The Effect of Dividend Policy, Profitability and Institutional Ownership on Company Value
Keywords:
Dividend Policy, Profitability, Institutional Ownership, Corporate ValueAbstract
This study aims to analyze the Effect of Dividend Policy, Profitability, and Institutional Ownership on the Company Value of Banks in Indonesia (Case Study of Banks Listed on IDX for the 2018-2022 Period). This study uses Company Value as the dependent variable. While the independent variable uses Dividend Policy, Profitability, and Institutional Ownership. This study used a quantitative approach with pooled data. The study population is the annual report of banks listed on the Indonesia Stock Exchange (IDX) for the 2018-2022 period. The sample selection method in this study used the purposive sampling method. The data analysis technique used in this study is multiple regression analysis. Based on the results of data analysis, the Dividend Policy has a negative and insignificant effect on the Company's Value with a significant value of 0.072. Profitability has a negative and significant effect on the Company Value with a significant value of 0.000. Institutional Ownership has a negative and significant effect on the Company's Value with a significant value of 0.000. Thus, the variables of Dividend Policy, Profitability, and Institutional Ownership were able to influence the variables of Company Value by 70.3% and the remaining 29.7% were influenced by other variables that were not analyzed in this study
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