Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Vol. 4 No. 1 (2023): Dinasti International Journal of Economics, Finance & Accounting (March-April 2

Determinants of Market Capitalization with Pofitability and Dividend Policy as Intervening Variables of State Owned Banks

Budi Artha, I Wayan (Unknown)
Tri Widyastuti (Unknown)
Irvandi Gustari (Unknown)
Zulkifli (Unknown)
Bambang Purwoko (Unknown)



Article Info

Publish Date
07 Mar 2023

Abstract

The purpose of this study is to analyze and empirically prove the influence of the company's external and internal factors of market capitalization with profitability and dividend policy as intervening variables of State Owned Banks. The research period of 2011-2020, with the sampling technique is saturated sampling, in which all members of the population are used as samples. The analytical tool used is Structural Equation Modeling (SEM) supported by AMOS software. The results of the study show that the market capitalization of State Owned Banks is influenced by profitability, dividend policy, economic growth, BOPO and Loan at Risk (LAR). LAR besides having an effect on market capitalization, also has a direct effect on profitability and dividend policy. It is hoped that the results of this study can provide input for banks in maximizing the steps that must be taken to improve the company's performance and market capitalization.

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Journal Info

Abbrev

DIJEFA

Publisher

Subject

Economics, Econometrics & Finance

Description

The author is invited to submit a paper for Dinasti International Journal of Economics, Finance & Accounting (DIJEFA). Topics related to this journal include but are not limited to: Accounting and financial reporting Audit Accounting management Taxation Corporate finance Personal finance Financial ...