Claim Missing Document
Check
Articles

Found 1 Documents
Search

Pengaruh Kebijakan Investasi, Kebijakan Dividen, dan Profitabilitas terhadap Nilai Perusahaan pada Perusahaan Sektor Perbankan di Bursa Efek Indonesia (BEI) Periode 2021-2023 Ni Putu Emy Juniarti; Komang Asri Pratiwi; I Nyoman Wahyu Widiana
Mutiara: Jurnal Ilmiah Multidisiplin Indonesia Vol. 2 No. 3 (2024): JIMI - JULI
Publisher : PT. PENERBIT TIGA MUTIARA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61404/jimi.v2i3.277

Abstract

The rapid development of globalization compels companies to enhance the quality of their products and services to compete in the market. The primary goal of companies is to maximize corporate value, which reflects the well-being of shareholders and attracts investors’ interest. Corporate value is often gauged by the stock price in the capital market, making it crucial for companies to plan sound financial strategies. This research focuses on the banking sector listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023, evaluating the influence of investment policy, dividend policy, and profitability on corporate value. The study employs a descriptive quantitative method using secondary data from the companies’ financial reports. Multiple linear regression analysis is used to assess the relationships between these variables. The results indicate that investment policy and profitability have a positive but not significant effect on corporate value, while dividend policy has a significant positive impact. Corporate value is also affected by stock price fluctuations, which are often inconsistent. These findings affirm that dividend policy is a crucial factor in enhancing corporate value, while investment policy and profitability, although important, do not have a significant impact within the study period. Overall, these independent variables collectively have a significant influence on corporate value in the banking sector on the IDX. This research provides insights for company management in formulating effective strategies to increase corporate value.