THE EFFECT OF FIRM SIZE, LEVERAGE, PROFITABILITY, LIQUIDITY AND DIVIDEND POLICY ON FIRM VALUE ON NON-CYCLICAL CONSUMER SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2019-2022

Main Article Content

Audrey Deliana
Linda Santioso

Abstract

This research was aimed with obtaining empirical evidence regarding the significant influence of the independent variables, namely company size (total assets), Leverage (DER), Profitability (ROE), Liquidity (CR) and Dividend Policy (DPR) and the dependent variable used namely Company Value (PBV). The population used in this research are companies with non-cyclical consumer sectors listed on the Indonesia Stock Exchange (BEI) in 2019 - 2022. This research uses quantitative descriptive research methods to test hypotheses. The sample selection technique used in this research was purposive sampling, where the sample obtained was 19 companies. The data used is secondary data processed using the SPSS version 27 program. The results of this research show that Leverage, Profitability, and dividend policy have a significant positive effect on company value, while company size and liquidity have no effect on company value.

Article Details

Section
Articles

References

(2019). Pengaruh Perputaran Kas Dan Perputaran Piutang Terhadap Profitabilitas Pt. Indofood Sukses Makmur Tbk. https://doi.org/10.33753/madani.v2i1.48

(PDF) influence of profitability to the firm value of diversified ... (n.d.-d). https://www.researchgate.net/publication/303240283_Influence_of_Profitability_to_the_Firm_Value_of_Diversified_Companies_in_the_Philippines

Analisis Pengaruh struktur modal, profitabilitas, Likuiditas, Kebijakan ... (n.d.-a). http://eprints.undip.ac.id/49576/1/jurnal_oke.pdf

Bab 2 Landasan Teori 2.1 Efficient Market Hypothesis (EMH), lib.ui.ac.id/file?file=digital/130569-T%2027230-Price%20limit-Tinjauan%20literatur.pdf. Accessed 8 Oct. 2023.

Brigham., Eugene, F., Daves, & Philip, F. 2010. Intermediate Financial Management. 10 th Edition. Thomson South Western c

Effect of profitability, leverage, and liquidity on ... - researchgate. (n.d.-c). https://www.researchgate.net/publication/367967577_Effect_of_Profitability_Leverage_and_Liquidity_on_Company_Value_with_Dividend_Policy_as_A_Moderation_Variable_In_IDX_High_Dividend_Companies_20_Period_2017_-_2021/fulltext/63dbaa43c465a873a27a846c/Effect-of-Profitability-Leverage-and-Liquidity-on-Company-Value-with-Dividend-Policy-as-A-Moderation-Variable-In-IDX-High-Dividend-Companies-20-Period-2017-2021.pdf

Haan, M. A., & Riyanto, Y. (2006). The effects of takeover threats on shareholders and firm value. Journal of Economic Behavior & Organization, 59(1), 45–68. https://doi.org/10.1016/j.jebo.2004.02.003

Irawati, K. R., Wiyono, G., & Sari, P. P. (2022). Pengaruh likuiditas, struktur modal, Dan Ukuran Perusahaan TERHADAP Nilai perusahaan Manufaktur Sektor Industri Barang Dan Kosumsi Yang Terdaftar di Bursa Efek Indonesia (BEI) Tahun 2015-2019. JURNAL MANAJEMEN, 14(1), 148–152. https://doi.org/10.30872/jmmn.v14i1.10798

IZFS, R. D., Tarmedi, E., Hidayat, Y. M., Surachim, A., & Debora, C. (2022). The effect of profitability and liquidity on firms value. Proceedings of the 6th Global Conference on Business, Management, and Entrepreneurship (GCBME 2021). https://doi.org/10.2991/aebmr.k.220701.025

Novari, P. M., & Lestari, P. V. (1970, January 1). Pengaruh Ukuran perusahaan, leverage, Dan profitabilitas TERHADAP nilai Perusahaan Pada Sektor properti dan real estate. E. https://www.neliti.com/publications/252428/pengaruh-ukuran-perusahaan-leverage-dan-profitabilitas-terhadap-nilai-perusahaan

Pengaruh likuiditas, leverage, Dan Profitabilitas TERHADAP Nilai Perusahaan. (n.d.-e). https://jimfeb.ub.ac.id/index.php/jimfeb/article/download/7232/6229

Prasetya Margono, F., & Gantino, R. (2021). Influence of firm size, leverage, profitability, and dividend policy on firm value of companies in Indonesia Stock Exchange. Copernican Journal of Finance & Accounting, 10(2), 45–61. https://doi.org/10.12775/cjfa.2021.007

Sinyal Laba Dalam peristiwa Pemecahan Saham di bursa efek Indonesia ... (n.d.-c). https://staffnew.uny.ac.id/upload/132303686/penelitian/Publikasi%20Artikel_Sinyal%20Laba%20dalam%20Peristiwa%20Pemecahan%20Saham.pdf

The influence of profitability, liquidity, and dividend policy towards ... (n.d.-i). https://ojs.uph.edu/index.php/JPA/article/download/5763/pdf

UNDIKSHA Institutional Repository System Undiksha Repository. (n.d.-d). https://repo.undiksha.ac.id/984/

Yuwono, W., & Aurelia, D. (2021). The effect of profitability, leverage, institutional ownership, managerial ownership, and dividend policy on firm value. Journal of Global Business and Management Review, 3(1), 15. https://doi.org/10.37253/jgbmr.v3i1.4992