Institusion
Universitas Muhammadiyah Surakarta
Author
Pangestuti, Putri
-, Dr. Erma Setiawati, MM.,CA
Subject
RT Nursing
Datestamp
2019-05-16 04:26:02
Abstract :
The purpose of this study is to analyze the profitability, debt policy, dividend policy,
investment decision to the firm value. Profitability was measured by Return on Equity
(ROE). Debt Policy was measured by Debt to Equity Ratio (DER). Dividend policy was
measured by Dividend Payout Ratio (DPR). Investment decision was measured by Price
Earning per Share (PER). Firm Value was measured by Price Book Value (PBV). The
population in this research is the manufacturing companies listed on the Indonesia Stock
Exchange and is continuosly published the annual report in the year 2014-2017. The sample
obtained was 138 using purposive sampling method. Data analysis technique use classic
assumption test and hypothesis test uses multipleregression analysis. The result of this
research indicate that the profitability have a significant positive effect on the firm value,
debt policy don’t have a significant effect on firm value, dividend policy have a significant
negative effect on firm value, investement decision have a significant positive on firm
value.
Keywords: Profitability, Debt policy, Dividend policy, Investment decision, Firm Value