Detail Cantuman

Corporate value is a condition that describes the achievement of a
company during the process of operation. Increased corporate value is an
achievement that reflects an increase in wealth for shareholder. The purpose of
this study is to determine the effect of moderation dividend policy in the influence
of profitability to the value of the company in manufacturing companies listed on
the Indonesia Stock Exchange period 2014-2016. Based on purposive sampling
technique, there are 18 companies that meet the criteria as the research sample.
Data analysis was done by using moderated regression analysis method. The
results of the analysis prove that, at the 5% level of significance, dividend policy
is not able to moderate the effect of profitability on firm value.