Jurnal Ipteks Terapan : research of applied science and education
Vol. 17 No. 2 (2023): Jurnal Ipteks Terapan

THE EFFECT OF DIVIDEND POLICY AND PROFITABILITY ON COMPANY VALUE WITH LIQUIDITY AS AN INTERVENING VARIABLE IN MANUFACTURING COMPANIES

Olandari Mulyadi (Universitas Putra Indonesia YPTK Padang)
Putri Intan Permata Sari (Universitas Putra Indonesia YPTK Padang)

Article Info

Publish Date
08 Jun 2023

Abstract

The purpose of this research is to find out the dividend policy and profitability of the value of a company with liquidity as an intervening variable in a manufacturing company . The object of the research was manufacturing companies listed on the Indonesia Stock Exchange in the 2017-2021 period. The population in this study was 198 manufacturing companies in the 2017-2021 period. The sample collection method uses purposive sampling , with a total sample of 65 companies. The analytical method of this study is to use path analysis using the SPSS 25 test tool . The results of this study indicate that dividend policy partially has no effect on liquidity with a significant value of 0.858. Profitability partially affects liquidity with a significant value of 0.003. Dividend policy partially has no effect on firm value with a significant value of 0.317. Profitability partially affects firm value with a significant value of 0.001. Liquidity partially affects firm value with a significant value of 0.044. There is no indirect effect, between dividend policy on firm value through liquidity as an intervening variable There is no indirect effect, between profitability on firm value through liquidity as an intervening variable.

Copyrights © 2023




Citation Download
RIS
EndNote, Reference Manager, ProCite
BibTex
Latex, Jabref
Original Source
Download Original
Google Scholar
Check in Google Scholar
Journal Info
Jurnal Ipteks Terapan : research of applied science and education
Website

Abbrev

jit

Publisher

Lembaga Layanan Pendidikan Tinggi Wilayah X

Subject

Aerospace Engineering Agriculture, Biological Sciences & Forestry Arts Astronomy Automotive Engineering Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Electrical & Electronics Engineering Energy Health Professions Immunology & microbiology Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Library & Information Science Materials Science & Nanotechnology Mathematics Medicine & Pharmacology Neuroscience Nursing Physics Public Health Veterinary Other

Description

The journal focuses on publishing unpublished original research results anywhere such as: the research result on applied science and education such as: curriculum development and learning, character education, technology and instructional innovation, and learning evaluation. the research result on ...