PENGARUH KEBIJAKAN DIVIDEN, PROFITABILITAS, DAN SOLVABILITAS YANG TERCATAT PADA INDEKS IDX30 BURSA EFEK INDONESIA PERIODE 2018-2019

Abstract

Identification of company value needs to be done in investment in order to determine the right company and can provide high profits. The purpose of this study is to pay attention to the effect of dividend policy, profitability, and solvency on the value of companies listed on the IDX30 Index of the Indonesia Stock Exchange for the 2018-2020 period. The type of method used in this research is associative research with a quantitative approach. The population in this study was obtained from all companies listed on the IDX30 Index of the Indonesia Stock Exchange (IDX) in 2018 to 2020. This study uses secondary data with an application period of three years. Determine sampling by using purposive sampling and obtained 17 companies so that there are 51 company financial statements for three years. Management of the data obtained using the SPSS type 26 application. The results obtained in this study can be explained that dividend policy has no significant and negative effect on firm value, profitability has a significant and positive effect on firm value, and solvency has a significant and positive effect on firm value.

 

Keywords: dividend policy, profitability, solvency, the value of company