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Journal : Studi Ekonomi dan Kebijakan Publik

Analisis Kebijakan Investasi, Kebijakan Hutang, Kebijakan Dividen dan Nilai Perusahaan Sektor Energi Febriana, Silfani Ajeng; Koesoemasari, Dian S.P.; Nirmala, Nirmala
Studi Ekonomi dan Kebijakan Publik Vol. 3 No. 1 (2024): Juli
Publisher : Penerbit Goodwood

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/sekp.v3i1.3382

Abstract

Purpose: This research aims to partially analyze the influence of investment policy, debt policy and dividend policy on firm value in energy sector companies listed on the IDX for the 2018-2022 period. Methodology: This research uses quantitative methods. The population in this research was 75 companies. The sample was obtained using a purposive sampling technique of 14 companies. The data used in this research is secondary data from energy sector companies listed on the Indonesian Stock Exchange in 2018-2022, the amount of data is 70. The analytical tool used in this research is panel data regression with the help of E-views 12 software. Results: The results of this study show that investment policy and dividend policy have a positive significant effect on firm value, while debt policy does not have a significant effect on firm value. Limitations: The limitation of this research is that the value of the coefficient of determination (R²) is only 62.05%, which is still relatively low because it is below 80%. Besides that, there is one hypothesis that can not be proven, namely the debt policy variable. Contribution: This research can be used as consideration for investors before investing because the three company policies, namely investment policy, debt policy and dividend policy can provide an overview of the firm's condition.
Co-Authors Abednego Dwi Septiadi Abidah, Husna Adnan Sauddin Afreni Hamidah Alisma, Alisma Anattri, Lega Anggraeni, Evitri Anggraini, Debie Anhar, Muhammad Anshori, Abdurrahman Ardi Mustakim Arfina, Nabila Arinastuti Arinastuti Astuti, Lutfia Andi Aulia, Firdatul Izza Cahyo, Heru Dea Ananda Dewi, Anita Candra Dian Widyaningrum, Dian Emilia, Esi EVA FARIDAH Fatmawati, Wa Ode Faturrahman, Muh. Ekzah Febriana, Silfani Ajeng Ferlian, Nesti Fitri Rahmawati Fitriah Fitriah Galingga, Galingga Hanifa, Zulfa Nur Hanu, La Harsuti, Harsuti Hasana , Uswatul Herlina, Santi Huzain Azis Ida Usman Indah, Lidya Sri Ratu Irmayanti Ishak , Ishak Jaelan Usman, Jaelan Jufri Karim Karimuna, Siti Rabbani Koesoemasari, Dian S.P. La Ode Nggawu Lestari, Dita Lestari, Herwiek Diyah Luluk Humairo Pimada Ma'ruf, Adnan Maralo Sinaga Marola, Mutmaina Kasandra Maulina Maulina, Maulina Muhammad Ilyas Muhammad Sarlin Mulyadi, Elvaro Islami Nensilianti Nensilianti Nur Hasanah Nur, Arifuddin Nurainun Nurainun Nure khun rikhte husaini Pangestu, Julianteri Kevin Tabah Patmaniar, Patmaniar Prianggada Indra Tanaya Purnawansyah Purnawansyah Qhesya Septian Rahma Triyana Rahmat abidin, Andi Rais.TM, Ahmad Ramadani, Rahma Ramadani, Safitrah Rassy, Regania Pasca Rusli, Tri Indah S, Hasfikin Saddam Husein Salam, Nur Aprilia Mutiara ST JUMAEDA Suarni Syam Saguni, Suarni Syam Sulistiawati, Naqiyyah Aulia SUMARNI Suraidah Suraidah, Suraidah Syah, Fahmi SYAMSU ALAM Syarifaturrahmatullah, Syarifaturrahmatullah Tambunan, Renike Usman, Edi Wahidah Alwi Wahyudi, Rizat WINDRA, WINDRA Wiyatun, Fatasya Yani, Indra Zurweni Zurweni