Effect of Dividend Policy, Funding Decision, Profitability towards Company Value

2020 ◽  
Vol 24 (2) ◽  
pp. 2795-2803
Author(s):  
Avila Sartika Ekadamayanti Soenarto
2013 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
Dian Indriyani ◽  
Tina Sulistiyani

This research was aimed to examine the influence of profitability level, investment decision, funding decision and dividend policy towards company value in companies affiliated in Jakarta Islamic Index (JII) listed in Indonesian Stock Exchange. Population and also research samples was companies that their stocks included in Jakarta Islamic Index (JII) calculation listed in Indonesian Stock Exchange of 2010-2012 periode that had a complete financial statement stated in Rupiah and paying dividend routinely during the research period numbered 6 companies. Dependent variables used i.e. company value (DPR) while its independent variable was profitability level (ROE), investment decision (PER), funding decision (DER) and dividend policy (DPR). This research used a panel data regression test device and classical assumption test. The independent variable influence testing towards dependent variable was performed partially through a statistical t-test. Based on the research result partially using a statistical t-test showed that profitability level, investment decision and dividend policy significantly influenced company value.


2019 ◽  
Vol 8 (2) ◽  
Author(s):  
Dina Patrisia ◽  
Muthia Roza Linda ◽  
Ursa Yulianti

This study aims to analyze the effect of investment decisions, funding decisions, and dividend policy on the value of the company. This research is classified as causative research. The populations in this study are all Manufacturing companies listed on the Stock Exchange in 2012-2016. The sampling technique in this study is using purposive sampling technique with a total sample of 213 samples. The data used is secondary data. The data analysis method used is multiple regression. The results showed that investment decision variables affect the value of the company in a positive direction, funding decisions affect the value of the company in a negative direction, and dividend policy affects the value of the company with a positive direction on Manufacturing companies listed on the IDX. With this research, it is expected that researchers who can further conduct research related to factors that influence the value of the company whose impact is higher than what researchers have met. By using different proxy and data processing methods to produce more accurate data processingKeywords: Investment decisions; funding decisions; dividend policy; company value


BISMA ◽  
2019 ◽  
Vol 13 (1) ◽  
pp. 43
Author(s):  
Febriani Florentin Sinaga

This study aims to analyze the effect of debt policy, dividend policy, and company growth on company value, with profitability as the intervening variable, in the finance companies listed on the Indonesia Stock Exchange (IDX). The population of this study was all finance companies listed on IDX for the period of 2015 and 2016. The purposive sampling method was used in this study with the sample consisted of 12 finance companies. Data used were financial data sourced from the website of IDX. Data were analyzed using path analysis with two equations, i.e., the factors affecting company value and the factors affecting company profitability. Results of the study showed that debt policy, dividend policy, company growth, and profitability have no significant effect on company value. This study also found that debt policy and company growth  have no significant effect on profitability, while dividend policy significantly affects profitability. Keywords : Debt policy, dividend policy, company growth, profitability


Author(s):  
Steven Chen ◽  

This study aimed to find company value which was influenced by company size, profitability, dividend policy, and liquidity in manufacturing companies for the 2016-2019 periods. The population of this research consisted of 52 manufacturing companies. A purposive sampling approach was used to pick 18 companies over four years, yielding a total of 72 samples.The results of this study suggest that the company size (LN) has a partial effect on company value, profitability (NPM)does not have a partial effect on company value, dividend policy (DPR) on company value has no partial effect on company value, and the current ratio that is used to measure liquidity has no partial effect on company value. Then simultaneously LN, DPR, NPM, and Current Ratio affect PER.


2020 ◽  
Vol 9 (11) ◽  
pp. e019119260
Author(s):  
. Silvia ◽  
Nagian Toni

This research aimed to analyze the effect of profitability and capital structure on the Company value with Dividend policy as a moderating variable in consumption companies which registered on the Indonesia Stock Exchange for the 2014-2018 Period. The sample in this research is Consumption Company with food and drink subsector, cigarette, pharmacy, cosmetics, household goods and household appliances. The data collection technique used Purposive Sampling, so it is obtained 15 companies with 5 years of observations to 75 observations. Data analysis tools used SmartPLS 3.0. The analysis results shows that profitability has positive and significant effect on the company value, modal structure has positive and significant effect on the company value, and dividend policy is unable to moderate the effect of capital structure on the company value. The profitability and capital structure can explains the company value of 85,6% while the rest is 14,4% explains by the other variables. The analysis prove that a well-managed capital structure will increase the company's profitability and value, so the capital gains are greater and investors expect capital gains rather than dividends.


Author(s):  
Witya Shalini ◽  
Erlina . ◽  
Prihatin Lumban Raja

This study aims to determine managerial ownership, institutional ownership, liquidity, leverage, and profitability on firm value with dividend policy as a moderating variable. This type of research is explanatory research with a quantitative approach. The population used in this study are property and real estate companies listed on the Indonesia Stock Exchange from 2010 to 2018. The sampling technique uses purposive sampling so that the selected sample is 16 companies. This study uses descriptive statistical data analysis and multiple linear regression analysis. The results of this study indicate that 1). Managerial Ownership, Institutional Ownership, and Liquidity do no effect on Company Value. 2). Leverage has a negative and significant impact on Company Value. 3). Profitability has a positive and significant impact on Company Value. 4). Dividend Policy cannot moderate the effect of the Managerial Ownership relationship on Company Value. 5). Dividend policy can partially influence the relationship of Institutional Ownership, Liquidity, Leverage, and Profitability to Company Value.


2018 ◽  
Vol 14 (1) ◽  
pp. 15
Author(s):  
Astuti Yuli Setyani

This study aims to examine the effect of dividend policy, debt policy and profitability on company's value. The sample in this study were taken by using purposive sampling technique so that the obtained sample of 22 companies 2012-2016. The results of this study indicated that the dividend policy  affect on company's value. Debt policy does not affect on company's value. Profitability affect (ROE) on company's value, while ROA does not affect on company's value.Keywords: Dividend Policy (DPR), Debt Policy (DER), Profitability (ROE), (ROA), Company Value (PER).  ABSTRAK Penelitian ini bertujuan untuk menguji pengaruh kebijakan dividen,kebijakan hutang dan profitabilitas terhadap nilai perusahaan. Sampel dalam penelitian ini diambil dengan menggunakan teknik Purposive Sampling sehingga diperoleh sampel sebanyak 22 perusahaan dari tahun 2012 -2016. Hasil penelitian ini menunjukkan bahwa kebijakan dividen (DPR) berpengaruh terhadap nilai perusahaan. Kebijakan hutang (DER) tidak berpengaruh terhadap nilai perusahaan. Profitabilitas (ROE) berpengaruh terhadap nilai perusahaan sedangkan ROA tidak berpengaruh terhadap nilai perusahaan.Kata kunci: Kebijakan Dividen (DPR), Kebijakan Hutang (DER), Profitabilitas (ROE), (ROE), Nilai Perusahaan (PER).


2020 ◽  
Vol 30 (6) ◽  
pp. 1484
Author(s):  
Nurianah Nurianah ◽  
Muslich Anshori

This study discusses and analyzes the Ownership Structure, External Factors, Internal Against Capital Structure, Dividends and Company Value. The population used in this study is companies listed on the Indonesia Stock Exchange using 37 companies. The data used are from 2010 to 2019, this study uses descriptive statistical analysis and inference with Structural Equation Modeling (SEM). The analysis shows: ownership structure does not oppose capital structure, dividend policy, and firm value, external factors affect internal factors, external factors do not oppose capital structure, external factors do not significantly influence firm value, internal factors related to capital structure, factors internal does not oppose dividend policy, internal factors oppose company value, capital structure opposes dividend policy, dividend policy has no effect on capital structure, capital structure is related to company value, and dividend policy is related to company value. Keywords: Ownership Structure; External and Internal Factors; Dividend Policy; Manufacture.


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