PENGARUH STRUKTUR MODAL, PERTUMBUHAN PERUSAHAAN, PROFITABILITAS, DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN STUDI PADA EMITEN SEKTOR MANUFAKTUR DI BEI
Main Author: | Lasmita Susanti, Neneng |
---|---|
Format: | Article application/pdf eJournal |
Bahasa: | ind |
Terbitan: |
JRAK: Jurnal Riset Akuntansi & Komputerisasi Akuntansi
, 2017
|
Online Access: |
http://www.ejournal-unisma.net/ojs/index.php/jrak/article/view/1614 |
Daftar Isi:
- This study examines the effect of capital structure, growth, and profitability on dividend policy and value of the firm's manufacturing sector issuers listed on the Stock Exchange in the period 2009-2013. Samples were taken through purposive sampling a total of 18 issuers. The results of this study found: (1) significant negative effect of capital structure on dividend policy, (2) the growth of the company significant negative effect on dividend policy, (3) the profitability of a significant positive effect on dividend policy, (4) capital structure significant negative effect on value of the firm, (5) the firm growth is not a significant positive effect on firm value, (6) the profitability of a significant positive effect on firm value, and (7) the dividend policy of a significant positive effect on firm value. The results of this study also found the most dominant in the capital structure affects the dividend policy and value of the firm.Keywords: capital structure, profitability, dividend policy, value of the firm