ABSTRACT

This study aims to analyze the effect of dividend policy, debt policy, and company size on firm value in the food and beverages subsector of manufacturing companies listed on the Indonesia Stock Exchange. The sampling method used in this study is the purposive sampling method, which is a sampling method based on specific criteria. Samples that meet the criteria in this study are 35 data manufacturing companies in the food and beverages subsector on the Indonesia Stock Exchange in the period 2013–2017. The analysis used is multiple regression analysis that serves to see the effect of the independent variables on the dependent variable, which is preceded by the classic assumption test that consists of the normality test, multicollinearity test, autocorrelation test, and heteroscedasticity test. While hypothesis testing is done using the F test and t-test. The results of data analysis or regression results indicate that partially dividend policy, debt policy, and company size influence the value of the company. Simultaneously dividend policy, debt policy and company size contribute influence of 72.8% to the level of the dependent variable, namely the value of the company.