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INDONESIA
Journal of Business, Social and Technology
Published by Ridwan Institute
ISSN : 28072928     EISSN : 28076362     DOI : 10.46799
BUSTECHNO: Journal of Business and Technology is is a peer-reviewed, double-blind and open access academic journal in the fields of Business and technology. This journal is published 6 months by the Ridwan Institute. BUSTECHNO: Journal of Business and Technology provides a means for ongoing discussion of relevant issues including the focus and scope of the journal which can be examined empirically. This journal publishes research articles covering all aspects of business science and technology, from finance, marketing, entrepreneurship, business ethics, Domain Specific Frameworks and Applications, Models, Methods and Techniques (Conceptual Modeling, Languages and design, Software Engineering, Information-centric Networking, Human Computer Interaction Media, Game and Mobile Technologies, Data Mining, Information Retrievel, Information Security, Image Processing and Pattern Recognition, Remote Sensing and Natural Language Processing
Articles 1 Documents
Search results for , issue "Vol. 4 No. 1 (2023): Journal of Business, Social and Technology (Bustechno) (In Press)" : 1 Documents clear
Financial performance, capital structure, and firm's value: The moderating role of dividend policy N Rusnaeni; Hari Gursida; Hendro Sasongko; Dani Rahman Hakim
Journal of Business, Social and Technology (Bustechno) Vol. 4 No. 1 (2023): Journal of Business, Social and Technology (Bustechno) (In Press)
Publisher : Ridwan Institute

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Abstract

This study examines the effect of financial performance and capital structure on firm value with dividend policy as a moderating variable. The sample in this study was 13 property and real estate sector companies from 2011 to 2020, with a total of 130 observations. This study found that financial performance and capital structure positively affect firm value. Meanwhile, this study finds that dividend policy cannot moderate the effect of financial performance and capital structure on firm value. The results of this study indicate that property and real estate investors still prioritize the firm's financial performance. Investors are relatively more cautious in investing in property and real estate sector companies even though the dividends offered are pretty high. Thus, property and real estate sector companies need to be more creative in improving their financial performance and obtaining resources to develop their business.

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