Firm value model from the perspective of firm profitability and dividend-paying behavior with dividend payout as a mediator
This study aims to analyze and explain the firm value model from the perspective of a firm’s profitability and dividend-paying behavior with dividend payout as a mediator. The population used is the stock in the LQ45 Index for the 2017-2019 period. The sample was determined using the judgment sampl...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Master Program in Economics, Graduate Program of Universitas Jambi
2022-10-01
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| Series: | Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
| Subjects: | |
| Online Access: | http://online-journal.unja.ac.id/JES/article/view/14628 |
| _version_ | 1797974451890946048 |
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| author | Iskandar Iskandar Syamsurijal Tan Tona Aurora Lubis Asep Machpudin |
| author_facet | Iskandar Iskandar Syamsurijal Tan Tona Aurora Lubis Asep Machpudin |
| author_sort | Iskandar Iskandar |
| collection | DOAJ |
| description |
This study aims to analyze and explain the firm value model from the perspective of a firm’s profitability and dividend-paying behavior with dividend payout as a mediator. The population used is the stock in the LQ45 Index for the 2017-2019 period. The sample was determined using the judgment sampling type purposive sampling method to obtain 26 companies. The analytical method used is Partial Least Square (PLS). The study results show that a firm’s profitability can increase dividend payout, but firm’s profitability is not able to increase the firm’s value. Dividend-paying behavior does not affect dividend payout, but the behavior of paying dividends can increase the company's value. Dividend payout can increase the value of the company. On the other hand, dividend payout cannot mediate firm’s profitability to firm value, but on the contrary, dividend payout can mediate the behavior of dividend payout to firm value.
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| first_indexed | 2024-04-11T04:20:09Z |
| format | Article |
| id | doaj.art-037cd74cf5b84b5dba161381cdb4f7a3 |
| institution | Directory Open Access Journal |
| issn | 2338-4603 2355-8520 |
| language | English |
| last_indexed | 2024-04-11T04:20:09Z |
| publishDate | 2022-10-01 |
| publisher | Master Program in Economics, Graduate Program of Universitas Jambi |
| record_format | Article |
| series | Jurnal Perspektif Pembiayaan dan Pembangunan Daerah |
| spelling | doaj.art-037cd74cf5b84b5dba161381cdb4f7a32022-12-30T16:20:14ZengMaster Program in Economics, Graduate Program of Universitas JambiJurnal Perspektif Pembiayaan dan Pembangunan Daerah2338-46032355-85202022-10-0110410.22437/ppd.v10i4.14628Firm value model from the perspective of firm profitability and dividend-paying behavior with dividend payout as a mediatorIskandar Iskandar0Syamsurijal Tan1Tona Aurora Lubis2Asep Machpudin3Economics Doctoral Study Program, Faculty of Economics and Business, Universitas Jambi, IndonesiaDevelopment Economics Study Program, Faculty of Economics and Business, Universitas Jambi, IndonesiaManagement Study Program, Faculty of Economics and Business, Universitas Jambi, IndonesiaManagement Study Program, Faculty of Economics and Business, Universitas Jambi, Indonesia This study aims to analyze and explain the firm value model from the perspective of a firm’s profitability and dividend-paying behavior with dividend payout as a mediator. The population used is the stock in the LQ45 Index for the 2017-2019 period. The sample was determined using the judgment sampling type purposive sampling method to obtain 26 companies. The analytical method used is Partial Least Square (PLS). The study results show that a firm’s profitability can increase dividend payout, but firm’s profitability is not able to increase the firm’s value. Dividend-paying behavior does not affect dividend payout, but the behavior of paying dividends can increase the company's value. Dividend payout can increase the value of the company. On the other hand, dividend payout cannot mediate firm’s profitability to firm value, but on the contrary, dividend payout can mediate the behavior of dividend payout to firm value. http://online-journal.unja.ac.id/JES/article/view/14628Dividend payoutDividend paying behaviorFirm valueFirm’s profitabilityIndonesia Stock Exchange |
| spellingShingle | Iskandar Iskandar Syamsurijal Tan Tona Aurora Lubis Asep Machpudin Firm value model from the perspective of firm profitability and dividend-paying behavior with dividend payout as a mediator Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Dividend payout Dividend paying behavior Firm value Firm’s profitability Indonesia Stock Exchange |
| title | Firm value model from the perspective of firm profitability and dividend-paying behavior with dividend payout as a mediator |
| title_full | Firm value model from the perspective of firm profitability and dividend-paying behavior with dividend payout as a mediator |
| title_fullStr | Firm value model from the perspective of firm profitability and dividend-paying behavior with dividend payout as a mediator |
| title_full_unstemmed | Firm value model from the perspective of firm profitability and dividend-paying behavior with dividend payout as a mediator |
| title_short | Firm value model from the perspective of firm profitability and dividend-paying behavior with dividend payout as a mediator |
| title_sort | firm value model from the perspective of firm profitability and dividend paying behavior with dividend payout as a mediator |
| topic | Dividend payout Dividend paying behavior Firm value Firm’s profitability Indonesia Stock Exchange |
| url | http://online-journal.unja.ac.id/JES/article/view/14628 |
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