Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Vol. 5 No. 12 (2023): Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan

Pengaruh kebijakan dividen, struktur modal, dan Profitabilitas terhadap nilai perusahaan

Syahzuni, Barlia Annis (Unknown)
Muslimah, Bening Dini (Unknown)



Article Info

Publish Date
25 Jul 2023

Abstract

This study aims to examine the effect of dividend policy, capital structure, and profitability on firm value in the health sector listed on the Indonesia Stock Exchange (IDX) during the 2018-2021 period. In this study, the independent variables used, namely dividend policy proxied through Dividend Payout Ratio (DPR), capital structure proxied through Debt to Equity Ratio (DER), and profitability proxied through Return On Assets (ROA), and the dependent variable, namely firm value proxied through Tobin's Q modified. The population in this study were 17 companies and obtained research samples using purposive sampling technique as many as 9 companies for 4 years, resulting in 36 research samples. The data analysis method used is multiple linear regression analysis through the SPSS program. The results showed that the profitability variable had a partial positive effect on firm value, while the dividend policy variable and capital structure had no partial effect on firm value. Implications for investors and companies are expected to pay more attention to the funding used by the company in order to maintain business continuity with the funds owned.

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Journal Info

Abbrev

fairvalue

Publisher

Subject

Economics, Econometrics & Finance

Description

The Aim of this Fair Value : jurnal Ilmiah Akuntansi dan Keuangan is the media for scientific studies resulting from research, thoughts and critical-analysis studies on accounting, financial, Cooperative and SMEs issues in Indonesia and southeast asia especially and also in the world. The intended ...