Adrianingtyas, Dea Agustin
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Pengaruh Kinerja Keuangan dan Keputusan Investasi Terhadap Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Variabel Intervening Adrianingtyas, Dea Agustin
JEKPEND: Jurnal Ekonomi dan Pendidikan Vol 2, No 2 (2019): Juli
Publisher : Universitas Negeri Makassar

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (249.346 KB) | DOI: 10.26858/jekpend.v2i2.9369

Abstract

Abstract. This study aims to prove the effect of financial performance and investment decisions on firm value with dividend policy as an intervening variable. The research method uses a quantitative approach with financial report documentation on chemical sector companies listed on the Indonesia Stock Exchange for the period 2013-2017. Data analysis using classical assumption test and path analysis. The results showed that financial performance has a negative and significant effect on firm value, investment decisions and dividend policy does not affect company value, financial performance and investment decisions have a positive and significant effect on dividend policy, and partially financial performance and investment decisions have an influence on value company with dividend policy as an intervening variable. Keywords: financial performance, investment decisions, firm value, dividend policy