Proceedings of the International Conference on Economics and Business Studies (ICOEBS 2022)

The Effect of Profitability, Liquidity and Leverage on Company Value with Dividend Policy as Moderating Variables on Consumer Companies Listed on the Indonesia Stock Exchange 2018-2020

Authors
Nindi Isra Sholatika1, Triyono*, 2
1 2Faculty of Economics and Business, Universitas Muhammadiyah Surakarta
*Corresponding author. Email: tri280@ums.ac.id
Corresponding Author
Triyono
Available Online 13 June 2022.
DOI
10.2991/aebmr.k.220602.046How to use a DOI?
Keywords
Profitability; Liquidity; Leverage; Firm Value; Dividend Policy
Abstract

Company value is a measure of the success of a company’s management in managing its operational activities to increase shareholder confidence. This study aims to analyze the effect of profitability, liquidity, and leverage as factors affecting the value of companies listed on the Indonesia Stock Exchange for 2018-2020 in consumer goods industrial sector companies. This study also examined the dividend policy variable used as a moderating variable in the research model. The population in this study is Consumer Goods Industrial Companies listed on the Indonesia Stock Exchange for 2018-2020. This study utilized secondary data and purposive sampling technique, resulting in 20 companies being selected as research samples. The data were analyzed using Multiple Linear Regression using SPSS 20. The study results revealed that profitability, liquidity, and leverage significantly affected firm value. However, profitability, liquidity and leverage moderated by dividend policy had no significant effect on firm value. Moreover, liquidity and leverage significantly influenced firm value.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
13 June 2022
ISBN
10.2991/aebmr.k.220602.046
ISSN
2352-5428
DOI
10.2991/aebmr.k.220602.046How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

TY  - CONF
AU  - Nindi Isra Sholatika
AU  - Triyono
PY  - 2022
DA  - 2022/06/13
TI  - The Effect of Profitability, Liquidity and Leverage on Company Value with Dividend Policy as Moderating Variables on Consumer Companies Listed on the Indonesia Stock Exchange 2018-2020
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS 2022)
PB  - Atlantis Press
SP  - 343
EP  - 350
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220602.046
DO  - 10.2991/aebmr.k.220602.046
ID  - Sholatika2022
ER  -