International Journal of Public Budgeting, Accounting and Finance
Vol 2 No 2 (2019): Journal of Public Budgeting, Accounting and Finance

FACTORS AFFECTING COMPANY VALUE WITH DIVIDEND POLICY AS A VARIABLE MODERATING IN MANUFACTURING COMPANIES CONSUMPTION GOODS INDUSTRIAL SECTOR IN INDONESIA STOCK EXCHANGE

Siregar, Wahyu Nanda Pratama (Unknown)



Article Info

Publish Date
09 Jul 2019

Abstract

This reasearch is for examine and analyze the effect of debt policy, invesment decision, free cash flow, profitability, and liquidity to the company value partially and simultantly in consumer goods industry company listed in Bursa Efek Indonesia (Indonesia Stocks Exchange). And to examine and analyze dividend policy ability moderate the correlation between the variables of debt policy, invesment decision, free cash flow, profitability, and liquidity to the company value partially and simultantly in consumer goods industry company listed in indonesia Stocks Exchange. Population in this reaseacrh is goods industry company listed in Bursa Efek indonesia in 2012-2016. from 34 companies as the population, 11 companies are gotten as the sample by purposive sampling. Analyzing methode that is used in this reasearch is analysis of  double linear regresion and residual test.The test result of first hypotheses simultantly shows that debt policy (DER), invesment decision (TAG), free cash flow (FCF), profitability (ROA), and liquidity (CR) affect significantly to the company value. And partially shows that variable of debt policy (DER), and profitability (ROA) affect positive significantly to company value. However, variable of invesment decision (TAG), free cash flow (FCF) and liquidity (CR) partially don’t affect to company value. The test result of second hypotheses shows that dividend policy (DPR) doesn’t able to moderate the correlation between debt policy (DER), invesment decision (TAG), free cash flow (FCF), profitability (ROA), and liquidity (CR) to the company value in consumer goods industry company listed in indonesia Stocks Exchange in 2012-2016.

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Journal Info

Abbrev

ijpbaf

Publisher

Subject

Economics, Econometrics & Finance

Description

The International Journal of Public Budgeting, Accounting and Finance (IJPBAF) publishes original research in all areas that utilizes tools from basic disciplines such as economics, statistics, psychology, social and sociology. This research typically uses analytical, empirical archival, ...