Pengaruh Profitabilitas Terhadap Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Variabel Intervening
Authors
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Marwa Abd Aziz
Sekolah Tinggi Ilmu Ekonomi Jambi
-
Fitri Novi Windu
Sekolah Tinggi Ilmu Ekonomi Jambi
Keywords:
Profitabilitas, Nilai Perusahaan, Kebijakan DividenAbstract
Penelitian ini bertujuan untuk menganalisis pengaruh Profitabilitas terhadap Nilai Perusahaan melalui Kebijakan Dividen pada perusahaan manufaktur sektor industri barang konsumsi yang terdaftar Bursa Efek Indoneisa pada tahun 2022-2024.Teknik penarikan sampel penelitian dengan menggunakan metode purposive sampling yaitu sampel dipilih atas dasar kesesuaian karakteristik sampel dengan kriteria pemilihan sampel yang ditentukan. Analisis data dalam penelitian ini menggunakan analisis sederhana menggunakan Smart PLS3. Hasil penelitian ini menunjukkan bahwa Profitabilitas tidak berpengaruh terhadap Nilai Perusahaan, Profitabilitas tidak berpengaruh terhadap Kebijakan Dividen, Kebijakan Dividen berpengaruh terhadap Nilai Perusahaan dan Profitabilitas tidak memiliki pengaruh terhadap Nilai Perusahaan melalui Kebijakan Dividen
References
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Ramalefane, M. O. O. F. A. O. N. Ro. (2025). Examining the Impact of Financial Management on Shareholder Wealth Maximization and Firm Value amidst Global Economic Examining the Impact of Financial Management on Shareholder Wealth Maximization and Firm Value amidst Global Economic. Journal Of Accounting, 7(1), 34–57.
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Bahri, E. S., & Wiksuana, G. B. (2024). The Effect of Dividend Policy and Profitability on Firm Value with Corporate Social Responsibility as A Mediator. International Journal of Entrepreneurship and Bussiness Development, 07(01), 87–94.
Chau, L., Anh, L., & Duc, V. (2025). Valuing ESG?: How financial markets respond to corporate sustainability. International Business Review, 34(3), 102418. https://doi.org/10.1016/j.ibusrev.2025.102418
Dsouza, S., Nasseredine, H., & Habibniya, H. (2025). Do firm-level variables impact dividend pay-out?? Examining application of two-step system GMM panel model. Cogent Social Sciences, 11(1). https://doi.org/10.1080/23311886.2025.2472915
Freeman, R. E., Wicks, A. C., & Parmar, B. (2004). Teoría de las Partes Interesadas y “El Objetivo Corporativo Revisitado”. Stakeholder Theory and “The Corporate Objective Revisited.” Organization Science, 15(3), 364–369. https://doi.org/10.1287/orsc.1040.0066
Ganawati, N., Pratiwi, K. W., Sudirmini, K., & Sariani, K. (2024). The influence of profitability, dividend policy, and institutional ownership as moderating variables on firm value. Journal Of Governancr, Taxxation and Auditing, 3(2), 129–140.
Ghozali, I., & Latan, H. (2015). Partial Least Square Konsep Teknik dan Aplikasi dengan Program Smart PLS 3.0. Universita Diponegoro.
Jonnius, J., & Marsudi, A. S. (2021). PROFITABILITY AND THE FIRM ’ S VALUE. Dinasti International Journa Of Management Science, 3(1), 23–47. https://doi.org/https://doi.org/10.31933/dijms.v3i1
Kartini, N. P. D., & Wirajaya, I. G. A. (2025). Profitability, Leverage, and Sales Growth: The Mediating Role of Dividend Policy in Determining Firm Value. Jurnal Akuntansi, 35(1), 152–164. https://doi.org/10.24843/EJA.2025.v35.i01.p10
Lating, I. S., Ngumar, S., & Mildawati, T. (2019). Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Sustainability Report Sebagai Variabel Moderating Sutjipto Ngumar Titik Mildawati. Equilibrium: Jurnal Ekonomi-Manajemen-Akuntansi, 15(1), 129–144.
Lee, Y., & Njoku, O. E. (2024). Revisiting the Effect of Dividend Policy on Firm Performance and Value?: Empirical Evidence from the Korean Market. International Journal Of Financial Studies, 1(12), 22. https://doi.org/https://doi.org/10.3390/ijfs12010022
Mawardi, M. C. (2025). Managerial Ownership as A Selective Moderator?: Strengthening the Role of Capital Structure and Profitability in Firm Value. Jurnal Ilmiah Akuntansi Dan Bisnis, 20(1). https://doi.org/10.24843/JIAB.2025.v20.i01.p06
Nur, D., Afeeanti, A., & Yuliana, I. (2020). Peran Kebijakan Dividen dalam Memediasi Profitabilitas dan Kebijakan Pendanaan Terhadap Nilai Perusahaan. Jurnal Bisnis Dan Manajemen, 10(2), 161–172. https://doi.org/https://doi.org/10.15408/less.v10i2.1615
Olalere, O. E., & Mukuddem-petersen, J. (2023). Product Market Competition , Corporate Investment , and Firm Value?: Scrutinizing the Role of Economic Policy Uncertainty.
Purba, J., Wulandari, D. S., & Muna, K. N. (2024). Determinants of Corporate Dividend Policy?: A Factorial Analysis. Indonesian Journal Of Economic & Management Sciences (IJEMS), 2(1), 129–140. https://doi.org/https://doi.org/10.55927/ijems.v2i1.8141
Ramalefane, M. O. O. F. A. O. N. Ro. (2025). Examining the Impact of Financial Management on Shareholder Wealth Maximization and Firm Value amidst Global Economic Examining the Impact of Financial Management on Shareholder Wealth Maximization and Firm Value amidst Global Economic. Journal Of Accounting, 7(1), 34–57.
Safitri, R., & Lidyah, R. (2022). Profitability , Good Corporate Governance , Dividend Policy , and Firm Value at ISSI. 21(1), 139–152.
Sujarweni. (2019). Metodologi Penelitian. Pustakabarupress.
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Published
2025-12-17
How to Cite
Aziz, M. A., & Windu, F. N. (2025). Pengaruh Profitabilitas Terhadap Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Variabel Intervening. Islamic Business Insight (ibis), 1(2), 119–128. Retrieved from https://ejournal.stebisigm.ac.id/index.php/ibis/article/view/1793
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