PENGARUH LIKUIDITAS (QR), STRUKTUR MODAL, DAN KEBIJAKAN DIVIDEN (DPR) TERHADAP NILAI PERUSAHAAN PADA SUBSEKTOR PERBANKAN YANG TERDAFTAR DI BEI.
Keywords:
Liquidity, Capital Structure, Dividend Policy, Firm Value, BankingAbstract
This study aims to analyze the effect of liquidity (QR), capital structure (DER), and dividend policy (DPR) on firm value (PBV) in the banking subsector listed on the Indonesia Stock Exchange for the 2021-2024 period. The research method employed was quantitative associative with purposive sampling, yielding 49 sample companies. Data were analyzed using multiple linear regression analysis. The results indicate that liquidity has a positive and significant effect on firm value (sig 0.012), capital structure has a negative and significant effect (sig 0.021), and dividend policy has a positive and significant effect (sig 0.003). Simultaneously, all three variables significantly affect firm value with an F-value of 18.743 (sig 0.000). The Adjusted R Square of 50.8% demonstrates the model's ability to explain the variation in firm value.
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