LIKUIDITAS, LEVERAGE, PROFITABILITAS PENGARUHNYATERHADAP NILAI PERUSAHAAN MANUFAKTUR DI INDONESIA MELALUI KEBIJAKAN DEVIDEN
Abstract: The company’s value
can be found on the ability to pay dividends. The amount of dividends paid to
shareholders depend on the dividend policy of each company. This study aims to
determine how the effect of liquidity, leverage, profitability toward dividend
policy and the value of manufacturing companies in Indonesia. The number of
samples are 8 manufacturing company. Data were analyzed using path analysis
model. The results showed that liquidity, leverage, profitability have
significantly influence on the company’s value, through the variable dividend
policy shows the effect of the narrowing means that the value of the company
was affected by the dividend policy is not significant. Partially, not all
variables have a significant effect, just variables liquidity and leverage have
correlation coefficient (R) of 0.574 with a significance of 0.025 which means
proven strong correlation with the criteria. While the value of the coefficient
of determination (R square) is 32.9%, which variables liquidity, leverage,
profitability have influence to company’s value.
Penulis: Ainun Jariah
Kode Jurnal: jpakuntansidd160779
