PENGARUH KEBIJAKAN DIVIDEN DAN KEBIJAKAN HUTANG TERHADAP NILAI PERUSAHAAN

Penulis

  • Euis Ajizah Program Studi Manajemen, STIE la Tansa Mashiro. Rangkasbitung
  • Bagas Oke Perdinusa Program Studi Manajemen, STIE la Tansa Mashiro. Rangkasbitung

DOI:

https://doi.org/10.55171/apjms.v9i3.768

Abstrak

Company value can show the value of assets owned by the company such as securities. Firm value is very important, because it reflects the company's performance which can affect investors' perceptions of the company. The value of the company will show the prosperity of shareholders. The higher the value of the company, the more prosperous the shareholders. Based on the results of research on dividend policy and debt policy on firm value, it can be concluded that partially the dividend policy has a significant effect. Because, the calculated t value is greater than t table. So it can be concluded that dividend policy has a significant effect on firm value in LQ45 index companies listed on the Indonesian Stock Exchange (IDX). Partially it can be concluded that debt policy has no significant effect. Because. The value of t table is greater than t count. Therefore it can be concluded that debt policy has a significant negative effect on firm value in LQ45 index companies listed on the Indonesia Stock Exchange (IDX). Simultaneously dividend policy and debt policy obtain a calculated F value greater than F table. So, it can be concluded that simultaneously dividend policy and debt policy have a significant effect on firm value in LQ45 index companies listed on the Indonesia Stock Exchange (IDX)..

Referensi

Abdillah, Ardianto. (2013). Analisis Pengaruh Kebijakan Dividen, Kebijakan Hutang, Profitabilitas dan Keputusan Investasi Terhadap Nilai Perusahaan Manufaktur Di BEI Periode 2009-2012.Fakultas Ekonomi dan Bisnis, Universitas Dian Nuswantoro, Semarang.

Atmoko, Y., Defung, F., & Tricayadinata, I. (2017). Pengaruh return on assets , debt to equity ratio , and firm size terhadap dividend payout ratio Effect of return on assets , debt to equity ratio , and firm size against dividend payout ratio. 14(2), 103–109.

Brigham, E F, dan Houston, J F. (2010). Dasar-dasar Manajemen Keuangan. Jakarta: Salemba.

Ferina, I. S., Tjandrakirana, H. R., & Ismail, I. (2015). Pengaruh Kebijakan Dividen, Kebijakan Hutang, dan Profitabilitas terhadap Nilai Perusahaan (Studi Pada Perusahaan Pertambangan yang terdaftar di BEI Periode 2009-2013. Jurnal Akuntanika, 2(1), 52–66.

Furniawan, F. (2019). Pengaruh Earning Per Share, Debt To Asset Ratio, Debt To Equity Ratio Dan Return On Equity Terhadap Price To Book Value. The Asia Pacific Journal of Management Studies, 6(3).

Harjito,Agus dan Martono.(2011).Manajemen Keuangan.Ekonisia. Fakultas Ekonomi : Universitas Islam Indonesia Yogyakarta

Hery. (2015). Analisis laporan keuangan. Jakarta: CAPS (Center for Academic Publishing Service).

Rudiyanto, R., Rahayu, M. M., & Firmansah, A. (2020). PENGARUH RETURN ON EQUITY DAN EARNING PER SHARE TERHADAP DIVIDEN PAYOUT RATIO PADA PERUSAHAAN LQ45 YANG TERDAFTAR DI BURSA EFEK INDONESIA. Jurnal Studia Akuntansi dan Bisnis (The Indonesian Journal of Management & Accounting), 8(1).

Septariani, D. (2017). Pengaruh Kebijakan Dividen dan Kebijakan Hutang Terhadap Nilai Perusahaan (studi empiris pada perusahaan LQ45 di BEI periode 2012- 2015). 3(3), 183–195.

Setiawan, R. (2011). Pengaruh Return On Asset (ROA), Debt To Equity Ratio (DER), dan Price To Book Value (PBV) Terhadap Harga Saham Pada Perusahaan Manufaktur di BEI periode 2007-2009.

Sugiyono. (2018). Metode Penelitian Kuantitatif (Setiyawami (ed.)). Alfabeta

Sumanti, J. C., & Magantar, M. (2015). Analisis Kepemilikan Manajerial, Kebijakan Hutang dan Profitabilitas terhadap Kebijakan Dividen dan Nilai Perusahaan pada perusahaan Manufaktur yang terdaftar di BEI. 3(1), 1141–1151.

Diterbitkan

2022-12-15

Terbitan

Bagian

Artikel