PENGARUH STRUKTUR MODAL DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL INTERVENING PADA PERUSAHAAN SEKTOR  FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA

Ryan Ali Artofkh; Beti Nurbaiti; Pratiwi Nila Sari

doi:10.55681/armada.v1i8.774

Authors

Ryan Ali Artofkh Universitas Bhayangkara Jakarta Raya
Beti Nurbaiti Universitas Bhayangkara Jakarta Raya
Pratiwi Nila Sari Universitas Bhayangkara Jakarta Raya

DOI:

https://doi.org/10.55681/armada.v1i8.774

Keywords:

Kebijakan Dividen, Nilai Perusahaan, Struktur Modal, Ukuran Perusahaan

Abstract

Penelitian ini bertujuan untuk membahas pengaruh struktur modal dan ukuran perusahaan terhadap nilai perusahaan dengan kebijakan dividen sebagai variabel intervening yang terdaftar di Bursa Efek Indonesia. Populasi yang digunakan pada penelitian ini adala perusahaan food and beverage yang terdaftar di Bursa Efek Indonesia. Teknik penggunaan sampel yang digunakan yaitu metode purposive sampling dan memperoleh sampel sebesar 16 perusahaan selama 5 tahun sehingga hasil perolehan sampel yang dapat digunakan sebesar 80 data. Jenis data yang digunakan adalah data sekunder yang mudah diperoleh dari laporan keuangan tahunan perusahaan. Metode analisis yang digunakan pada hipotesis ini berupa uji statistik deskriptif, uji asumsi klasik, uji analisis jalur, dan uji sobel. Selanjutnya hasil dari penelitian ini menunjukkan bahwa secara parsial struktur modal berpengaruh negatif signifikan terhadap nilai perusahaan, ukuran perusahaan berpengaruh positif signifikan terhadap nilai perusahaan, pada kebijakan dividen mampu memperkuat pengaruh struktur modal dan ukuran perusahaan terhadap nilai perusahaan.

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