The Effect of Leverage, Dividend Policy, Effectiveness, Efficiency, and Firm Size on Firm Value in Plantation Companies Listed on IDX
International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
www.ijsr.net | Most Trusted Research Journal Since Year 2012

ISSN: 2319-7064



Research Paper | Finance | Indonesia | Volume 8 Issue 10, October 2019

The Effect of Leverage, Dividend Policy, Effectiveness, Efficiency, and Firm Size on Firm Value in Plantation Companies Listed on IDX

Aang Munawar

This research aims to test the influence of the variable Leverage (DER), Dividend Payout Ratios (DPR), Effectiveness (TATO), Efficiency (NPM), and Firm Size (Ln-Sales) to the Firm Value (Market Price) of plantations companies listed on the IDX. The population of the plantations listed in IDX is as much as 18 companies, but the plantation companies that have full data from the year 2009 to 2014 are 8 (eight) companies. The type of data used is secondary data by processing data from a company issued report. Subsequent data was analyzed which was preceded by testing the classical assumptions and testing the regression model. The results showed that the suitable regression model is a fixed effect model and partially Effectiveness (TATO), Efficiency (NPM), and Size that influence on the firm value while the leverage (DER), and Dividend Policy (DPR) does not affect on the firm value. Simultanously leverage, dividend policy, effectiveness, efficiency, and firm size affect to firm value.

Keywords: leverage, dividend policy, effectiveness, efficiency, size, firm value

Edition: Volume 8 Issue 10, October 2019

Pages: 244 - 252

Share this Article

How to Cite this Article?

Aang Munawar, "The Effect of Leverage, Dividend Policy, Effectiveness, Efficiency, and Firm Size on Firm Value in Plantation Companies Listed on IDX", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=ART20201693, Volume 8 Issue 10, October 2019, 244 - 252

139 PDF Views | 111 PDF Downloads

Download Article PDF



Similar Articles with Keyword 'leverage'

Research Paper, Finance, Vietnam, Volume 9 Issue 7, July 2020

Pages: 1520 - 1524

The Impact of Inventory Scale, Installment and Financing Policies on Sales Growth of Vietnamese Real Estate Companies

Pham Thi Hong Van, Nguyen Manh Hoai Vu

Share this Article

Research Paper, Finance, Vietnam, Volume 9 Issue 7, July 2020

Pages: 600 - 604

The Impact of Working Capital Management on the Profitability of the Listed Real Estate Companies in Vietnam

Pham Thi Hong Van, Lam Thien Quy

Share this Article

Research Paper, Finance, Vietnam, Volume 9 Issue 7, July 2020

Pages: 1185 - 1190

Determinants of Dividend Policy in Emerging Markets: New Evidence from Asian Countries

Quoc Dat Trinh, Nhat Hoang Anh Trinh

Share this Article

Research Paper, Finance, India, Volume 9 Issue 8, August 2020

Pages: 101 - 103

A Study on Financial Performance of Pharmaceutical Company

Sejal S. Purabiya

Share this Article

Research Paper, Finance, Indonesia, Volume 7 Issue 3, March 2018

Pages: 1323 - 1326

Effect of Employee Stock Ownership Program, Leverage, Size and Growth to Return on Equity at Manufactur Company

Gita Genia Fatihat, Norita

Share this Article

Similar Articles with Keyword 'dividend policy'

Research Paper, Finance, Vietnam, Volume 9 Issue 7, July 2020

Pages: 1185 - 1190

Determinants of Dividend Policy in Emerging Markets: New Evidence from Asian Countries

Quoc Dat Trinh, Nhat Hoang Anh Trinh

Share this Article

Research Paper, Finance, Indonesia, Volume 8 Issue 10, October 2019

Pages: 244 - 252

The Effect of Leverage, Dividend Policy, Effectiveness, Efficiency, and Firm Size on Firm Value in Plantation Companies Listed on IDX

Aang Munawar

Share this Article

Research Paper, Finance, Indonesia, Volume 8 Issue 6, June 2019

Pages: 28 - 36

Liquidity and Profitability to Dividend Policy with IOS as Moderation at Manufacturing Companies Listed on IDX

Erma Muqita Aldini, Budi Santoso, I Nyoman Nugraha Ardana Putra

Share this Article

Similar Articles with Keyword 'effectiveness'

Case Studies, Finance, Tunisia, Volume 8 Issue 8, August 2019

Pages: 1744 - 1749

Scoop on Tunisian Banking System Vulnerabilities and Monetary Policy Features after the Financial Crisis and Political Instability

Salha Ben Salem

Share this Article

M.Tech / M.E / PhD Thesis, Finance, Rwanda, Volume 9 Issue 6, June 2020

Pages: 1154 - 1158

The Effect of ATM on the Growth and Sustainability of Commercial Banks in Rwanda; A Case Study of Ecobank Rwanda

Rutaganda Emmanuel, Mulyungi Patrick

Share this Article

Research Paper, Finance, India, Volume 9 Issue 8, August 2020

Pages: 198 - 202

Measuring the Effectiveness of Altman Z Score on Indian Companies

Anuja Mandvekar

Share this Article

Research Paper, Finance, India, Volume 9 Issue 8, August 2020

Pages: 101 - 103

A Study on Financial Performance of Pharmaceutical Company

Sejal S. Purabiya

Share this Article

Research Paper, Finance, Indonesia, Volume 8 Issue 9, September 2019

Pages: 1647 - 1652

Perspective of Political and Management in the Regional Financial Management Synergy

Anwar, Dina Suryawati, Hermanto Rohman, Honest D Mollasy, Agus Suharsono

Share this Article

Similar Articles with Keyword 'efficiency'

Research Paper, Finance, China, Volume 9 Issue 7, July 2020

Pages: 411 - 412

Research on the Performance of Rural Informal Finance

Pengbo Yang, Min Du

Share this Article

Research Paper, Finance, India, Volume 9 Issue 8, August 2020

Pages: 198 - 202

Measuring the Effectiveness of Altman Z Score on Indian Companies

Anuja Mandvekar

Share this Article

Research Paper, Finance, China, Volume 9 Issue 4, April 2020

Pages: 815 - 823

Analysis of the Effect of Green Finance on Industrial Structure Upgrading

YANG Xiao-lu

Share this Article

Research Paper, Finance, China, Volume 7 Issue 3, March 2018

Pages: 746 - 751

The Research of Internet Finance Supporting Targeted Poverty Alleviation Innovation Model

Juan Shang, Huangrui Du

Share this Article

Research Paper, Finance, Indonesia, Volume 6 Issue 8, August 2017

Pages: 2021 - 2024

Effectiveness and Efficiency Analysis of Regional Financial Management of Kutai Kartanegara

Dr. Indah Martati SE MM

Share this Article

Similar Articles with Keyword 'size'

Research Paper, Finance, China, Volume 9 Issue 9, September 2020

Pages: 1061 - 1064

The Relationship between Portfolio Size and Risk Based on Investor's Utility

Xinliang Xie, Meihua Wang

Share this Article

Research Paper, Finance, Vietnam, Volume 9 Issue 7, July 2020

Pages: 600 - 604

The Impact of Working Capital Management on the Profitability of the Listed Real Estate Companies in Vietnam

Pham Thi Hong Van, Lam Thien Quy

Share this Article

Research Paper, Finance, Vietnam, Volume 9 Issue 7, July 2020

Pages: 1185 - 1190

Determinants of Dividend Policy in Emerging Markets: New Evidence from Asian Countries

Quoc Dat Trinh, Nhat Hoang Anh Trinh

Share this Article

Research Paper, Finance, China, Volume 7 Issue 7, July 2018

Pages: 1469 - 1471

The Application of Option Pricing Model in Financing Guarantee Rate Pricing of Small and Medium-Sized Enterprises

Pengbo Yang, Huan Zhang

Share this Article

Research Paper, Finance, Kenya, Volume 7 Issue 9, September 2018

Pages: 1231 - 1235

Influence of Umurenge Saccos Services on the Growth of Family Business in Rwanda - A Case Study of Umurenge Sacco Kimironko

Ruhumuriza Theogene, Dr. Patrick Mulyungi

Share this Article

Similar Articles with Keyword 'firm value'

Research Proposals or Synopsis, Finance, Vietnam, Volume 9 Issue 1, January 2020

Pages: 626 - 631

Determinants of Firm Value in Vietnam: A Research Framework

Nguyen Thi Le Ha, Bui Trieu Minh

Share this Article

Research Paper, Finance, Indonesia, Volume 9 Issue 2, February 2020

Pages: 11 - 17

Tax Avoidance: Determinant Factors and Impact on Firm Value

Maulida Aulia Rezki, Noer Azam Achsani, Hendro Sasongko

Share this Article

Research Paper, Finance, Indonesia, Volume 8 Issue 10, October 2019

Pages: 244 - 252

The Effect of Leverage, Dividend Policy, Effectiveness, Efficiency, and Firm Size on Firm Value in Plantation Companies Listed on IDX

Aang Munawar

Share this Article
Top