Faktor-faktor penentu nilai perusahaan pada industri barang konsumsi

Abstract

The purpose of this study was to examine and analyze the effect of dividend policy, firm size, capital structure, profitability, and asset structure on firm value, with quantitative data and secondary data obtained from the annual financial statements used. The object of this research includes manufacturing companies in the consumer goods industry sector, which are listed on the Indonesia Stock Exchange (IDX) during 2016-2020. There are 63 companies listed on the Indonesian Stock Exchange as manufacturing companies in the consumer goods sector. Determination of the sample is done using the purposive sampling method to obtain a sample of 17 companies during the observation period of 5 years. The data analysis technique used is multiple linear regression analysis using the SPSS version 21 program. Based on the results of research analysis and analysis of tests carried out, it can be concluded that company size (UP), capital structure (DER), profitability (ROA), and asset structure (US) affects firm value (PBV), while dividend policy (DPR) does not affect firm value (PBV).