Peran Kebijakan Dividen Dalam Memediasi Profitabilitas dan Kebijakan Pendanaan Terhadap Nilai Perusahaan
This study examines the role of dividend policy in mediating profitability and leverage on firm value. The method used in this research is Structural Equation Modeling-Partial Least Square (SEM-PLS) to test the relationship between variables. This study uses data on annual report of go-public compan...
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Universitas Islam Negeri Syarif Hidayatullah Jakarta
2021-01-01
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doaj-54bdc8a327bf41b08857612d8782bdd02021-01-03T14:26:04ZengUniversitas Islam Negeri Syarif Hidayatullah JakartaEsensi: Jurnal Bisnis dan Manajemen2087-20382461-11822021-01-0110216117210.15408/ess.v10i2.161657484Peran Kebijakan Dividen Dalam Memediasi Profitabilitas dan Kebijakan Pendanaan Terhadap Nilai PerusahaanDesire Nur Addin Afeeanti0Indah YulianaUIN Maulana Malik Ibrahim MalangThis study examines the role of dividend policy in mediating profitability and leverage on firm value. The method used in this research is Structural Equation Modeling-Partial Least Square (SEM-PLS) to test the relationship between variables. This study uses data on annual report of go-public companies in 2014-2018 period. ROE and ROA are independent variables (X1), DER and DAR are independent variables (X2). While PER and PBV are the dependent variables and DPR and DY are intervening variables. This study resulted in profitability and leverage has positive and significant effect, but the dividend policy negative and no significant effect on firm value. Profitability has positive and significant effect, but leverage has a significant negative effect on dividend policy. Dividend policy has not been able to mediate between profitability and leverage on firm value.http://journal.uinjkt.ac.id/index.php/esensi/article/view/16165profitabilityleveragefirm valuedividend policy |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Desire Nur Addin Afeeanti Indah Yuliana |
spellingShingle |
Desire Nur Addin Afeeanti Indah Yuliana Peran Kebijakan Dividen Dalam Memediasi Profitabilitas dan Kebijakan Pendanaan Terhadap Nilai Perusahaan Esensi: Jurnal Bisnis dan Manajemen profitability leverage firm value dividend policy |
author_facet |
Desire Nur Addin Afeeanti Indah Yuliana |
author_sort |
Desire Nur Addin Afeeanti |
title |
Peran Kebijakan Dividen Dalam Memediasi Profitabilitas dan Kebijakan Pendanaan Terhadap Nilai Perusahaan |
title_short |
Peran Kebijakan Dividen Dalam Memediasi Profitabilitas dan Kebijakan Pendanaan Terhadap Nilai Perusahaan |
title_full |
Peran Kebijakan Dividen Dalam Memediasi Profitabilitas dan Kebijakan Pendanaan Terhadap Nilai Perusahaan |
title_fullStr |
Peran Kebijakan Dividen Dalam Memediasi Profitabilitas dan Kebijakan Pendanaan Terhadap Nilai Perusahaan |
title_full_unstemmed |
Peran Kebijakan Dividen Dalam Memediasi Profitabilitas dan Kebijakan Pendanaan Terhadap Nilai Perusahaan |
title_sort |
peran kebijakan dividen dalam memediasi profitabilitas dan kebijakan pendanaan terhadap nilai perusahaan |
publisher |
Universitas Islam Negeri Syarif Hidayatullah Jakarta |
series |
Esensi: Jurnal Bisnis dan Manajemen |
issn |
2087-2038 2461-1182 |
publishDate |
2021-01-01 |
description |
This study examines the role of dividend policy in mediating profitability and leverage on firm value. The method used in this research is Structural Equation Modeling-Partial Least Square (SEM-PLS) to test the relationship between variables. This study uses data on annual report of go-public companies in 2014-2018 period. ROE and ROA are independent variables (X1), DER and DAR are independent variables (X2). While PER and PBV are the dependent variables and DPR and DY are intervening variables. This study resulted in profitability and leverage has positive and significant effect, but the dividend policy negative and no significant effect on firm value. Profitability has positive and significant effect, but leverage has a significant negative effect on dividend policy. Dividend policy has not been able to mediate between profitability and leverage on firm value. |
topic |
profitability leverage firm value dividend policy |
url |
http://journal.uinjkt.ac.id/index.php/esensi/article/view/16165 |
work_keys_str_mv |
AT desirenuraddinafeeanti perankebijakandividendalammemediasiprofitabilitasdankebijakanpendanaanterhadapnilaiperusahaan AT indahyuliana perankebijakandividendalammemediasiprofitabilitasdankebijakanpendanaanterhadapnilaiperusahaan |
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