The Effect of Dividend Policy, Company Size and Capital Structure on The Company's Value in Mining Companies Listed on The Indonesian Stock Exchange Period 2020-2023

Winni Natalia Pardede; Dompak Pasaribu; Rahel Junita Nainggolan

doi:10.55927/ijbae.v4i3.164

Authors

Winni Natalia Pardede Universitas Methodist Indonesia
Dompak Pasaribu Universitas Methodist Indonesia
Rahel Junita Nainggolan Universitas Methodist Indonesia

DOI:

https://doi.org/10.55927/ijbae.v4i3.164

Keywords:

Capital Structure, Company Size, Company Value, Dividend Policy

Abstract

The focus is on examining factors affecting the company's value on the IDX 2020-2023. Indirect information from the annual mining report on the IDX. Multiple linear regression data analysis. Population of 63 e ntities, the research took 12 entities that met the intentional criteria. Analyzed with SPSS 26. The t-test indicates that the elements of dividend policy have a good but weak impact on corporate value, company size has a positive and meaningful impact on the company's valuation, and capital structure has a negative but meaningless impact on corporate valuation. Simultaneous results have a significant impact on corporate value. The findings indicate that independent elements can explain the company's value variable by 12.8%, while the remaining 87.2% are affected by external elements of this study model.

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