PENGARUH STRUKTUR MODAL DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN PADA PT. UNILEVER INDONESIA, TBK PERIODE 2014-2023

Abstract

This study aims to determine the effect of Capital Structure and Dividend Policy on Company Value at PT. Unilever Indonesia, Tbk for the 2014-2023 Period, both partially and simultaneously. The type of research used is quantitative research, which is descriptive in nature. The data collection technique used is secondary data that has been published, the data used is obtained from the company's balance sheet and income statement taken from the official website of PT. Unilever Indonesia, Tbk for the 2014-2023 Period. The data analysis method used in this study is descriptive statistics, classical assumption tests, and also uses simple and multiple linear regression data analysis techniques, determination coefficient analysis, and hypothesis testing (t-test and F-test). From the test results using partial test (t-test) the Capital Structure (DER) variable has a significant effect on Company Value (PBV) with a calculated t value > t_table (- 7.265 > 2.365) and a significance value <0.05 (0.001 <0.05). Dividend Policy (DPR) has a significant effect on Company Value (PBV) with a calculated t value > t_table (- 5.923 > 2.365). And a significant value <0.05 (0.001 <0.05). Simultaneously (F-test) the Capital Structure (DER) and Dividend Policy (DPR) variables have a significant effect on Company Value (PBV) with a calculated F value > F_table (2252.534 > 4.74). and a significant value <0.05 (0.001 <0.05). The determination coefficient test shows a value of 99.80% while the rest is 0.2%.