ACCOUNTABILITY
Vol 8, No 2 (2019): Accountability

THE EFFECT OF DIVIDEND POLICY, LIQUIDITY, PROFITABILITY AND FIRM SIZE ON FIRM VALUE IN FINANCIAL SERVICE SECTOR INDUSTRIES LISTED IN INDONESIA STOCK EXCHANGE 2015-2018 PERIOD

Sondakh, Renly (Unknown)



Article Info

Publish Date
31 Jul 2019

Abstract

Firms that go public have a target to increase the value of their firm, because the value of the firm is an attractive factor for investors to call their capital. Firm value is a financial indicator because high corporate value can prove prosperity for shareholders. This study attempts to analyze the dividend, liquidity, profitability and size of the firm policy on the value of the firm. This research was conducted on financial services companies listed on the Indonesia Stock Exchange for the period 2015-2018, including 12 companies that met the sample requirements by using purposive sampling from 99 financial service companies for the 2015-2018 period. This study uses multiple linear regression data analysis received with the SPSS program which contains the classic assumption test, partial test (t-test). The results of this study indicate that dividend policy has a negative and significant effect on firm value, liquidity and firm size partially influence positively and significantly on firm value while profitability is not appropriate and not significant to firm value.

Copyrights © 2019






Journal Info

Abbrev

accountability

Publisher

Subject

Economics, Econometrics & Finance

Description

As the visions of Ministry of Research, Technology, and Higher Education of Republic of Indonesia are to improve the knowledge, technology, and the innovation then The Program of Accounting Profession Education (or PPAk), Faculty of Economics and Business, Sam Ratulangi University presents ...