Faktor-Faktor Yang Berpengaruh Terhadap Nilai Perusahaan Pada Perusahaan Property dan Real Estate Yang Terdaftar Di BEI Periode 2020-2024

Authors

  • Selina Dila Profita Universitas Stikubank (UNISBANK) Semarang
  • Maryono Maryono Universitas Stikubank (UNISBANK) Semarang
  • Batara Daniel Bagana Universitas Stikubank (UNISBANK) Semarang

DOI:

https://doi.org/10.35870/jemsi.v12i3.6471

Keywords:

Firm Value, Profitability, Capital Structure, Investment Decisions, Dividend Policy, Firm Size

Abstract

The primary objective of this study is to analyze how financial variables specificall, investment decisions, dividend policy, and firm size shape firm value within the real estate and property industry on the Indonesia Stock Exchange (IDX) for the 2020-2024 period. Employing a quantitative approach, this research processed annual data from 80 selected samples. The results of the hypothesis testing reveal several compelling findings: influence firm value. Conversely, dividend policy proved to be a powerful positive driver demonstrated a significant negative effect. Collectively, these variables influence firm value simultaneously, leading to the conclusion that dividend mechanisms serve as the most crucial instrument for investor valuation within the property sector.

 

Downloads

Download data is not yet available.

Author Biographies

  • Selina Dila Profita, Universitas Stikubank (UNISBANK) Semarang

    3 Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Stikubank (UNISBANK) Semarang, Semarang, Indonesia.

  • Maryono Maryono, Universitas Stikubank (UNISBANK) Semarang

    3 Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Stikubank (UNISBANK) Semarang, Semarang, Indonesia.

  • Batara Daniel Bagana, Universitas Stikubank (UNISBANK) Semarang

    Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Stikubank (UNISBANK) Semarang, Semarang, Indonesia.

References

Agung, G., Hasnawati, S., & Huzaimah, R. A. F. (2021). The effect of investment decision, financing decision, and dividend policy on firm value: Study on food and beverage industry listed on the Indonesia Stock Exchange, 2016-2018. Jurnal Bisnis Dan Manajemen, 17(1), 1–12.

Arifianto, M., & Chabachib, M. (2016). Analisis faktor-faktor yang mempengaruhi nilai perusahaan: Studi kasus pada perusahaan yang terdaftar pada indeks LQ-45 periode 2011-2014. Diponegoro Journal of Management, 5(1), 1–12.

Hantono. (2015). Pengaruh current ratio dan debt to equity ratio terhadap profitabilitas pada perusahaan manufaktur sektor logam dan sejenisnya yang terdaftar di Bursa Efek Indonesia periode 2009–2013. Jurnal Wira Ekonomi Mikroskil, 5(1), 21–29.

Harmono. (2017). Manajemen keuangan berbasis balanced scorecard: Pendekatan teori, kasus, dan riset bisnis. Jakarta: Bumi Aksara.

Hery. (2017). Riset akuntansi. Jakarta: Gramedia Widiasarana Indonesia.

Hery. (2018). Analisis laporan keuangan. Jakarta: Grasindo.

Hidayat, I., & Khotimah, K. (2022). Pengaruh profitabilitas dan ukuran perusahaan terhadap nilai perusahaan sub sektor kimia. Jurnal Ilmiah Akuntansi Kesatuan, 10(1), 1–8.

Kasmir. (2019). Analisis laporan keuangan. Jakarta: PT Raja Grafindo Persada.

Mursalin, Hendragunawan, Alamzah, N., & Sanusi, A. (2015). Financial decision, innovation, profitability, and company value: Study on manufacturing company listed in Indonesian Stock Exchange. Journal Information Management and Business Review, 7(2), 72–78.

Oktrima, B., & Sutrisno, B. (2023). Effect of capital structure and profitability on company values. International Journal of Educational Administration, Management, and Leadership, 4(1), 13–20.

Riyanto, B. (2017). Dasar-dasar pembelanjaan perusahaan. Yogyakarta: Yayasan Badan Penerbit Gadjah Mada.

Vernando, J., & Erawati, T. (2020). Pengaruh ukuran perusahaan terhadap nilai perusahaan dengan struktur modal sebagai variabel intervening: Studi empiris di BEI. Jurnal Riset Manajemen dan Bisnis, 15(1), 13–25.

Wira, D. (2020). Analisis fundamental saham. Jakarta: Exceed.

Downloads

Published

2026-06-01

Issue

Section

Articles

How to Cite

Profita, S. D., Maryono, M., & Bagana, B. D. (2026). Faktor-Faktor Yang Berpengaruh Terhadap Nilai Perusahaan Pada Perusahaan Property dan Real Estate Yang Terdaftar Di BEI Periode 2020-2024. JEMSI (Jurnal Ekonomi, Manajemen, Dan Akuntansi), 12(3), 2492-2502. https://doi.org/10.35870/jemsi.v12i3.6471

Similar Articles

You may also start an advanced similarity search for this article.

Most read articles by the same author(s)