PENGARUH KEBIJAKAN HUTANG, FIRM SIZE, KEBIJAKAN DIVIDEN, PROFITABILITAS DAN LEVERAGE TERHADAP NILAI PERUSAHAAN

(Studi Empiris Pada Perusahaan Manufaktur Sektor Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode 2013-2016)

Abstract

The higher level prosperity of  the company owner, it will increase the value of the company. Company value indicates that shareholder wealth is also high and the future prospects of the company are good. Company value is proxide by Price Book Value (PBV). The purpose of this study is to test the effect of debt policy, firm size, dividend policy, profitability, and leverage against company value empirical study on manufacturing company of consumer goods sector listed on Indonesia Stock Exchange in the 2013-2016 period . The population in this study as many as 37 companies. The sampling is done by purposive sampling technique so that there are 34 samples then the amount of observation data as much as 136. The result of this research is debt policy and leverage policy has no effect to firm value, while firm size and profitability have a significant effect to company value and dividend policy have negative effect to company value.