The Effect of Debt Policy, Profitability and Managerial Ownership on Company Value

  • Darti Djuharni Sekolah Tinggi Ilmu Ekonomi Malangkucecwara Malang, Indonesia
  • Adhin Achmad Kuncahyo Sekolah Tinggi Ilmu Ekonomi Malangkuçeçwara Malang, Indonesia
  • Sonhaji Sonhaji Sekolah Tinggi Ilmu Ekonomi Malangkucecwara Malang, Indonesia
  • Hanif Mauludin Sekolah Tinggi Ilmu Ekonomi Malangkuçeçwara Malang, Indonesia
DOI: https://doi.org/10.61242/ijabo.24.386
Keywords: company value, debt policy, dividend policy, managerial maintenance, profitability

Abstract

The purpose of this study is to determine the effect of debt policy, profitability, and managerial ownership on company value mediated by dividend policy. Data was obtained from the Indonesia Stock Exchange without financial sector companies during the period 2019-2021. The population for this type of company was 264, with a purposively determined sample of 35 companies obtained over three years of observation. The results of this study show that debt policy is not able to have a positive and significant influence on company value, but profitability is able to have a positive and significant influence on company value, In addition, managerial ownership is able to have a positive and significant influence on company value, The results of this study show that dividend policy cannot mediate positively and significantly the effect of policy Debt to company value, also cannot mediate positively and significantly the effect of profitability on company value, and cannot mediate positively and significantly the effect of managerial ownership on company value

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Published
2024-05-04
How to Cite
Djuharni, D., Kuncahyo, A. A., Sonhaji, S., & Mauludin, H. (2024). The Effect of Debt Policy, Profitability and Managerial Ownership on Company Value. International Journal Administration, Business & Organization, 5(1), 21-38. https://doi.org/10.61242/ijabo.24.386
Issue
Vol. 5 No. 1 (2024): IJABO
Section
Research Articles

Copyright (c) 2024 Darti Djuharni, Adhin Achmad Kuncahyo, Sonhaji Sonhaji, Hanif Mauludin

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