PENGARUH PROFITABILITAS DAN STRUKTUR KEPEMILIKAN TERHADAP KEBIJAKAN DIVIDEN DAN NILAI PERUSAHAAN

  • I Made Agus Surya Dinata
  • I Putu Yadnya Fakultas Ekonomi dan Bisnis Universitas Udayana, Bali, Indonesia

Abstract

Maximizing the value of the company is the ultimate goal of the company. Benchmark value of the company is the owner's welfare. Company's dividend policy will greatly affect the well-being of the owner, so that the necessary unification of interests between management companies and other parties that include shareholders and stakeholders in policydecision company. This study discusses the effect of profitability and ownership structure on firm value and dividend policy as an intervening variable. 156 manufacturing companies in Indonesia Stock Exchange is the population in this study. In conclusion profitability and ownership structure variables affect the dividend policy is positive and significant, dividend policy affects firm value is positive and significant, while profitability and ownership structure has no significant effect on firm value.

Keywords: dividend policy and firm value

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Published
2014-11-10
How to Cite
DINATA, I Made Agus Surya; YADNYA, I Putu. PENGARUH PROFITABILITAS DAN STRUKTUR KEPEMILIKAN TERHADAP KEBIJAKAN DIVIDEN DAN NILAI PERUSAHAAN. E-Jurnal Manajemen, [S.l.], v. 3, n. 11, nov. 2014. ISSN 2302-8912. Available at: <https://ojs.unud.ac.id/index.php/manajemen/article/view/9406>. Date accessed: 21 nov. 2024.
Section
Articles

Keywords

dividend policy and firm value