The Mediating Role of Dividend Policy in Relationship Between Profitability and Firm Size on Firm Value.

Autor: Wijaya, Ivan, Aini, Nurul, Suyono, Joko, Meriel, Zetayu Vinata, Elisabeth, Damarsari Ratnasahara
Předmět:
Zdroj: IEOM North American Conference Proceedings; 2021, p3286-3294, 9p
Abstrakt: This research was conducted with the aim of obtaining empirical evidence regarding the effect of profitability and firm size on firm value with dividend policy as a moderating variable in automotive companies listed on the Indonesia Stock Exchange 2015 to 2019. This research uses a quantitative method. Sources of data in this research using secondary data. The population used for this study were 15 automotive companies listed on the Indonesia Stock Exchange from 2015 to 2019. The research sample used was purposive sampling method in order to obtain a sample of 10 companies with an observation period of 5 years. Data collection techniques using literature studies and documentation studies. The data analysis technique used descriptive data analysis, classical assumption test, Moderation Regression analysis, partial test, and moderation test. The results of testing the first hypothesis show that profitability has a positive effect on firm value, the second hypothesis shows that firm size has no effect on firm value, the third hypothesis shows that profitability has a positive effect on firm value with dividend policy able to be used as a moderating variable, and the fourth hypothesis shows that firm size has no effect on firm value with dividend policy unable to be used as a moderating variable. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index