The Influence of Debt Policy, Dividend Policy, Investment Decisions, and Financing Decisions on the Value of Banking Companies on the Indonesia Stock Exchange in 2019-2023

Lutfie Fajriyani  NOVA; Abdul Hafidz  TANJUNG

doi:10.38142/jogta.v4i2.1637

Authors

Lutfie Fajriyani NOVA PASIM National University, Indonesia
Abdul Hafidz TANJUNG PASIM National University, Indonesia

DOI:

https://doi.org/10.38142/jogta.v4i2.1637

Keywords:

Debt Policy, Dividend Policy, Investment Decisions, Financing Decisions, Firm Value

Abstract

This study aims to examine the influence of debt policy, dividend policy, investment decisions, and financing decisions on firm value, both partially and simultaneously. This research was conducted based on the phenomenon that increasing profits are not always followed by positive changes in stock prices, namely, an increase in stock prices. Conversely, when profits decrease, stock prices do not always experience a decrease. The method used in this study is a quantitative method. The population in this study is 43 banking companies listed on the Indonesia Stock Exchange (IDX) for the 2019-2023 period. The sampling technique used was a purposive sampling technique, with 14 banking companies selected as samples. The data analysis method used is descriptive and associative analysis using panel data regression analysis. The data processing tool used in this study is STATA version 16. The results of this study indicate that there is a partial and simultaneous influence on the firm value variable in banking companies listed on the IDX for the 2019-2023 period.

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