Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Vol. 6 No. 5 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah

Pengaruh Kebijakan Dividen, Profitabilitas, Likuiditas dan Struktur Modal terhadap Nilai Perusahaan dengan Ukuran Perusahaan sebagai Variabel Moderasi

Hermawan Kustanta, Hermawan Kustanta (Unknown)



Article Info

Publish Date
01 Apr 2024

Abstract

This study aims to test whether dividend policy, profitability, liquidity, capital structure have a partial influence on company value, as well as whether company size is able to moderate the relationship of dividend policy variables, profitability, liquidity, capital structure to company value. This study took a sample of companies going public in the telecommunications and utilities sectors listed on the IDX. The sampling technique uses purposive sampling by collecting data in the form of annual financial statements in accordance with the required criteria obtained from the official IDX website www.idx.co.id, www.emiten.kontan.co.id and other websites related to sample companies. The amount of research data processed was 240 data, with 40 data on each variable. Data was analyzed using SPSS. The results showed that dividend policy has a positive and significant influence on the value of the company; profitability and liquidity have no partial influence on the value of the company; capital structure has a negative and significant influence on the value of the company; company size moderates the relationship of dividend policy and profitability partially to company value; The size of the company does not partially moderate the relationship of liquidity and capital structure to the value of the company.

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Journal Info

Abbrev

alkharaj

Publisher

Subject

Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Description

Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah is a scientific journal published by Pusat Riset dan Kebijakan Strategis PRKS) of  Institut Agama Islam Nasional (IAI-N) Laa Roiba Bogor in collaboration with Masyarakat Ekonomi Syariah (MES) and Intelectual Association for Islamic Studies ...