effect of company profitability and dividend policy on firm value PT Bukit Asam TBK

The purpose of this study is to obtain empirical evidence of Coal Prices, Profitability and Dividend Policy on PT Bukit Asam Tbk value listed on the Indonesia Stock Exchange. The sampling technique used purposive sampling, the research samples obtained totalled 1 company with quarterly research period from 2012-2022 so that there were 44 units of analysis. The research design was quantitative descriptive. The analysis technique in this research is multiple regression analysis method. The results showed that Coal Price has a significant positive effect, Profitability and Dividend Policy have no effect on PT Bukit Asam Tbk value. The implication of this research is that companies must pay attention to Coal Price that can affect stock price so that company value can increase.

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Publication Details

Journal
International journal of business economics & management
Published
2024-11-19
DOI
https://doi.org/10.21744/ijbem.v7n4.2337
Primary Topic
Financial Analysis and Corporate Governance
Type
article
Field-Weighted Citation Impact
0.00
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article

effect of company profitability and dividend policy on firm value PT Bukit Asam TBK

Mohamad Adam, Marlina Widiyanti, Lukluk Fuadah, Meri Amalia Utami
International journal of business economics & management
Financial Analysis and Corporate Governance
article

effect of company profitability and dividend policy on firm value PT Bukit Asam TBK

Mohamad Adam, Marlina Widiyanti, Lukluk Fuadah, Meri Amalia Utami
article en

Abstract

The purpose of this study is to obtain empirical evidence of Coal Prices, Profitability and Dividend Policy on PT Bukit Asam Tbk value listed on the Indonesia Stock Exchange. The sampling technique used purposive sampling, the research samples obtained totalled 1 company with quarterly research period from 2012-2022 so that there were 44 units of analysis. The research design was quantitative descriptive. The analysis technique in this research is multiple regression analysis method. The results showed that Coal Price has a significant positive effect, Profitability and Dividend Policy have no effect on PT Bukit Asam Tbk value. The implication of this research is that companies must pay attention to Coal Price that can affect stock price so that company value can increase.

International journal of business economics & managementVol. 7(4)
Sriwijaya University (ID)
Openalex Percentile: Top 66%
Financial Analysis and Corporate Governance
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