Effect of Capital Structure, Liquidity, Profitability, Dividend Policy, Company Growth, and Free Cash Flow on Company Value

(Study on the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange)

Authors

  • Resky Rahayu Department of Management, Faculty of Economics and Business, Halu Oleo University, Indonesia
  • Dedy Takdir Syaifuddin Department of Management, Faculty of Economics and Business, Halu Oleo University, Indonesia
  • Wahyuniati Hamid Department of Management, Faculty of Economics and Business, Halu Oleo University, Indonesia
  • Valentinus Amstrong Department of Management, Faculty of Economics and Business, Halu Oleo University, Indonesia

Keywords:

Capital Structure, Company Growth, Dividend Policy, Free Cash Flow, Liquidity, Profitability

Abstract

This study examines the effects of capital structure, liquidity, profitability, dividend policy, company growth, and free cash flow on firm value. The object of this study is the Food and Beverage Sub-Sector, which is listed on the Indonesia Stock Exchange for the 2017-2021 period. The results indicate that the Capital Structure variable has an insignificant negative effect on firm value, liquidity has an insignificant positive effect on firm value, profitability has a significant positive effect on firm value, Dividend Policy has a significant positive effect on firm value, Company Growth has an insignificant negative effect on firm value, and Free Cash Flow has no significant positive effect on firm value.

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Published

2023-09-20

How to Cite

Rahayu, R., Syaifuddin, D. T. ., Hamid, W. ., & Amstrong, V. . (2023). Effect of Capital Structure, Liquidity, Profitability, Dividend Policy, Company Growth, and Free Cash Flow on Company Value: (Study on the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange). Indonesian Annual Conference Series, (Proceedings of IACS-HOICEB), 162-167. Retrieved from https://ojs.literacyinstitute.org/index.php/iacseries/article/view/1133