Pengaruh Kebijakan Dividen, Kepemilikan Institusional, Profitabilitas, Non Performing Loan (NPL) dan Kebijakan Hutang Terhadap Nilai Perusahaan pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Periode 2018 - 2021

Abstract

This research is to find out how big the influence of Dividend Policy, Institutional Ownership, Profitability, Non Performing Loan (NPL) and Debt Policy on Company Value in Banking Companies Listed on the Indonesia Stock Exchange for the 2018-2021 Period. The type of research used is causal associative. The population used in this study are banking companies listed on the Indonesia Stock Exchange for the period 2018-2021, totaling 43 banking companies. Samples were selected using purposive sampling method as many as 12 companies and 48 observations. Data collection is carried out using secondary data in the form of bank annual reports and financial statements 2018-2021. The analysis carried out is a classical assumption test and then hypothesis testing is carried out using multiple linear regression models. The results showed that simultaneously all variables had a positive effect on firm value, while the partial results showed that only profitability variables had a positive effect on firm value. For the variables of dividend policy, institutional ownership, profitability, Non Performing Loan (NPL) and debt policy have no effect on firm value.