<![CDATA[The purpose of this paper is to investigate the effect of dividend policy on firm value depending on investment decisions, firm size and profitability. The data used in this research is secondary data from 2019-2021. The population in this study amounted to 204 manufacturing companies listed on the IDX with the sampling technique using purposive sampling obtained 72 companies. Testing the hypothesis in this study using PLS. The results obtained show that investment decisions and dividend policy have an effect on firm value, firm size has no significant effect on firm value, profitability is able to moderate investment decisions and firm size on firm value, and profitability is not able to moderate the effect of dividend policy. on company value. The implication of this research is that management is expected to consider it when making company decisions]]>
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