PENGARUH LEVERAGE DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN DIVIDEN SEBAGAI VARIABEL MODERASI

The goal of the company in prospering shareholders who have invested their capital is to increase the value of the company. Investors have the right to obtain financial information on financial statements before investing.This study aims to examine the influence of leverage, profitability, and dividends on company value with dividend policy as a moderation variable. The method in this study implements an associative quantitative approach. The population used is all manufacturing industries that have been and are still listed on the Indonesia Stock Exchange in 2020-2022. In this study, purposive sampling is used in sample collection or based on certain benchmarks. The data in this study was analyzed using SmartPLS software. The results of this study show that Leverage does not have a positive and significant effect on company value, Profitability has a positive and significant effect on company value, Dividends have a positive and significant effect on company value, Dividends are not able to significantly moderate the influence of Leverage and Profitability on company value.