Pengaruh Kebijakan Dividen, Profitabilitas, dan Kebijakan Hutang terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Manufaktur Sektor Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022)

Abstract

This study aims to determine the influence of dividend policy, profitability, and debt policy on company value (an empirical study of manufacturing companies in the consumer goods sector listed on the Indonesia Stock Exchange in 2018- 2022). The type of data used in this study is secondary data obtained from the official website of the www.idx.co.id Indonesia Stock Exchange. This study uses 105 companies as the population and uses a purposive sampling method so that 21 companies are used as a sample that has been in accordance with the set criteria. The data analysis techniques used in this study are descriptive statistics, classical assumption tests, multiple linear regression analysis, and hypothesis tests. The results of the study show that some of the dividend policy and profitability variables have a significant positive effect on the Company's value. Meanwhile, debt policy simultaneously has a significant negative effect on the Company's value