JURNAL RUMPUN MANAJEMEN DAN EKONOMI
Vol. 2 No. 5 (2025): September

PENGARUH STRUKTUR MODAL DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN PADA PT BANK NEGARA INDONESIA (PERSERO) TBK PERIODE 2014-2024

Layali, Nurul (Unknown)
Noryani, Noryani (Unknown)



Article Info

Publish Date
09 Sep 2025

Abstract

. This study aims to examine the effect of Capital Structure and Dividend Policy on Firm Value at PT Bank Negara Indonesia (Persero) Tbk. for the period 2014–2024. The research employs a quantitative associative approach, analyzing the relationship between independent and dependent variables. Data analysis techniques include descriptive statistics, classical assumption tests, multiple linear regression, t-test, F-test, and the coefficient of determination (R²) with the assistance of SPSS version 26 software. The partial test results show that capital structure has no significant effect on firm value (tcount 0,028 < ttable 2,30600; significance 0,978 > 0,05), and similarly, dividend policy also has no significant effect on firm value (tcount 1,357 < ttable 2,30600; significance 0,212 > 0,05). Simultaneously, capital structure and dividend policy do not have a significant effect on firm value (fcount 1,264 < ftable 4,459; significance 0,333 > 0.05). The coefficient of determination (R²) is 5%, indicating that capital structure and dividend policy explain only a small portion of the variation in firm value, while the remaining 95% is influenced by other factors outside this study.

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Journal Info

Abbrev

jrme

Publisher

Subject

Chemistry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Mathematics Social Sciences

Description

JURNAL RUMPUN MANAJEMEN DAN EKONOMI (JRME) berfokus pada penerbitan artikel berkualitas tinggi yang didedikasikan untuk semua aspek penelitian, masalah, dan perkembangan terbaru di bidang Ilmu Manajemen. Topik dalam Jurnal ini berkaitan dengan aspek apapun dari manajemen, namun tidak terbatas pada ...