East Asian Journal of Multidisciplinary Research (EAJMR)
Vol. 3 No. 10 (2024): October 2024

The Effect of Financial Ratio on Company Value With Dividend Policy as a Moderation on the IDX30 Index

Subhanulfikri, Faiz (Unknown)
Wikartika, Ira (Unknown)



Article Info

Publish Date
29 Oct 2024

Abstract

Company worth is extremely essential since it demonstrates the business's overall accomplishment. The concept of signaling describes how firms feel compelled for communicate monetary report statistics regarding outside stakeholders to avoid information asymmetry. That investigation's audience consists of 49 firms included in the IDX30 index from 2020 to 2023. The sample for this research consisted of 16 issuers who had been selected using a purposive sampling technique, then multiplied by 4 according to the research period so that there were 64 samples. The moderated regression analysis (MRA) method is utilized to examine information using tools such as the SPSS application. The analysis results prove profitability has a destructive contribution to company value, liquidity has little impact on firm value, and solvency has a contribution to company value. Apart from that, dividend policy can limit the impact of profitability on company value; however, this can't reduce its effect of liquidity and solvency on the worth of the company.

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Journal Info

Abbrev

eajmr

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Industrial & Manufacturing Engineering

Description

East Asian Journal of Multidisciplinary Research (EAJMR) is a scientific multidisciplinary research journal published by Yayasan Pendidikan Penelitian Pengabdian Algero. The aim of this journal publication is to disseminate the research results, conceptual thoughts, improved research methodologies ...