Analysis the Effect of Profitability, Current Ratio, and Ownership Structure on Firm Value

Purpose: This study aims to analyze the effect of profitability, current ratio and ownership structure on firm value and dividend policy as moderation, in manufacturing sector companies listed on the Indonesia Stock Exchange during the period 2020-2023. Design/methodology/approach: This research...

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Main Authors: Dede Muhamad Mahrus, Khofifa Mezza Mariana, Sarah Ramadhini, Rawi Rawi
Format: Article
Language:English
Published: LPPM of Narotama University Surabaya 2025-07-01
Series:IJEBD (International Journal of Entrepreneurship and Business Development)
Subjects:
Online Access:https://jurnal.narotama.ac.id/index.php/ijebd/article/view/3281
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author Dede Muhamad Mahrus
Khofifa Mezza Mariana
Sarah Ramadhini
Rawi Rawi
author_facet Dede Muhamad Mahrus
Khofifa Mezza Mariana
Sarah Ramadhini
Rawi Rawi
author_sort Dede Muhamad Mahrus
collection DOAJ
description Purpose: This study aims to analyze the effect of profitability, current ratio and ownership structure on firm value and dividend policy as moderation, in manufacturing sector companies listed on the Indonesia Stock Exchange during the period 2020-2023. Design/methodology/approach: This research uses an associative method approach and the analysis uses multiple liner regression analysis and moderation regression analysis (MRA). Findings: Profitability, current ratio and ownership structure have a positive effect on firm value. As for the results of the MRA test analysis that dividend policy can moderate profitability, current ratio, and ownership structure affect firm value. Paper type: Research paper.
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id doaj-art-05e5c8ed99ae40ab839eb4a848e186a8
institution Kabale University
issn 2597-4750
2597-4785
language English
publishDate 2025-07-01
publisher LPPM of Narotama University Surabaya
record_format Article
series IJEBD (International Journal of Entrepreneurship and Business Development)
spelling doaj-art-05e5c8ed99ae40ab839eb4a848e186a82025-08-20T03:34:24ZengLPPM of Narotama University SurabayaIJEBD (International Journal of Entrepreneurship and Business Development)2597-47502597-47852025-07-018410.29138/ijebd.v8i4.3281Analysis the Effect of Profitability, Current Ratio, and Ownership Structure on Firm ValueDede Muhamad Mahrus0Khofifa Mezza Mariana1Sarah Ramadhini2Rawi Rawi3Departement of Accounting, Faculty of Economic and Business, Universitas Swadaya Gunung Jati Cirebon, IndonesiaDepartement of Accounting, Faculty of Economic and Business, Universitas Swadaya Gunung Jati Cirebon, IndonesiaUniversitas Swadaya Gunung JatiDepartement of Accounting, Faculty of Economic and Business, Universitas Swadaya Gunung Jati Cirebon, Indonesia Purpose: This study aims to analyze the effect of profitability, current ratio and ownership structure on firm value and dividend policy as moderation, in manufacturing sector companies listed on the Indonesia Stock Exchange during the period 2020-2023. Design/methodology/approach: This research uses an associative method approach and the analysis uses multiple liner regression analysis and moderation regression analysis (MRA). Findings: Profitability, current ratio and ownership structure have a positive effect on firm value. As for the results of the MRA test analysis that dividend policy can moderate profitability, current ratio, and ownership structure affect firm value. Paper type: Research paper. https://jurnal.narotama.ac.id/index.php/ijebd/article/view/3281ProfitabilityCurrent RatioOwnership StructureFirm ValueDividend Policy
spellingShingle Dede Muhamad Mahrus
Khofifa Mezza Mariana
Sarah Ramadhini
Rawi Rawi
Analysis the Effect of Profitability, Current Ratio, and Ownership Structure on Firm Value
IJEBD (International Journal of Entrepreneurship and Business Development)
Profitability
Current Ratio
Ownership Structure
Firm Value
Dividend Policy
title Analysis the Effect of Profitability, Current Ratio, and Ownership Structure on Firm Value
title_full Analysis the Effect of Profitability, Current Ratio, and Ownership Structure on Firm Value
title_fullStr Analysis the Effect of Profitability, Current Ratio, and Ownership Structure on Firm Value
title_full_unstemmed Analysis the Effect of Profitability, Current Ratio, and Ownership Structure on Firm Value
title_short Analysis the Effect of Profitability, Current Ratio, and Ownership Structure on Firm Value
title_sort analysis the effect of profitability current ratio and ownership structure on firm value
topic Profitability
Current Ratio
Ownership Structure
Firm Value
Dividend Policy
url https://jurnal.narotama.ac.id/index.php/ijebd/article/view/3281
work_keys_str_mv AT dedemuhamadmahrus analysistheeffectofprofitabilitycurrentratioandownershipstructureonfirmvalue
AT khofifamezzamariana analysistheeffectofprofitabilitycurrentratioandownershipstructureonfirmvalue
AT sarahramadhini analysistheeffectofprofitabilitycurrentratioandownershipstructureonfirmvalue
AT rawirawi analysistheeffectofprofitabilitycurrentratioandownershipstructureonfirmvalue