The Effect of Profitability, Capital Structure, Firm Size, and Dividend Policy on Firm Value
DOI:
https://doi.org/10.31603/conference.17786Keywords:
profitability, capital structure, company size, dividend policy, company valueAbstract
Company value is a crucial indicator that reflects investor’s views on the success of business management, especially in the Property and Real Estate sectors which have quite high market value fluctuation. This research uses samples from Property and Real Estate sector companies listed on the Indonesia Stock Exchange (BEI). The sampling method was purposive sampling over a 5 year period (2021-2025) and 55 samples were obtained. This research uses quantitative methods, using secondary data. Data analysis and testing techniques use SPSS version 26 software. Hypothesis testing uses multiple linear regression analysis using secondary data taken from financial reports of Property and Real Estate sector companies listed on the Indonesia Stock Exchange (BEI). The research results show that profitability, company size, and dividend policy have a positive effect on company value. Meanwhile, capital structure has no effect on company value. The limitations of this research lie in its focus only on Property and Real Estate sector companies and the limited research period. This research also considers certain variables, so there are many other factors that can influence company value. Suggestions for further research are to expand the scope of the research by adding other relevant independent variables, as well as extending the research period to obtain more comprehensive results. Research is also recommended to explore the influence of external factors and other company characteristics on company value.
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