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)
Keywords:
Capital Structure, Company Growth, Dividend Policy, Free Cash Flow, Liquidity, ProfitabilityAbstract
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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