The Effect of Profitability, Liquidity, Leverage and Firm Growth of Firm Value with its Dividend Policy as a Moderating Variable
By A. Fajaria, Nidn. Isnalita. 2018
189 citations recorded by the source corpus.
This study aims to examine the effect of profitability, liquidity, leverage, and company growth on firm value, with dividend policy as a moderating variable, as well as Firm Size as a control variable. This research was conducted with documentation method, as well as sampling purposive sampling technique. This study was processed using the SPSS program, totaling 396 observations with data. Where the population is 146 manufacturing companies listed on the Stock Exchange during the period from 2013 to 2016, and the number of samples amounted to 108, 106, 94 and 112 companies, respectively. Profitability and high growth company are proven to increase of Firm Value, but liquidity and high leverage are proven to reduce Firm Value.
Subfields: Accounting, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/6d08a4e9b3fbf2ff922beb81887208a47d4569cf
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Citations in the corpus
- Effect of Liquidity, Profitability, Leverage, and Firm Size on Dividend Policy (2020, background): “It was then clarified in research by Fajaria and Isnalita (2018), which states that firm growth, firm value, and firm size moderate the company’s dividend policy.”
- Profitability and liquidity on firm value and capital structure as intervening variable (2020, background): “The signaling theory states that companies that have a high level of liquidity, then the company can manage the available funds well to maximize the company's operations so that it gets high profits and can pay off short-term debt (Fajaria & Isnalita, 2018).”
- The Effect of Liquidity, Leverage, and Profitability on Firm Value: Empirical Evidence from Indonesia (2021, background): “The same thing was expressed in research conducted by Fajaria and Isnalita (2018), Tui et al. (2017), and Sari and Sedana (2020).”