The purpose of this study was to determine the effect of dividend policy which is proxied by the Dividend Payout Ratio on firm value and return equity on firm value. Secondary data were collected in samples from Manufacturing companies listed on the Indonesia Stock Exchange in the period 2014 - 2017. Sampling in this study uses a purposive sampling method with criteria as (1) listed on the Indonesia Stock Exchange in 2014 - 2017. (2) Publish audited financial statements for the 2014-2017 period in Rupiah. (3) Always has an advantage. Statistical test is done by t test and multiple linear regression analysis, before this test is done first classic assumption test. The results of the study show that: 1) Dividend Payout Ratio has a positive and not significant effect on the value of the company proxy by Price Book Value. 2) Based on the results of the study it can be seen that return on equity has a positive and significant effect on the value of the company proxy by Price Book Value
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To cite this article: Sutomo, H., Budiharjo, R. (2019). The Effect of Dividend Policy and Return on Equity on Firm Value, International Journal of Academic Research in Accounting, Finance and Management Sciences 9 (3): 211-220
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