THE INFLUENCE OF GROWTH OPPORTUNITIES, CAPITAL STRUCTURE, PROFITABILITY, AND DIVIDEND POLICY ON FIRM VALUE (In Pharmaceutical Companies Listed on the Indonesia Stock Exchange 2014-2022)

Lilin Marsiati, Pristin Prima Sari, Ratih Kusumawardhani

Abstract


This research aims to see the influence of growth opportunities, capital structure, profitability and dividend policy on company value. The type and source of research data is quantitative data using financial reports on pharmaceutical companies listed on the IDX for 2014-2022, while the sampling technique uses purposive sampling to obtain 9 pharmaceutical companies that meet the criteria. The method used in this research is multiple linear regression analysis, using the SPSS program to test it. The results show that partially growth opportunities (PER) and profitability (ROA) have a positive and significant effect on company value. Capital Structure (DER) has a negative but significant effect on company value. Dividend Policy (DPR) has a negative and insignificant effect on company value. Meanwhile, simultaneously the results of the F test and the coefficient of determination test show that X1, X2, X3, and X4 have a simultaneous effect on Y.


Full Text:

PDF

References


Agatha, N. A., & Irsad, M. (2021). Pengaruh Likuiditas, Struktur Modal, Profitabilitas, Kebijakan Dividen Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Pada Perusahaan Properti Dan Real Estate Yang Terdaftar Di Bursa Efek Indonesia Tahun 2015-2019. Jurnal Ilmiah Akuntansi Dan Humanika, 11(2), 329–339. Https://Doi.Org/10.23887/Jiah.V11i2.36189

Agustina, D. (2017). Pengaruh Corporate Governance Dan Variabel Keuangan Terhadap Nilai Perusahaan. Jurnal Bisnis Dan Akuntansi, 19(1), 13–26. Https://Doi.Org/10.34208/Jba.V19i1.61

Ahmad, A. S. (2016). Pengaruh Struktur Modal Terhadap Kinerja Keuangan Pada Perusahaan Pembiayaan Yang Terdaftar Di Bursa Efek Indonesia 2011-2016. JIAM : Jurnal Ilmu Akuntansi Mulawarman, 3(4), 1–20. Diambil Dari Https://Journal.Feb.Unmul.Ac.Id/Index.Php/JIAM/Article/View/3037/742

Amaliyah, F., & Herwiyanti, E. (2020). Pengaruh Keputusan Investasi, Ukuran Perusahaan, Keputusan Pendanaan Dan Kebijakan De




DOI: https://doi.org/10.36987/ecobi.v11i1.5381

Refbacks

  • There are currently no refbacks.


Lisensi Creative Commons

ECOBISMA (Journal of Economics, Business and Management) [p-ISSN: 2477-6092] [E-ISSN: 2620-3391] managed by the Faculty of Economics and Business, Labuhanbatu University is disseminated under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.
Based on work at http://jurnal.ulb.ac.id/index.php/ecob.