DOI: 10.14704/nq.2022.20.8.NQ44469

Factors Affecting Firm Value in the Consumer Goods Industry Sector

R. Ait Novatiani, Fidya Alfianti Ranita, Azhar Fauzi Suherman

Abstract

This research has a purpose to analyze the factors that influence the firm value, namely profitability, leverage and dividend policy. The population in this study are companies in the consumer goods industry sector listed on the Indonesia Stock Exchange (IDX) for the 2017-2021 period, totaling 75 companies. The sampling technique used purposive sampling in order to obtain 30 companies. Based on the research results prove that the factors that affect the value of companies in the consumer goods industry sector are profitability, leverage and dividend policy. Based on the results of the study indicate that profitability has an effect on firm value, leverage has no effect on firm value and dividend policy affects firm value.

Keywords

Profitability, Leverage, Dividend Policy, Firm Value.

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