Analysis of Effect of Dividend Policy, Policies Debt, Profitability and Investment Decision in the Value of The Company

Abstract

The purpose of this study was to determine the effect of dividend policy, debt
policy, profitability, and investment decisions in part on the value of the
company.The data used secondary data, with a population of basic chemical
industry research company went public listed on the Indonesia Stock Exchange
2012-2016 period. The sampling technique is purposive sampling of 65 companies
acquired 12 companies basic chemical industry for five years. Results from this
study thatdividend policy (payout ratio) does not affect the value of the company
(price to book value) .kebijakan debt (debt to equity ratio) has no effect on the
value of the company (price to book value). Profitability (return on equity) effect
on firm value (price to book value). investment decisions (price earnings ratio)
effect on firm value (price to book value) Adjusted R2 of 0.399, which means that
the value of the company was affected by the dividend policy, debt policy,
profitability, and investment decisions. While the remaining 60.1% (0.601) is
influenced by other factors outside the research.
Keywords: dividend policy, debt policy, Profitability, Investment Decision, Company
Value