PENGARUH KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN, KEBIJAKAN DIVIDEN, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN INDEKS LQ 45 YANG TERDAFTAR DI BURSA EFEK INDONESIA
Abstrak
This study aims to analyze the effect of Investment Decisions, Funding Decisions, Dividend Policy, And Profitability on the value of LQ 45 Index companies listed on the Indonesia Stock Exchange. The population of this study is LQ 45 companies listed on the IDX for the 2017-2021 period, with a sample of 15 companies and a total of 75 observations. The type of data used is company secondary data. The sampling technique used purposive sampling technique. Data analisysis using multiple linier analysis with the help of IMB SPSS Statistics. The results of the study show that investment decisions have no significant positive effect on firm value, funding decisions have no significant positive effect on firm value, dividend policy has no significant positive effect on firm value, and profitability has a significant positive effect on firm value. The results of the coefficient of determination show a value of 0,461, which means that the variables of investment decisions, funding decisions, dividend policies, and profitability are able to explain the variable firm value of 46,1% while the remaining 53,9% is explained by other factors outside the research model conducted.
Keywords: Investment Decision, Funding Decision, Dividend Policy, Profitability and Firm Value