THE INFLUENCE OF DIVIDEND POLICY, DEBT POLICY & PROFITABILITY ON THE VALUE OF PROPERTY AND REAL ESTATE COMPANIES ON THE INDONESIAN STOCK EXCHANGE

PENGARUH KEBIJAKAN DEVIDEN, KEBIJAKAN HUTANG & PROFITABILITAS PADA NILAI PERUSAHAAN PROPERTY DAN REAL ESTATE DI BURSA EFEK INDONESIA

  • Lis Setyowati Sekolah Tinggi Ilmu Ekonomi Pemuda
  • Galuh Nurcahyo Sekolah Tinggi Ilmu Ekonomi Pemuda
  • Abu Darim
  • Vanda Kristia Gayatri
  • Ony Thoyib Hadiwijaya
  • Syamsul Arifin STIE Pemuda Surabaya
DOI: https://doi.org/10.38156/worldview.v1i2.317

Abstract

This study aims to determine the effect of dividend policy, debt policy, and profitability on firm value. The independent variables in this study are dividend policy as measured by the dividend payout ratio, debt policy as measured by the debt to equity ratio, and profitability as measured by return on assets. The dependent variable in this study is firm value as measured by Tobins'q. The sampling technique uses the purposive sampling method, namely the selection of samples using certain criteria. The form of this research is quantitative. The data analysis technique was carried out by multiple linear regression analysis using the SPSS program. The results of this study are dividend policy and profitability have a positive and significant effect on firm value. While the debt policy has no significant effect on firm value.

Published
2023-11-08
Issue
Vol 1 No 2 (2022): WORLDVIEW ( Jurnal Ekonomi Bisnis dan Sosial Sains )
Section
Articles