Open AccessPENGARUH UKURAN PERUSAHAAN, PROFITABILITAS, KEBIJAKAN DIVIDEN, LEVERAGE DAN LIKUIDITAS TERHADAP NILAI PERUSAHAAN
Author(s) -
Herman Sjahruddin,
Nur Asa Nikmatul Jannah
Publication year - 2022
Publication title -
niagawan
Language(s) - English
Resource type - Journals
eISSN - 2579-8014
pISSN - 2301-7775
DOI - 10.24114/niaga.v11i1.28449
Subject(s) - leverage (statistics) , profitability index , dividend policy , market liquidity , stock exchange , business , enterprise value , capital structure , dividend , monetary economics , financial system , business administration , finance , economics , mathematics , debt , statistics
This study aims to examine the effect of firm size, profitability, dividend policy, leverage, and liquidity on firm value in the basic industry and chemical sub-sectors of the cement industry listed on the Indonesia Stock Exchange for the 2016-2019 period. This study uses a quantitative paradigm by utilizing three issuer's quarterly financial statements which were analyzed using linear regression. The results of the analysis provide evidence that leverage and liquidity have a significant negative effect on firm value, whereas firm size, profitability and dividend policy contribute positively but cannot increase the firm values