Journal of Business, Management, and Accounting
Vol. 4 No. 2 (2022): September 2022

Do Dividend Policy and Leverage Play a Role in Firm Value Creation?

Nurfauziah Nurfauziah (Kusuma Negara Business School)
Mohamad Saparudin (Kusuma Negara Business School)
Maryanta Maryanta (Kusuma Negara Business School)



Article Info

Publish Date
31 Dec 2022

Abstract

This study is a comprehensive synthesis of relevant prior researches. The goal of this study was to examine the role of leverage and dividend policy in increasing the firm value of insurance companies. This study's population consisted of 17 insurance companies that were listed on the Indonesia Stock Exchange between 2016 and 2020. The purposive sampling method was used to select seven companies for this study. Multiple linear regression was used in SPSS 25 to analyze the collected data. The findings revealed that leverage had a negative impact on firm value, whereas dividend policy had a positive impact on firm value. The model proposed in this study could explain 38.9 percent of the firm's value

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Journal Info

Abbrev

jobma

Publisher

Subject

Economics, Econometrics & Finance Education Social Sciences

Description

JOBMA: Journal of Business, Management, and Accounting is aimed at being a medium for research results dissemination and scientific paper exchanges on the Indonesian economy and business among academics, practitioners, regulators, and public. JOBMA: Journal of Business, Management, and Accounting is ...