Jurnal Akuntansi dan Keuangan
Vol. 4 No. 4 (2025): Oktober 2025

Analisis Pengaruh Kebijakan Dividen, Ukuran Perusahaan dan Keputusan Investasi terhadap Nilai Perusahaan pada Perusahaan Sektor Industri yang Terdaftar di BEI Periode 2020-2024

Lilis Natalia (Unknown)
Juanda Astarani (Unknown)
Sari Rusmita (Unknown)



Article Info

Publish Date
15 Oct 2025

Abstract

This study aims to analyze the effect of dividend policy, company size, and investment decisions on company value in the industrial sector listed on the Indonesia Stock Exchange (IDX) for the period 2020–2024. Company value is proxied using the Price to Book Value (PBV) ratio. Meanwhile, dividend policy is measured through the Dividend Payout Ratio (DPR), company size is represented by the natural logarithm of total assets (Ln Total Assets), and investment decisions are measured by the Price Earnings Ratio (PER). The research method applied is quantitative with a descriptive associative approach. Purposive sampling was used, resulting in 60 observations from 12 industrial companies during the five-year research period. Data analysis was performed using multiple linear regression techniques with statistical software. The findings reveal that, partially, dividend policy and investment decisions do not have a significant effect on company value. On the other hand, company size has a significant effect. Simultaneously, the three independent variables together showed a significant effect on company value. The implications of these results are expected to be a strategic consideration for company management and investors in their efforts to increase company value.

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Journal Info

Abbrev

akua

Publisher

Subject

Economics, Econometrics & Finance

Description

AKUA adalah Jurnal Akuntansi dan Keuangan yang diterbitkan empat kali setahun pada bulan Januari, April, Juli dan Oktober oleh Yayasan Pendidikan Penelitian Pengabdian Algero. Jurnal ini merupakan jurnal yang dapat akses secara terbuka bagi para Peneliti, Dosen dan Mahasiswa yang ingin ...