The Influence of Financial Disclosure, Ownership Structure on Corporate Value with Dividend Policy as Moderating Variable

Abstract

This study aimed to examine the effect of financial disclosure, ownership structure on corporate value with dividend policy as moderating effect. The sample in this study are the companies index LQ45 that are included in the Indonesia Stock Exchange in 2012 – 2019. Sample selection is taken by purposive sampling method. The number of observations of this study are 120 observations. Hypotheses are examined using partial least square (PLS). The result showed that the financial disclosure has a no influence on corporate value, ownership structure has a no influence on corporate value. In addition dividend policy has a no moderate financial disclosure on corporate value, dividend policy has a no moderate ownership structure on corporate value.