Ilomata International Journal of Management
Vol 4 No 4 (2023): October 2023

The Effect of Profitability, Liquidity, Leverage, Dividend Policy and Foreign Ownership on Firm Value

Refika Nadia (Bengkulu University)
Pratana Puspa Midiastuty (Bengkulu University)
Eddy Suranta (Bengkulu University)
Danang Adi Putra (Bengkulu University)



Article Info

Publish Date
22 Nov 2023

Abstract

This research aims to empirically test the influence of profitability, liquidity, leverage, dividend policy and foreign ownership on firm value. The sample used in this research is manufacturing companies listed on the Indonesia Stock Exchange with a research period of 2018-2022. The sampling technique used a purposive sampling method with predetermined criteria there were 55 observations. The research results provide empirical evidence that leverage and foreign ownership have a positive and significant effect on firm value, while profitability, liquidity and dividend policy have no effect on firm value. This research provides implications for capital structure theory which states that the use of higher leverage will increase firm value and also provides implications for agency theory in explaining the relationship between foreign ownership and firm value and provides implications for signal theory in explaining the relationship between profitability and dividend policy on firm value.

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Journal Info

Abbrev

ijjm

Publisher

Subject

Social Sciences

Description

The analysis of this study aims to determine whether recruitment positive and significant effect on the performance of employees in the Manufacturing Company. To know able to moderate recruitment monitoring the performance of employees in the Manufacturing Company. Data analysis technique used is ...