PENGARUH KEBIJAKAN DIVIDEN DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN MANUFAKTUR SUB-SEKTOR KOSMETIK YANG TERDAFTAR DI BEI PERIODE 2016-2020

Abstract

ABSTRACT

The purpose of this study was to determine the effect of dividend policy and firm size
on firm value in the cosmetic sub-sector manufacturing companies listed on the
Indonesia Stock Exchange for the 2016-2020 period.The method used in this study is a quantitative method. The sample used in this study were 6 companies. The sampling
technique used is purposive sampling. Sources of data used in this study is secondary
data. Data analysis was performed using SPSS Version 23.The results of this study
reveal that 1) dividend policy does not have a significant positive effect on firm value
in the right cosmetics sub-sector manufacturing company as evidenced by tcount of
0.179 (0.179 < 3.183) and a significance value of 0.859 (0.859 > 0.05). 2) company
size has a negative effect on firm value in the cosmetics sub-sector manufacturing
company, this is evidenced by tcount -2,909 (-2,909 < 3.184) and a significance value
of 0.007 (0.007 < 0.05). 3) dividend policy and firm size have a positive influence on
firm value in the cosmetic sub-sector manufacturing companies, this is evidenced by
fcount of 4.280 (4.280 < 6.94) and a significance value of 0.24 (0.24 > 0.05) .

Keywords: Dividen Policy;Company Size;Company Value.