Pengaruh Kebijakan Deviden, Profitabilitas dan Kebijakan Hutang Terhadap Nilai Perusahaan Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia

Abstract

Purpose of this study is to determine the effect of dividend policy, profitability and debt policy to corporate value either partially or simultaneously. This study tested the hypothesis that there is dividend policy, profitability and debt policy to company value. The research method used is multiple linear regression statistic method. The result of research indicate that for variable of dividend policy have influence to company value, profitability variable have influence to company value, but for variable of debt policy does not have significant effect to company value. While simultaneously influence influence of dividend policy, profitability and debt policy to company value with coefficient of determination (adjusted R 2) obtained equal to 0,780. This means that the independent variables (Dividend Policy, Profitability and Debt Policy) are able to explain the Company's Value of 78%, while the remaining 100% - 78% = 22% is explained by factors other than the variables studied that affect the firm value. The limitations of this study are to examine the effect of dividend policy, profitability and debt policy on corporate value. While other variables that affect the net profit is expected to be examined by further researchers.