The Effect of Profitability and Capital Structure on Price Book Value with Dividend Payout Ratio as Moderating Variables in the Consumer Goods Industry Listed on the Stock Exchange Indonesia for 2017-2020

Autor: Nia Angelia, Enda Noviyanti Simorangkir, Nagian Toni, Noviana Noviana
Rok vydání: 2022
Předmět:
Zdroj: International Journal of Social Science Research and Review. 5:142-150
ISSN: 2700-2497
Popis: This research aimed to analyze the effect of profitability and capital structure on price book value with dividend payout ratio as a moderating variable in the goods industry consumption listed on the Indonesia Stock Exchange for the period of 2017-2020. The population in this research were 51 Consumer Goods Industries listed on the Indonesia Stock Exchange for the period of 2017-2020. The sample of this research amounted to 60 financial reports from 15 Consumer Goods Industries listed on the Indonesia Stock Exchange for the period of 2017-2020. The data analysis tool used Partial Least Square (PLS). The results of the analysis showed that profitability (return on equity) had an effect on Price Book Value in the Consumer Goods Industry listed on the Indonesia Stock Exchange for the period of 2017-2020. Capital structure affected the Price Book Value of the Consumer Goods Industry listed on the Indonesia Stock Exchange for the period of 2017-2020. Dividend Payout Ratio had no effect on Price Book Value in the Consumer Goods Industry listed on the Indonesia Stock Exchange the period of 2017-2020. Dividend Payout Ratio did not moderate the effect of profitability (return on assets) on Price Book Value in the Consumer Goods Industry listed on the Indonesia Stock Exchange the period of 2017-2020. Dividend Payout Ratio moderated the effect of profitability (return on equity) on Price Book Value in the Consumer Goods Industry listed on the Indonesia Stock Exchange the period of 2017-2020. Dividend Payout Ratio did not moderate the effect of capital structure on Price Book Value in the Consumer Goods Industry listed on the Indonesia Stock Exchange the period of 2017-2020.
Databáze: OpenAIRE