Pengaruh Net Income, Capital Structure dan Dividend Policy terhadap Firm Value Pada Perusahaan Sektor Industri Barang Konsumsi Indeks Saham Syariah Indonesia Yang Terdaftar di Bursa Efek Indonesia
Abstract
This study aims to determine the value of companies in the consumer goods industry sector of Indonesia's Islamic stock index listed on the Indonesia Stock Exchange using panel data regression analysis method. The population used in this research is consumer goods industry companies listed on the Indonesia Stock Exchange for the 2020-2022 period. The sampling technique in this study was purposive sampling. The sample used was 33 consisting of 11 companies multiplied by 3 years of research. The panel data regression analysis test performed on the first hypothesis obtained a t value of 0.701689 with a significance value of 0.4914 indicating that partially net income does not affect firm value, in the second hypothesis the results obtained are a t value of 0.842334 with a significance value of 0.4101 indicating that partially capital structure does not affect firm value, in the third hypothesis the result is a t value of 3.009613 with a significance value of 0.4914 indicating that partially dividend policy affects firm value, and in the F test for the fourth hypothesis the result is an F value of 95.57431 with a significance value of 0.000000 which means that net income, capital structure and dividend policy simultaneously affect firm value.
Keywords: Net Income; Capital Structure; Dividend Policy; The value of the company.
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