PENGARUH UKURAN PERUSAHAAN DAN KEPEMILIKAN MANAJERIAL TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN MANUFAKTUR DI BEI PERIODE 2018-2022

Abstract

This study aims to analyze the effect of firm size on firm value, the effect of managerial ownership on firm value, the moderating effect of dividend policy on firm size, and the moderating effect of dividend policy on managerial ownership in manufacturing companies listed on the Indonesia Stock Exchange during the 2018-2022 period. The research method used is an associative method with a quantitative approach. The research sample consisted of 175 financial reports obtained from 35 companies. The results indicate that Firm Size (UP) and Managerial Ownership (KM) significantly influence Firm Value (PBV) in manufacturing companies listed on the Indonesia Stock Exchange during the 2018-2022 period. Dividend Policy does not moderate the effect of Firm Size and Managerial Ownership on Firm Value in manufacturing companies listed on the Indonesia Stock Exchange during the 2018-2022 period.