Jurnal Mandiri
Vol 6 No 2: Desember 2022

The Influence of Dividend Policy and Debt Policy on Company Value at PT Arwana Citramulia Tbk Period 2010-2019

Siti Nur'aidawati (Fakultas Ekonomi dan Bisnis, Universitas Pamulang)
Ifa Nurmasari (Fakultas Ekonomi dan Bisnis, Universitas Pamulang)



Article Info

Publish Date
22 Dec 2022

Abstract

This study aims to determine the effect of dividend policy and debt policy on firm value. The method used in this study is a quantitative research method. The population in this study is the financial statements of PT Arwana Citramulia Tbk in 2010-2019. The samples in this study are financial statements, income statements notes to financial statements, and stock price reports. The results of the study show that dividend policy has a significant effect on firm value where the value of t count |-2.453| > t table 2.365 and sig value 0.044 < 0.05 and debt policy affects the firm value where the value of t count |-3.821| > t table 2.36462 and sig value 0.007 < 0.05. Meanwhile, simultaneously dividend policy and debt policy have a significant effect on firm value with a value of F count 7.967> F table 4.74 with a sig value of 0.016 <0.05. an adjusted R Square value of 60.8% means that the value of the company is influenced by the independent variable and the remaining 39.2% is influenced by other variables not examined in this study.

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Journal Info

Abbrev

mandiri

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

JURNAL MANDIRI: Ilmu Pengetahuan, Seni, dan Teknologi (P-ISSN: 2580-3220 and E-ISSN: 2580-4588) was published by Lembaga Kajian Demokrasi dan Pemberdayaan Masyarakat (LKD-PM). This journal is an Indonesian-based open access peer-reviewed journal that is official twice a year (June and December). ...