Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)

The Influence of Capital Structure, Profitability, and Dividend Policy on Firm Value in the LQ45 Index from 2017–2021

Authors
Chyntya Permata Nurutami Nandalena1, Zulfa Irawati1, *
1Department of Economics and Business, Universitas Muhammadiyah Surakarta, Surakarta, Indonesia
*Corresponding author. Email: Zulfa.irawati@ums.ac.id
Corresponding Author
Zulfa Irawati
Available Online 4 October 2023.
DOI
10.2991/978-94-6463-204-0_76How to use a DOI?
Keywords
Capital Structure; Profitability; Dividend Policy; Firm Value
Abstract

The purpose of this study is to analyze the effect of Capital Structure, Profitability, and Dividend Policy on Firm Value. The method used in this study is quantitative with panel data regression data analysis techniques. The population of this study is all companies listed on the LQ45 index of the Indonesia Stock Exchange in 2017–2021. The sample was selected using the purposive sampling method in order to obtain a sample of 13 companies. The results showed that the simultaneous Capital structure, Profitability, and Dividend Policy significantly influence the value of LQ45 companies. Partially, capital structure has a negative and significant effect on firm value, profitability has a positive and significant effect on firm value, and dividend policy has no significant effect on firm value. This research measures the influence of Capital structure, Profitability and Dividend Policy on Firm Value, in order to find a consistent finding that has not been obtained yet in previous research. This research also attempted to find out whether the use of the same variables at different times and samples led to different results.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2023
ISBN
10.2991/978-94-6463-204-0_76
ISSN
2352-5428
DOI
10.2991/978-94-6463-204-0_76How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Chyntya Permata Nurutami Nandalena
AU  - Zulfa Irawati
PY  - 2023
DA  - 2023/10/04
TI  - The Influence of Capital Structure, Profitability, and Dividend Policy on Firm Value in the LQ45 Index from 2017–2021
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
PB  - Atlantis Press
SP  - 923
EP  - 938
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-204-0_76
DO  - 10.2991/978-94-6463-204-0_76
ID  - Nandalena2023
ER  -