KONTRIBUSI KEBIJAKAN DIVIDEN DALAM EFEKTIVITAS KEUANGAN DAN IMPLIKASINYA PADA NILAI PERUSAHAAN

Authors

  • Jeudi Agustina Taman Parulian Sianturi Universitas Methodist Indonesia
  • Diana Hasyim Universitas Negeri Medan
  • Marlyna Infryanty Hutapea Universitas Methodist Indonesia
  • Rasmulia Sembiring Universitas Methodist Indonesia
  • Alfredo Simatupang Universitas Methodist Indonesia
  • Dianty Putri Purba Universitas Prima Indonesia

DOI:

https://doi.org/10.46880/methoda.Vol11No2.pp115-126

Keywords:

Profitability, Firm Size, Dividend Policy, Firm Value

Abstract

This study aims to examine the contribution of dividend policy in mediating the effect of financial effectiveness on firm value. The sample used is a manufacturing company listed on the Indonesia Stock Exchange for a period of time starting from 2010-2017 with reference to the sample criteria that have been set. Empirical results prove that dividend policy partially mediates the effect of financial effectiveness (ROA) and firm size (Ln TA) on firm value (Tobin q). This study provides additional support for agency theory and signalling theory

Published

2021-08-31

Issue

Section

Majalah Ilmiah METHODA