Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)

The Effects of Profitability, Debt Policy and Dividend Policy on Company Value: An empirical study on the manufacturing companies listed on the Indonesia stock exchange in the period of 2014-2016

Authors
Titiek Suwarti, Ceacilia Sri Mindarti, Listyorini Wahyu Widati, Ari Nurjanah
Corresponding Author
Titiek Suwarti
Available Online July 2019.
DOI
10.2991/icobame-18.2019.25How to use a DOI?
Keywords
profitability; debt policy; dividend policy; company value
Abstract

This study aims to examine and analyze the effect of Profitability, Debt Policy and Dividend Policy on the Value of the Company. This study was conducted in Indonesia using a unit of analysis of go public manufacturing companies. The research population was a manufacturing company listed on the Indonesia Stock Exchange. By using purposive sampling method this research got 118 companies from 135 companies that had consistently announced complete report in 3 years. The data were analysed by multiple linear regression technique. The results showed that Profitability had no significant effect on the company values in the manufacturing companies on the Indonesia Stock Exchange. Debt policy had a positive significant effect on the company values in the manufacturing companies listed on the Indonesia Stock Exchange. Dividend policy had a positive significant effect on the company values in the manufacturing companies listed on the Indonesia Stock Exchange. The results of this study have implications for consideration for investors decision making.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
July 2019
ISBN
10.2991/icobame-18.2019.25
ISSN
2352-5428
DOI
10.2991/icobame-18.2019.25How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Titiek Suwarti
AU  - Ceacilia Sri Mindarti
AU  - Listyorini Wahyu Widati
AU  - Ari Nurjanah
PY  - 2019/07
DA  - 2019/07
TI  - The Effects of Profitability, Debt Policy and Dividend Policy on Company Value: An empirical study on the manufacturing companies listed on the Indonesia stock exchange in the period of 2014-2016
BT  - Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)
PB  - Atlantis Press
SP  - 114
EP  - 117
SN  - 2352-5428
UR  - https://doi.org/10.2991/icobame-18.2019.25
DO  - 10.2991/icobame-18.2019.25
ID  - Suwarti2019/07
ER  -