scholarly journals The Effect Of Finding Decision , Profitabilityand Dividend Policy To Firm Value Of Consumer Goods Industry At Indonesia Stock Exchange In The Period Of 2012-2016

2019 ◽  
Vol 28 (01) ◽  
pp. 28-43
Author(s):  
Dwi Nur Sahid ◽  
Lis Zulifiati

The purpose of this research is to determine whether the  Funding Decision, Profitability Ratio, and Dividend Policy both individually and simultaneously affect significantly the firm value of the consumer goods industry in the Indonesia Stock Exchange (BEI) period 2012-2016.Funding Decision is represented by using  Debt to Equity Ratio (DER), Profitability is represented by using Return On Equity (ROE), Dividend Policy is represented by using Devidend PayOut Ratio (DPR). By using purposive sampling technique, the sample used in this study amounted to 100 companies from the population of 20 companies and the period of research are 5 years. This causal-comparative research uses panel data with secondary data that collected by using documenting and archiving techniques from Indonesian Capital Market Electronic Library. Multiple regression estimation method from panel data used in this research is Fixed Effect Model. This research shows that Funding Decision (regression coefficient 5,419856), Profitability (regression coefficient -11,14584), and Devidend Policy (regression coefficient 0,468592) individually and silmutaneously affect the stock return of the consumer goods industry sector in the period of 2012-2016 significantly, with the value of Adjusted R2 is 0,940623.

2020 ◽  
Vol 16 (2) ◽  
pp. 57-66
Author(s):  
Regia Rolanta ◽  
Riana R Dewi ◽  
Suhendro

This study aimed to analyze the effect of profitability, leverage, liquidity, company size and dividend policy on firm value in the Consumer Goods Industry Sector Companies listed on the Stock Exchange in 2015-2018. In this study the Company Values measured using the Price to Book Value (PBV). This research method using descriptive analysis. The technique used is purposive sampling technique, so found 14 Consumer Goods Industry Sector Companies listed on the Stock Exchange from 2015 to 2018 period. The analysis used is multiple linear regression analysis. The results of this study showed that the variables of profitability, liquidity, and dividend policy affects the value of the company, while the company size and leverage variables do not affect the value of the company.


2019 ◽  
Vol 8 (5) ◽  
pp. 3028
Author(s):  
Ni Putu Ira Kartika Dewi ◽  
Nyoman Abundanti

The purpose of this study was to determine the effect of  leverage and  firm size on firm value with profitability as intervening variable on consumer goods industry  in the Indonesian Stock Exchange. The population in this study are companies in the consumer goods industry Indonesian Stock Exchange amounted to 46 companies 2014-2017. Sampling technique used was purposive sampling, so that the final sample that is obtained is 21, a company incorporated in consumer goods industry in Indonesian Stock Exchange 2014-2017. Data analysis technique used in this research is path analysis and Sobel test. The result shows that leverage has significant negative effect on profitability  and firm size has significant positive effect on profitability. Leverage, firm size, and profitability have significant positive effect on firm value. Profitability mediates the effect of leverage on firm value significantly and profitability also mediates the effect of firm size  on firm value significantly.


2020 ◽  
Vol 6 (2) ◽  
pp. 137-147
Author(s):  
Annisa Fitri Gea ◽  
Debbi Chyntia Ovami

The company's goal is to implement CSR to have a positive impact on the environment and society as a sense of social responsibility to the environment around the company. Implementation of Corporate Social Responsibility (CSR) will also increase the value of the company. The value of a company will increase if the company pays attention to the economic, social and environmental or environmental dimensions that exist around the company. This study aims to determine the effect of Corporate Social Responsibility (CSR) disclosure on company value in consumer goods industry companies listed on the Indonesia Stock Exchange (BEI) in 2016-2018. The method used in this research is quantitative method. The population in this study were consumer goods industry companies listed on the Indonesia Stock Exchange (BEI) in 2016-2018 totaling 53 companies. The sampling technique uses a purposive sampling method with a sample of 15 companies. Analysis of the data used is simple linear regression analysis. The results of this study indicate that the disclosure of Corporate Social Responsibility (CSR) has a positive and significant effect on firm value with a coefficient of 2169,806 and a significance of 0,000


2021 ◽  
Vol 4 (1) ◽  
pp. 15-27
Author(s):  
Desi eka Ardiani ◽  
Sri Hermuningsih ◽  
Ratih Kusumawardani

Penelitian dilakukan guna menganalisis pengaruh kebijakan dividen, kebijakan hutang, profitabilitas dan kepemilikan manajerial terhadap nilai perusahaan subsektor industri barang konsumsi yang telah terdaftar di Bursa Efek Indonesia tahun 2015-2019. Populasi terdiri dari seluruh perusahaan industri barang konsumsi tahun 2015 hingga 2019. Sampel penelitian ini yaitu 8 perusahaan subsektor industri barang konsumsi dan seri waktu 5 tahun dari 2015 sampai 2019. Data didapatkan melalui laporan keuangan tahunan di Bursa Efek Indonesia (BEI) memakai metode purposive sampling yakni didasarkan pada kriteria tertentu. Metode analisis memakai analisis regresi berganda, asumsi kalsik dan uji hipotesis dengan tingkat memakai program SPSS. Hasil yang telah diselesaikan kebijakan dividen(DPR) berpengaruh positif dan signifikan terhadap nilai perusahaan. Kebijakan hutang(DER) berpengaruh positif dan tidak signifikan terhadap nilai perusahaan. Profitabilitas(ROA) berpengaruh positif dan signifikan terhadap nilai perusahaan. Kepemilikan manajerial(KM) berpengaruh positif dan tidak signifikan terhadap nilai perusahaan. Kemudian bersama-sama kebijakan dividen, kebijakan hutang, profitabilitas dan kepemilikan manajerial berpengaruh terhadap nilai perusahaan. AbstractThis study aims to analyze the effect of dividend policy, debt policy, profitability, and managerial ownership on the value of the consumer goods industry sub-sector companies that have been listed on the Indonesia Stock Exchange in 2015-2019. The population used is all consumer goods industrial companies from 2015 to 2019. The sample of this research is 8 companies in the consumer goods industry subsector and a 5-year time series from 2015 to 2019. Data is obtained from annual financial reports on the Indonesia Stock Exchange (IDX) using a purposive method. sampling that is based on certain criteria. The analytical method used is multiple regression analysis, calcic assumptions, and hypothesis testing using the SPSS program. The results that have been finalized dividend policy (DPR) have a positive and significant effect on firm value. Debt policy (DER) has a positive and insignificant effect on firm value. Profitability (ROA) has a positive and significant effect on firm value. Managerial ownership (KM) has a positive and insignificant effect on firm value. Meanwhile, collectively, dividend policy, debt policy, profitability, and managerial ownership affect firm value.


2020 ◽  
Vol 10 (2) ◽  
pp. 188-197
Author(s):  
Muhammad Hamdani

Study was conducted in the consumer goods industry sector companies listed on the Indonesia Stock Exchange (IDX) in 2015-2018. The aim is to determine the effect of financial performance, dividend policy, and age of the company on the value of the company which is moderated by the size of the company. The sample of 37 companies. The variables used are liquidity, capital structure, profitability, dividend policy, the age of the company to the value of the company with the size of the company as moderation. Results showed that there were influences on financial performance, dividend policy, company age, company size on firm value and company size able to moderate the influence of capital structure, profitability, dividend policy, company age on company value and company size unable to moderate the effect of liquidity on firm value.


Jurnal Ecogen ◽  
2019 ◽  
Vol 2 (4) ◽  
pp. 654
Author(s):  
Tiara Saumy Evant ◽  
Yolandafitri Zulvia

This study aims to examine the effect of profitability, sales growth, and firm size on dividend policy in manufacturing companies in the consumer goods industry sector which are listed on the Indonesia Stock Exchange (IDX). This type of research is associative research. The population in this study is the manufacturing companies in the consumer goods industry sector registered on IDX for the period 2012-2017 with sampling using a purposive sampling technique. Samples were obtained by 16 companies from 42 study populations. Data was obtained from ICMD companies and financial statements of manufacturing companies in the consumer goods industry sector through the IDX website. The data analysis technique used is multiple regression analysis. To test the hypothesis using the t test. The results showed that profitability had a positive and significant effect on dividend policy in the consumer goods industry sector companies on the IDX, while sales growth had a negative and not significant effect on dividend policies in the consumer goods industry sector companies on the IDX. Meanwhile, firm size has a positive and significant influence on dividend policy on consumer goods industry sector companies listed on the IDX.Keywords: profitability, sales growth, firm size, and dividend policy


2021 ◽  
Vol 4 (4) ◽  
pp. 101-105
Author(s):  
Naca Perangin-angin ◽  
Ella Silvana Ginting

This study aims to determine and analyze the effect of firm size, liquidity, leverage and profitability on firm value, either simultaneously or partially in consumer goods industry companies on the Indonesia Stock Exchange (IDX) in the period 2014 to 2017. The population in this study is industrial goods companies. consumption on the Indonesia Stock Exchange (IDX) during the 2014-2017 period, amounting to 45 companies. Sample selection using purposive sampling technique. The number of samples obtained as many as 25 companies. The data analysis method used is panel data regression analysis with the Eviews 8 application. Simultaneously, firm size, liquidity, leverage and profitability have a significant effect on firm value. Partially, firm size, leverage and profitability have a significant effect on firm value, while liquidity has no effect on firm value.


Owner ◽  
2021 ◽  
Vol 5 (1) ◽  
pp. 96-106 ◽  
Author(s):  
Bayu Wulandari ◽  
Albert Albert ◽  
Feren Harianto ◽  
Sovi Sovi

The purpose of this study was to see and test whether the effect of DER, ROE, Sales Growth, NPM, CR, Dividend Policy (DPR) on firm value (PBV) in consumer goods industry sector companies listed on the IDX (Indonesia Stock Exchange) year 2017-2019. This research uses a method with a quantitative descriptive approach. The population obtained was 51 companies listed on the IDX (Indonesia Stock Exchange) from 2017-2019. Samples were taken using the purposive sampling technique. This technique is also often used by other researchers because the samples obtained are closer to the research objectives. The samples obtained were 20 companies. Data analysis used several analyzes, namely multiple linear analysis, the coefficient of determination test, classical assumption test, F test, and t-test. This study shows positive results, that is, if seen partially, this research shows that the DER, ROE, Sales Growth, NPM, CR variables have no effect on the Firm Value variable. Variable Dividend Policy shows that the opposite result and significant effect on the variable value of the company (PBV)  listed on IDX (Indonesia Stock Exchange). Variable DER, ROE, Sales Growth, NPM, CR, Dividend Policy (DPR) simultaneously affect the Company's variable value (PBV) in the company consumer goods listed on IDX (Indonesia Stock Exchange).


2020 ◽  
Vol 20 (2) ◽  
pp. 714
Author(s):  
Selaristi Izdihar ◽  
Suhendro Suhendro ◽  
Rosa Nikmatul Fajri

This study aims to examine and analyze the effect of profitability, lagged dividends, size, and leverage on dividend policy. The population in this study are companies in the consumer goods industry sector which are listed on the Indonesia Stock Exchange (BEI) in 2016-2018. This type of research is quantitative research. Sampling with purposive sampling technique resulted in 19 companies in the consumer goods industry sector in 2016-2018 according to the specified criteria, in order to obtain 57 research data. This study uses multiple linear regression analysis with the SPSS version 23. IMB program. The results of this study concluded that profitability and lagged dividends affect the dividend policy. While size and leverage have no effect on dividend policy.


2021 ◽  
Vol 10 (2) ◽  
pp. 45-61
Author(s):  
Ferdy Prasetya Margono ◽  
Rilla Gantino

The aim of this study is to acquire empirical proof on the impact of firm size, leverage, profitability, and dividend policy on the firm value of the consumer goods industry in the food & beverage sub-sector listed on IDX in 2016-2019. Firm size is calculated by Ln of total sales, leverage is calculated by the Debt to Assets Ratio (DAR), profitability is calculated by Return On Equity (ROE), dividend policy is calculated by Dividend Payout Ratio (DPR), and firm value is calculated by Price to Book Value (PBV). The methodology used purposive sampling. The number of samples used in this research were 10 consumer goods industry companies in the food and beverage sub-sector listed on the IDX during 2016-2019. The data source of this research comes from the company’s yearly financial reports. This research uses a quantitative oncoming with multiple linear regression analysis methods. The resumes of this research found that firm size, leverage, profitability, and dividend policy simultaneously influence firm value; firm size has no impact on company value; leverage has a positive impact on company value; profitability has a positive impact on company value; and dividend policy has a positive impact on company value.


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