Volume 06 Issue 12 December 2023
1Michael, 2Luh Putu Puji Trisnawati
1,2Accounting Department at Pradita University, Banten-Indonesia
DOI : https://doi.org/10.47191/ijsshr/v6-i12-65Google Scholar Download Pdf
ABSTRACT
The purpose of this study was to determine and explain the effect of debt policy, investment decisions and profitability on their relationship in leveraging firm value. The method used in this research is quantitative research with an explanatory research approach. The sample used in this research is consumer goods companies listed on the Indonesia Stock Exchange in 2019-2021 using multiple linear regression as a data analysis tool. The results of the study show that partially the investment decision variable has a positive and significant effect on firm value. The variables of debt policy and profitability partially have no effect on firm value. The results showed debt policy, investment decisions, profitability, simultaneously have a significant effect on firm value
KEYWORDS:debt policy, investment decision, profitability, firm value
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