
Manufacturing Company

scholarly journals THE IMPACT OF DIVIDEND POLICY AND CAPITAL STRUCTURE ON FIRM VALUE IN AGRICULTURAL SECTOR

2021 ◽  
Vol 11 (1) ◽  
pp. 1-20
Author(s):  
Senny Luckyardi ◽  
Kamelia Agustini ◽  
Nugraha Nugraha ◽  
Maya Sari
Keyword(s):  
Capital Structure ◽  
Firm Value ◽  
Dividend Policy ◽  
Agricultural Sector ◽  
Stock Exchange ◽  
Verification Method ◽  
Company Value ◽  
Equity Ratio ◽  
The Impact

This study aims to determine the effect of Dividend Policy and Capital Structure on Agricultural Sector’s Company Value. The research method used in this study is verification method with quantitative approach. The case study was conducted on agricultural sector companies listed on the Indonesia Stock Exchange in 2015-2019. The sample used is Price Book Value (PBV) and Debt to Equity Ratio (DER) in 14 agricultural sector companies obtained from Financial Statements published on the Indonesia Stock Exchange website: www.idx.co.id for the period 2015-2019. The results showed that the variables of Dividend Policy and Capital Structure had a negative and not significant effect on company value.

scholarly journals FAKTOR YANG MEMENGARUHI NILAI PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI

2019 ◽  
Vol 3 (2) ◽  
pp. 331
Author(s):  
Lukman Surjadi
Keyword(s):  
Firm Value ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Purposive Sampling ◽  
Manufacturing Company ◽  
Negative Effect ◽  
Positive Effect ◽  
Data Result

Tujuan dilakukannya penelitian ini yaitu untuk menganalisa pengaruh dari Leverage, Profitability, dan kebijakan dividen terhadap nilai perusahaan secara signifikan atau tidak. Populasi yang digunakan pada penelitian ini adalah perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia pada periode 2015-2017. Teknik yang digunakan dalam pengumpulan sampel yakni purposive sampling, dengan sampel sebanyak 34 perusahaan dan 102 data perusahaan. Hasil penelitian yang diperoleh yaitu Leverage dan kebijakan deviden memiliki pengaruh positif terhadap nilai perusahaan, Profitability memiliki pengaruh negatif terhadap nilai perusahaan. The purpose of this research is to analyze the effect of board of Leverage, Profitability, and dividend policy on firm value significant or not. Population used in this research are manufacturing company listed in Indonesian Stock Exchange on period 2015-2017. The technique used in collecting samples that is purposive sampling, with a sample of 34 companies and 102 company data. Result of research obtained are Leverage and dividend policy have positive effect to firm value, Profitability have negative effect to firm value.  

scholarly journals PENGARUH KEBIJAKAN DIVIDEN DAN DAN PERTUMBUHAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DI BEI

2015 ◽  
Vol 2 (2) ◽  
Author(s):  
Rina Yuniarti
Keyword(s):  
Key Words ◽  
Firm Value ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Manufacturing Company

Rina Yuniarti; This study aimed to determine the effect of dividend policy, the company's growth to firms value. The populationin this study is the manufacturing company listed of the Indonesia Stock Exchange (BEI) in the year from 2006 to 2010.The hipotesis of this study were tested by exploring multiple regresi and technical regression nalysis SPSS 18. This study faund that dividen policy and company’s growth positive infemence firm value. Key words: dividend policy, the company’s growth and firm value

scholarly journals The influence of corporate governance on firm value: a case study in Indonesian manufacturing industries

2021 ◽  
Vol 14 (1) ◽  
pp. 15-26
Author(s):  
Werner Ria Murhadi
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Firm Value ◽  
Audit Committee ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Free Cash Flow ◽  
Manufacturing Industries ◽  
Research Approach

This study aims to determine the effect of corporate governance on financial performance and financial performance on dividend policy, then examining the effect of financial performance and dividend policy on firm value. The research approach is quantitative with panel data type. The sample are companies listed in the manufacturing industries on the Indonesia Stock Exchange. This study found that independent commissioners' existence does not affect financial performance. The size of the board of commissioners, audit committee members, and the number of board meetings do not affect financial performance. The study also found that financial performance and free cash flow affect the company's dividend policy. Finally, the results show that financial performance affects firm value while dividend policy does not affect it. These results have theoretical implications for supporting agency theory. The independent commissioners will reduce conflict and thus improve the financial performance.

scholarly journals Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Variabel Moderating

2019 ◽  
Vol 6 (01) ◽  
Author(s):  
Rutin Rutin ◽  
Triyonowati Triyonowati ◽  
Djawoto Djawoto
Keyword(s):  
Regression Analysis ◽  
Firm Value ◽  
Dividend Policy ◽  
Jel Classification ◽  
Manufacturing Companies ◽  
Purposive Sampling ◽  
Company Value ◽  
Manufacturing Company

ABSTRACT Company value is generally applied to measurea company’s management for further successful operations. This study aimed to investigate the effect of liquidity (CR), leverage (DER), activity (TATO), profitability (ROA) and dividend policy (DPR) on the company value (PBV). Therefore, this study observed 66 manufacturing companies as samples that were obtained through purposive sampling. The data was analyzed using classic assumption test Moderated Regression Analysis (MRA) assisted with SPSS 20 for windows. As the result, this study indicated that the liquidity and activity had no significant effect on firm value; however, the leverage and profitability had a significant effect on the manufacturing company values in the period of 2013 to 2017. In addition, thedividend policy moderated the effect of liquidity and profitability on firm value; but the dividend policy could not moderate the influence of leverage and activity to the value of manufacturing companies in the period of 2013 to 2017. ABSTRAK Nilai perusahaan dijadikan sebagai suatu ukuran keberhasilan manajemen perusahaan dalam prospek operasi di masa mendatang. Tujuan penelitian ini yaitu untuk mengetahui signifikansi pengaruh Likuiditas (CR), Leverage (DER), Aktivitas (TATO), Profitabilitas (ROA) dan Kebijakan Dividen (DPR) terhadap Nilai Perusahaan (PBV). Teknik penentuan sampel yang digunakan adalah purposive sampling, sebanyak 66 perusahaan Manufaktur yang menjadi sampel penelitian. Teknik analisa data yang digunakan adalah uji asumsi klasik dan Moderated Regression Analisys (MRA) dengan bantuan SPSS 20 for windows. Hasil penelitian menunjukkan Likuiditas dan Aktivitas berpengaruh tidak signifikan terhadap nilai perusahaan, sedangkan Leverage dan Profitabilitas berpengaruh signifikan terhadap Nilai Perusahaan Manufaktur periode 2013- 2017. Kebijakan Dividen memoderasi pengaruh Likuiditas dan profitabilitas terhadap nilai perusahaan, sedangkan KebijakanDividen tidak mampu memoderasi pengaruh Leverage dan Aktivitas terhadap Nilai Perusahaan Manufaktur periode 2013-2017. JEL Classification: M41, O16

scholarly journals PENGARUH STRUKTUR KEPEMILIKAN MANAJERIAL PADA NILAI PERUSAHAAN DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL INTERVENING

2019 ◽  
Vol 1 (1) ◽  
pp. 1-23
Author(s):  
Kadek Dewi Padnyawati ◽  
Ni Putu Ayu Kusumawati
Keyword(s):  
Regression Analysis ◽  
Ownership Structure ◽  
Firm Value ◽  
Dividend Policy ◽  
Participant Observation ◽  
Managerial Ownership ◽  
Manufacturing Companies ◽  
Analysis Techniques ◽  
Dividend Payments

The purpose of this study was to determine the effect of managerial ownership structure on firm value with dividend policy as an intervening variable (case study on manufacturing companies on the IDX for the period 2014-2016). The number of samples taken was 42 manufacturing companies. Data collection is done through non-participant observation. Multiple regression analysis techniques and path analysis. Based on the results of the analysis it was found that the managerial ownership structure had a positive and significant effect on firm value. Managerial ownership structure has a positive and significant effect on dividend policy. Dividend policy has a positive and significant effect on firm value. This result supports Signaling theory, that dividend payments are a signal to the market, so dividend payments can increase market appreciation for the company's shares. Then there is an indirect effect of managerial ownership structure on the value of company with dividend policy as an intervening variable. This proves that dividend policy is an intervening variable that connects managerial ownership structure with firm value.

scholarly journals Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Variabel Moderating

2019 ◽  
Vol 6 (01) ◽  
Author(s):  
Rutin Rutin ◽  
Triyonowati Triyonowati ◽  
Djawoto Djawoto
Keyword(s):  
Regression Analysis ◽  
Firm Value ◽  
Dividend Policy ◽  
Jel Classification ◽  
Manufacturing Companies ◽  
Purposive Sampling ◽  
Company Value ◽  
Manufacturing Company

ABSTRACT Company value is generally applied to measurea company’s management for further successful operations. This study aimed to investigate the effect of liquidity (CR), leverage (DER), activity (TATO), profitability (ROA) and dividend policy (DPR) on the company value (PBV). Therefore, this study observed 66 manufacturing companies as samples that were obtained through purposive sampling. The data was analyzed using classic assumption test Moderated Regression Analysis (MRA) assisted with SPSS 20 for windows. As the result, this study indicated that the liquidity and activity had no significant effect on firm value; however, the leverage and profitability had a significant effect on the manufacturing company values in the period of 2013 to 2017. In addition, thedividend policy moderated the effect of liquidity and profitability on firm value; but the dividend policy could not moderate the influence of leverage and activity to the value of manufacturing companies in the period of 2013 to 2017. ABSTRAK Nilai perusahaan dijadikan sebagai suatu ukuran keberhasilan manajemen perusahaan dalam prospek operasi di masa mendatang. Tujuan penelitian ini yaitu untuk mengetahui signifikansi pengaruh Likuiditas (CR), Leverage (DER), Aktivitas (TATO), Profitabilitas (ROA) dan Kebijakan Dividen (DPR) terhadap Nilai Perusahaan (PBV). Teknik penentuan sampel yang digunakan adalah purposive sampling, sebanyak 66 perusahaan Manufaktur yang menjadi sampel penelitian. Teknik analisa data yang digunakan adalah uji asumsi klasik dan Moderated Regression Analisys (MRA) dengan bantuan SPSS 20 for windows. Hasil penelitian menunjukkan Likuiditas dan Aktivitas berpengaruh tidak signifikan terhadap nilai perusahaan, sedangkan Leverage dan Profitabilitas berpengaruh signifikan terhadap Nilai Perusahaan Manufaktur periode 2013- 2017. Kebijakan Dividen memoderasi pengaruh Likuiditas dan profitabilitas terhadap nilai perusahaan, sedangkan KebijakanDividen tidak mampu memoderasi pengaruh Leverage dan Aktivitas terhadap Nilai Perusahaan Manufaktur periode 2013-2017. JEL Classification: M41, O16

Pengaruh Keputusan Investasi, Kebijakan Hutang Dan Kebijakan Dividen Terhadap Nilai Perusahaan

2019 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Ivan Somantri ◽  
Hadi Ahmad Sukardi
Keyword(s):  
Firm Value ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Investment Decisions ◽  
Sampling Technique ◽  
Mining Sector ◽  
Dividend Policies ◽  
Negative Effect ◽  
Debt Policy ◽  
Debt Policies

This study aims to determine how to influence simultaneously and partially investment decisions, debt policy and dividend policy on firm value in mining sector companies listed on the Indonesia Stock Exchange for the period 2013-2017. The research method used in this study is descriptive and associative methods. The population in this study were mining sector companies listed on the Indonesia Stock Exchange in the period 2013-2017, which amounted to 43 companies. The sampling technique used in this study is non probability sampling with purposive sampling method, so that the number of samples obtained is 8 companies. While the data analysis used in this study is panel data regression analysis with the fixed effect method. The results of the study show that partially investment decisions and debt policies have a positive effect on firm value. While dividend policy has a negative effect on firm value. In addition, the results of the study simultaneously show that investment decisions, debt policies and dividend policies affect the value of the company. The amount of investment decisions, debt policy and dividend policy in contributing influence to earnings management is 34.14%.

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