International Research Journal of Innovations in Engineering and Technology - IRJIET International Open Access, Monthly, Peer Reviewed, Reputed Journal ISSN (online): 2581-3048

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DOI Prefix: 10.47001/IRJIET

The Effect of Capital Structure, Dividend Policies, and Working Capital Routing on Company Value and Profitability as Intervening Variables in Property and Real Estate Companies in Indonesia Stock Exchange 2014-2018

Ahmad Badawi SaluyMaster of Management Study Program, Mercu Buana University, IndonesiaEssy Meisha FitriMaster of Management Study Program, Mercu Buana University, IndonesiaSudjonoMaster of Management Study Program, Mercu Buana University, IndonesiaNovawiguna KMaster of Management Study Program, Mercu Buana University, Indonesia

Vol 4 No 10 (2020): Volume 4, Issue 10, October 2020 | Pages: 14-19

International Research Journal of Innovations in Engineering and Technology

OPEN ACCESS | Research Article | Published Date: 31-10-2020

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Abstract

This study aims to examine and analyze the effect of capital structure, dividend policy, and working capital turnover on firm value and profitability as intervening variables in property and real estate companies on the Indonesia Stock Exchange. The research sample was conducted on 7 (seven) property and real estate issuers based on available data or published on the Indonesia Stock Exchange website from 2014 to 2018. The analysis method uses path analysis. The results showed that capital structure has a significant positive effect on profitability, dividend policy has no positive effect on profitability, working capital turnover has no positive effect on profitability, profitability has a significant positive effect on firm value.

Keywords

capital structure, dividend policy, working capital turnover, profitability, firm value


Citation of this Article

Ahmad Badawi Saluy, Essy Meisha Fitri, Sudjono, Novawiguna K, “The Effect of Capital Structure, Dividend Policies, and Working Capital Routing on Company Value and Profitability as Intervening Variables in Property and Real Estate Companies in Indonesia Stock Exchange 2014-2018” Published in International Research Journal of Innovations in Engineering and Technology - IRJIET, Volume 4, Issue 10, pp 14-19, October 2020. https://doi.org/10.47001/IRJIET/2020.410003

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