Indonesian Journal of Business Analytics (IJBA)
Vol. 3 No. 1 (2023): February 2023

The Effect of Profitability on Firm Value Moderated by Dividend Policy (Empirical Study of IDX High Dividend Companies 20 Years 2019-2021)

Utari Setia Pratiwi (Universitas Muhammadiyah Purwokerto)
Hadi Pramono (Universitas Muhammadiyah Purwokerto)
Novi Dirgantari (Universitas Muhammadiyah Purwokerto)
Slamet Eko Budi Santoso (Universitas Muhammadiyah Purwokerto)



Article Info

Publish Date
28 Feb 2023

Abstract

This research aims to examine the effect of Profitability on Firm Value with Dividend Policy as a Moderating Variable in 20 High Dividend Companies listed on the Indonesia Stock Exchange in 2019-2021. The method used for sampling in this research is by using a purposive sampling technique, obtained as many as 19 data that meet the sample criteria. The data analysis method used in this research is Moderated Regression Analysis. The results of this research prove that Profitability has no effect on Firm Value. However, the Dividend Policy variable can moderate in this case strengthening the influence of Profitability on Firm Value.

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Journal Info

Abbrev

ijba

Publisher

Subject

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

Description

Indonesian Journal of Business Analytics (IJBA) is a peer-reviewed journal providing a space for both practitioners and academics for disseminating research results that work in Business Analytics and related fields. IJBA provides an outlet for the increasing flow of interdisciplinary research ...