EQIEN - JURNAL EKONOMI DAN BISNIS
Vol 14 No 01 (2025): Journal of Economics and Business

The Role of Dividend Policy as a Mediator of the Relationship between Corporate Governance and Profitability on Firm Value

Lestiana, Eli (Unknown)
Purwidianti, Wida (Unknown)
Tubastuvi, Naelati (Unknown)
Widhiandono, Hengky (Unknown)



Article Info

Publish Date
14 Mar 2025

Abstract

This analysis examines the role of dividend policy as a mediator in the relationship between corporate governance and profitability on firm value. The population studied consisted of 47 public banking companies listed on the Indonesia Stock Exchange during 2019-2023, with 87 research samples obtained through the purposive sampling method. The analysis confirmed that profitability significantly positively affects dividend policy and corporate governance positively influences firm value. However, corporate governance and dividend policy do not affect firm value, and dividend policy does not mediate the relationship between corporate governance and firm value, as well as between profitability and firm value. These findings confirm the importance of profitability and corporate governance in enhancing firm value through effective dividend policy.

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Journal Info

Abbrev

OJS

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Jurnal E-Qien adalah wadah informasi ilmiah bidang ilmu ekonomi dan bisnis, berupa hasil studi kepustakaan maupun studi empiris. Volume 6 Nomor 1 Bulan Februari Tahun 2019. Frekuensi terbitan 2 kali dalam ...