The Effect of Liquidity, Profitability, Debt, Firm Size, and Dividend Policy on Firm Value

The Effect of Liquidity, Profitability, Debt, Firm Size, and Dividend Policy on Firm Value

Christabella Angelina Alexander, Putu Anom Mahadwartha, Werner R. Murhadi

The Effect of Liquidity, Profitability, Debt, Firm Size, and Dividend Policy on Firm Value

This study examines the effect of liquidity, profitability, debt, firm size, and dividend policy on firm value. The independent variables used are liquidity as measured by the current ratio, profitability as measured by return on assets, debt by debt ratio, firm size measured using ln total assets, and dividend policy as measured by the dividend payout ratio. The sample in this study consisted of 1,195 observations of non-financial sector companies listed on the Indonesia Stock Exchange. This study uses secondary data and a quantitative approach with multiple linear regression. The results of this study indicate that the variables of liquidity, profitability, debt, and dividend policy have a significant positive effect on firm value. Meanwhile, the firm size variable has no significant negative effect on firm value.

2025/06/20

https://insyma.org/proceedings/files/articles/Christabella Angelina Alexander.pdf

https://insyma.org/proceedings/items/show/514

Liquidity, Profitability, Debt, Firm Size, Dividend Policy, Firm Value

1237

1244

3047-857X

Proceedings of the International Symposium on Management (Volume 21, 2024)

22

Fakultas Bisnis dan Ekonomika, Universitas Surabaya

Christabella Angelina Alexander

Putu Anom Mahadwartha

Werner R. Murhadi*

202

Christabella Angelina Alexander, Putu Anom Mahadwartha, Werner R. Murhadi*