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Journal : Journal Of World Science

The Dividend Policy Moderates the Influence of Liquidity, Solvability, Profitability, and Sales Growth on the Company's Value Kasmawati, Kasmawati; Budiyanto, Budiyanto; Agustedi, Agustedi
Journal of World Science Vol. 2 No. 10 (2023): Journal of World Science
Publisher : Riviera Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58344/jws.v2i10.428

Abstract

This research aims to determine and analyze dividend policy moderating the influence of Liquidity, solvability, profitability, and sales growth on company value. The method used in this research is the research approach used, namely positivist (quantitative). The population in this research is all food and beverage subsector companies in 2019 - 2021, totaling 71 companies listed on the Indonesia Stock Exchange. Based on the research results, it can be concluded that Liquidity significantly affects company value, confirming the acceptance of the research hypothesis regarding the influence of Liquidity. solvability does not significantly affect company value, so the hypothesis related to solvability is not accepted. Profitability significantly affects company value, supporting the hypothesis of the influence of profitability. Sales growth significantly affects company value, confirming the sales growth hypothesis. Dividend policy moderates the effect of Liquidity on firm value, confirming the acceptance of the liquidity-related moderation hypothesis. The dividend policy cannot moderate solvability on company value, so the moderation hypothesis related to solvability is rejected. A dividend policy can moderate the effect of profitability on firm value, supporting the moderation hypothesis related to profitability. Dividend policy moderates the effect of sales growth on firm value, confirming the acceptance of the moderation hypothesis regarding sales growth.
Co-Authors A.B Takko, Bandung Addelia, Reza Adnan Saputra Agusalim, Agusalim Agustedi, Agustedi Ahmad Ahmad Ahmad Zazili Ananta, Muh. Yayang Anas Ahmadi Andi Rahmaeni Andrianata, Artanti Fitria Hassya Anidi, Anidi Antaria, Sukmasari Ardi, Ridwan Astati, Astati Aulia Putri, Cut Widy B, Ahmad Nurul Ihsan B.S. Maturbongs, Winona Raissa Budiyanto Budiyanto Chairan Zibar L. Parisu Damayanti Damayanti Darni Darni Darusman Usmana, Resa Dwiyatmi Sulasminah, Dwiyatmi Ekadayanti, Waode Elly Nurlaili Eni Sumanti Nasution Erwin Eka Saputra Faizal Faizal, Faizal Fajar, Ulul Al Farhan Firdaus, Muhammad Fauziah Nasution Fitri, Umi Gaffar, Farida Gobel, Sri Yunanci V Hadi Hidayat Hamzah Hamzah Harikedua, Vera Tasentimbang Harisal, Harisal Hentihu, Vivi Rahim Hery Widijanto Husain, Itsnain Alfajri Ilyas Ilyas Indriyanti Indriyanti, Indriyanti Irsan Irsan Isha, Indah Fadhilah Ismi, Yaqfiru Ala Jaharuddin, A. Alfandy Juwairiyah, Arna Karim, Nenny Khafifa, Khafifa Khasanah, Dicha Ummi L, Mesis L. Parisu, Chairan Zibar Lasisi, Lasisi Latifa, Ammang Leni, Mesis Lestari, Suci Ayu Listiani, Dewi Loilatu, Siti Hajar M. Sehol Mangesa, Rosita Marlinda Marlinda Marupah, Marupah Mediarta, Gde Ananta Yuga Mukadar, Suraya Mukhlis Muslimin Muliati Muliati, Muliati Munira, Hasjim Mustika, Dora Musyarafah, A. Hesty Nanda, Abd. Rakhim Nenny, Nenny Noyo, Irfandi A. Nur, Rafiah Nurhasanah Siregar . Nurleha, Siti Nurnawaty, Nurnawaty Nursaidah Nursaidah, Nursaidah Octaviana Maliza, Noer Parisu, Chairan Zibar L Parisu, Chairan Zibar L. Permatasari, Sri Jumiaty Primadi, Lingga R Dahlan, Rosmida Rahmat, Marzuki Rahmatullah Syaripuddin Rahmawati, Rahmawati Ramadhan, Harsa Wahyu Rasyid, Asriadi Raznilawati Z Rizki Agam Syahputra Safitriyawi, Roja Said, Awayundu Samir, Yulia Gita Sentia, Prima Denny Septiani, Andi Rini Simangunsong, Sampson Trimein Siregar, Meilita Siregar, Sri Utami Kholilla Mora Sisi, La Sofiyanurriyanti Sriyani Sriyani, Sriyani Sudikan, Setya Yuwana Sumarsono, Adi Sunaryo Sunaryo Suryaningsih, Ita Syahrul Syahrul Tajuddin, Maknun Taqdir Taqdir Tongeng, Andi Bunga Ulfah, Tya Usman, Ashari Wahyunengsih, Dwi wahyuni wahyuni Wangsa, Fithriyah Arief Wardani, Novia Natasya Yusril Yusril