@article{pub3648, note = {Harmono NIDN: 0707106501}, publisher = {International Organization of Scientific Research (IOSR)}, volume = {20}, doi = {https://doi.org/10.9790/487X-2007081422}, year = {2018}, number = {7}, month = {July}, journal = {IOSR Journal of Business and Management (IOSR-JBM)}, pages = {14--22}, title = {Effect of Profitability of Corporate Values through Dividend Policy}, issn = {p-ISSN: 2319-7668 ; e-2278-487X}, abstract = {The purpose of this study is to analyze the effect of profitability on the corporate value through dividend policy. The research was conducted on manufacturing companies listed in Indonesia Stock Exchange from 2012 to 2016. A total of 35 companies were Obtained based on the criteria: the company must be a manufacturing industry type, the company publishes the annual financial statements continuously for five consecutive years, the company must show a positive balance of total equity and positive earnings for five consecutive years and the company is steadily paying cash dividends every year. Mathematical models that reflect the causal relationship between endogenous variables and exogenous variables in this study using path analysis. The results showed that profitability has a significant effect on dividend policy, and corporate value. Profitability and dividend policy have a significant effect on corporate value. Furthermore, profitability has a significant effect on the corporate value through dividend policy.}, url = {http://www.iosrjournals.org/iosr-jbm/pages/20(7)Version-8.html}, author = {Ananda, Anton Ferry and Sanusi, Anwar and Harmono, Harmono}, keywords = {profitability, dividend policy, corporate value} }