<![CDATA[This study aims to examine the effect of dividend policy, debt policy, investment policy and profitability on firm value and profitability which mediates the effect of debt policy and investment policy on firm value. This research will be conducted using a quantitative approach. The population related to this research is manufacturing companies that went public that were listed on the IDX for the 2015-2019 period. The sample selection used purposive sampling so that 7 companies were obtained. Data analysis used descriptive data analysis, normality test, multiple linear regression analysis and path analysis. The results of the study show that dividend policy has a negative and insignificant effect on firm value. Debt policy has a positive and insignificant effect on firm value. The investment policy ratio has a positive and insignificant effect on changes in firm value. Profitability has a positive and significant effect on firm value. Profitability does not have a mediating role in the relationship between debt policy and firm value. Profitability does not have a mediating role in the relationship between investment policy and firm value.]]>
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