International Journal of Society and Law
Vol. 2 No. 2 (2024): Agust 2024

The Influence of Profitability and Stock Value on Company Value With Dividend Policy as an Intervening Variable (Empirical Study of Garment Companies Listed on the Idx for the 2018-2022 Period)

Angelina Capah (Unversitas Pembangunan Panca Budi)
Cahyo Promono (Unversitas Pembangunan Panca Budi)



Article Info

Publish Date
06 Aug 2024

Abstract

This research was conducted on garment companies listed on the IDX for the 2018-2022 period with the aim of analyzing the influence of profitability and share value on company value which is mediated by dividend policy. The research population was 5 garment companies and the number of observations made was 25 observations over five periods from 2018-2022. The data sources used are secondary data and data collection techniques use documentation. The data analysis technique uses the classic assumption test, hypothesis test and Sobel test. The results of the research conducted show that profitability and the value of company shares do not partially have a significant effect on dividend policy in garment companies listed on the BEI, profitability and the value of company shares partially have a significant effect on the value of garment companies listed on the BEI, dividend policy has a significant effect on company value the garment is listed on the IDX. Dividend policy does not mediate the influence between profitability and share value and the value of garment companies listed on the IDX.

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Journal Info

Abbrev

IJSL

Publisher

Subject

Law, Crime, Criminology & Criminal Justice Other

Description

International Journal of Society and Law is a journal that explores important issues in the field of law and society at the international level. This journal provides a platform for a variety of research and analysis related to the interaction between law and social dynamics in global society. ...