Analysis the Effect of Profitability, Current Ratio, and Ownership Structure on Firm Value

Dede Muhamad Mahrus; Khofifa Mezza Mariana; Sarah Ramadhini; Rawi Rawi

doi:10.29138/ijebd.v8i4.3281

Dede Muhamad Mahrus Departement of Accounting, Faculty of Economic and Business, Universitas Swadaya Gunung Jati Cirebon, Indonesia
Khofifa Mezza Mariana Departement of Accounting, Faculty of Economic and Business, Universitas Swadaya Gunung Jati Cirebon, Indonesia
Sarah Ramadhini Universitas Swadaya Gunung Jati
Rawi Rawi Departement of Accounting, Faculty of Economic and Business, Universitas Swadaya Gunung Jati Cirebon, Indonesia

DOI: https://doi.org/10.29138/ijebd.v8i4.3281

Keywords: Profitability, Current Ratio, Ownership Structure, Firm Value, Dividend Policy

Abstract

Purpose: This study aims to analyze the effect of profitability, current ratio and ownership structure on firm value and dividend policy as moderation, in manufacturing sector companies listed on the Indonesia Stock Exchange during the period 2020-2023.

Design/methodology/approach: This research uses an associative method approach and the analysis uses multiple liner regression analysis and moderation regression analysis (MRA).

Findings: Profitability, current ratio and ownership structure have a positive effect on firm value. As for the results of the MRA test analysis that dividend policy can moderate profitability, current ratio, and ownership structure affect firm value.

Paper type: Research paper.

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