PENGARUH KEBIJAKAN DIVIDEN, KEBIJAKAN HUTANG DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN (Studi Kasus Pada Perusahaan Consumer Goods Yang Terdaftar Di Bursa Efek Indonesia Periode Tahun 2012-2015)

Abstract

Abstract
The main of this research are to examine the impact of dividend policy, the
debt policy and profitability though the value of company. The data that used on
this research is secunder data, that is a report of company’s debit in Consumer
Goods, listed in the Indonesia Stock Exchange (www.idx.co.id) annual report in
2012-2015. The sampling method used in this study is purposive sampling
method. Samples that passed the criteria in this study were 19 company in
Consumer Goods. Data processing method used is descriptive analysis, the
classical assumption test, multiple linear analysis, F test, T test and the coefficient
of determination test. The results showed that the dividend policy significant
negative effect on the value of the company and the debt policy has no effect on
the value of the company. As for the effect on the profitability of the company's
value. Simultaneously, the house variable, DPR, DER, ROE significant effect the
PBV. Furthermore, to examine determination of coefficient R2 value squard is
0,0545 it means that the changing of dependent variable is caused by independent
variable that is 54,5%. While 45% the rest it is caused by other factor which is
outside from this research.
Keyword: Dividend Policy, Debt Policy, Profitability and Firm Value.