Dividend Policy as A Mediation Variable the Effect of Good Company Governance and Profitability on Company Value

Chandra Fiqtyandi Al Kaff

Abstract


Every business entity that has transformed into a public company has a fundamental obligation to improve the welfare of its investors. Optimizing company value is a crucial step that is always the focus of management to maintain the loyalty of existing investors and attract the attention of potential new investors to invest their capital. This study is designed to evaluate the function of Dividend Policy as a variable that mediates the impact of Good Corporate Governance (GCG) and the level of Profitability on Company Value. The analytical approach applied relies on quantitative methods, with the target population being corporations in the Construction sector that are officially operating and listed on the Indonesia Stock Exchange (IDX). To calculate and test the hypothetical relationship between variables, the researcher utilizes Partial Least Square (PLS) software as the main statistical test instrument.


Keywords


Company Values; Dividend Policy; Good Corporate Governance; Profitability.

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References


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DOI: https://dx.doi.org/10.30659/jrbi.v23i2.52849

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