WIDYA MANAJEMEN
Vol 3 No 1 (2021): Widya Manajemen

Pengaruh Rasio Profitabilitas, Leverage dan Kebijakan Dividen Terhadap Nilai Perusahaan Studi Pada Sektor Perbankan Di Bursa Efek Indonesia

Ida Ayu Dinda Priyanka Maharani (Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Warmadewa)



Article Info

Publish Date
28 Feb 2021

Abstract

This study discusses the relationship between profitability ratios, leverage and dividend policy on firm value in the banking sector on the Indonesia Stock Exchange. The banking sector was chosen because the banking sector is one of the fastest growing sectors and has promising long-term business prospects. The high value of the company will affect the level of prosperity of shareholders. Several factors affect firm value, namely profitability, leverage, and dividend policy, which are factors that can be controlled by the company. This study uses Dividend Irrelevance Theory and Bird in The Hand Theory as the main theory in explaining the importance of profitability ratios, leverage ratios and dividend policies in increasing firm value. The analysis technique uses the Path Analysis estimation technique. The results of the study found that leverage has a negative and significant effect on firm value and leverage has a negative effect on dividend policy.

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Journal Info

Abbrev

widyamanajemen

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Widya Manajemen merupakan jurnal di bawah naungan Program Studi Manajemen Fakultas Ekonomi Bisnis dan Pariwisata Universitas Hindu Indonesia Denpasar sebagai wadah informasi ilmiah bidang manajemen baik itu manajemen pemasaran, manajemen SDM, manajemen keuangan, manajemen operasional, manajemen ...