The Effect of Profitability, Dividend Policy and Capital Structure on Firm Value of the Consumer Goods Industry Sector Listed in the Indonesia Stock Exchange (IDX)
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 01
Abstract
This study aims to examine and obtain empirical evidence that Profitability, Dividend Policy and Capital Structure, affect the firm value of consumer goods industry sector listed in Indonesia Stock Exchange in the 2011-2021 period. The study was conducted on 18 manufacturing companies listed in the Indonesia Stock Exchange for the period 2011 – 2021. The data used in this study is regression analysis multiple. The method used in this research is explanatory with a quantitative approach and the sampling used is simple purposive sampling. Analysis Explanatory is used to explain the relationships between the variables firm value, that profitability, dividend policy and capital sructure. The results show that profitability, dividend policy and capital structure has a positive effect on firm value. The results also show that the simultaneous test concludes that all independent variables affect the dependent variable.
Authors and Affiliations
Tika Aprilia, Mahatma Kufepaksi, Sri Hasnawati
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