Journal of International Conference Proceedings
Vol 1, No 2 (2018): Proceedings of the 2nd International Conference of Project Management (ICPM) Gor

Funding Decision and Dividend Policy and Its Implications on Firm Value Through Profitability

Sitti Murniati (STIE Wira Bhakti Makassar)



Article Info

Publish Date
21 Dec 2018

Abstract

The purpose of this study is to analysis funding decision and dividend policy and its implications on firm value through profitability in Manufacturing companies listed on the Indonesia Stock Exchange. This research method is explanatory research with data collection carried out through documentation techniques in the form of company financial statements for 5 years, the period of 2012 to 2016 with the type of data pooling research which is a combination of time series data and cross section. Research subjects are Manufacturing companies listed on the Indonesia Stock Exchange. Data analysis techniques in this study used Path Analysis with SPSS Version 21. The results of this study indicate that 1) the direct effect of funding decision on profitability is insignificant while the direct effect of dividend policy on firm value is significant 2) the direct effect of funding decision and dividend policy on firm value is insignificant while the direct effect of profitability on firm value is significant , and 3) indirectly funding decision through profitability have an insignificant influence on firm value and indirectly dividend policy through profitability has a significant influence on firm value. Keywords: Funding Decision, Dividend Policy, Profitability and Firm Value

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Journal Info

Abbrev

JICP

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Electrical & Electronics Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media

Description

JICP is proceedings series that aims to publish proceedings from conferences, in the fields of economics, business, and management research. All proceedings in this website are open access, which means the published articles are permanently free to read, download, copy, and distribute. The online ...