Ecobisma (Jurnal Ekonomi, Bisnis dan Manajemen)
Vol 11, No 1 (2024): ECOBISMA

THE INFLUENCE OF GROWTH OPPORTUNITIES, CAPITAL STRUCTURE, PROFITABILITY, AND DIVIDEND POLICY ON FIRM VALUE (In Pharmaceutical Companies Listed on the Indonesia Stock Exchange 2014-2022)

Lilin Marsiati (Universitas Sarjanawiyata Tamansiswa, Yogyakarta)
Pristin Prima Sari (Universitas Sarjanawiyata Tamansiswa, Yogyakarta)
Ratih Kusumawardhani (Universitas Sarjanawiyata Tamansiswa, Yogyakarta)



Article Info

Publish Date
15 Jan 2024

Abstract

This research aims to see the influence of growth opportunities, capital structure, profitability and dividend policy on company value. The type and source of research data is quantitative data using financial reports on pharmaceutical companies listed on the IDX for 2014-2022, while the sampling technique uses purposive sampling to obtain 9 pharmaceutical companies that meet the criteria. The method used in this research is multiple linear regression analysis, using the SPSS program to test it. The results show that partially growth opportunities (PER) and profitability (ROA) have a positive and significant effect on company value. Capital Structure (DER) has a negative but significant effect on company value. Dividend Policy (DPR) has a negative and insignificant effect on company value. Meanwhile, simultaneously the results of the F test and the coefficient of determination test show that X1, X2, X3, and X4 have a simultaneous effect on Y.

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Journal Info

Abbrev

ecobisma

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ilmiah ECOBISMA adalah Jurnal Ilmiah Bisnis dan Manajemen dari Fakultas Ekonomi dan Bisnis (FEB) Universitas Labuhanbatu melalui Lembaga Penelitian dan Pengabdian Masyarakat, dimaksudkan sebagai media pertukaran informasi dan karya ilmiah antara staf pengajar, alumni, mahasiswa dan masyarakat ...