Open AccessImplikasi Profitabilitas Terhadap Nilai Perusahaan dan Kebijakan Dividen Sebagai Variabel Intervening (Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2009-2016)
Author(s) -
Hairudin Hairudin,
Umar Bakti,
Agung Rachmadi
Publication year - 2020
Publication title -
jurnal manajemen bisnis/jurnal manajemen and bisnis
Language(s) - English
Resource type - Journals
eISSN - 2685-9823
pISSN - 1829-8486
DOI - 10.38043/jmb.v17i2.2355
Subject(s) - dividend policy , profitability index , stock exchange , business , enterprise value , business administration , dividend , indonesian , financial system , monetary economics , accounting , finance , economics , linguistics , philosophy
This research examines and discovers the implication of profitability on firm value, and dividend policy as mediating effect at mining companies which are listed on Indonesian Stock Exchange in 2009-2016 with total samples, 5 companies. This study using path analysis to solve the problem with the help of SPSS 24. The result shows that Profitability and dividend policy have positive effect and significant on firm value, Profitability has negative effect on dividend policy, and dividend policy has no mediating effect between profitability and firm value.