The Influence of Dividend Policy, Employee Behavior, Corporate Social Responsibility (CSR), and Profitability, Health on the Value of Industrial Sector Companies Listed on the Indonesian Stock Exchange

Yuni Sulastri Br Sinaga

Authors

Yuni Sulastri Br Sinaga Universitas Medan Indonesia Author

Keywords:

Health on, the Value of Industrial , Sector Companies

Abstract

This study aims to analyze the influence of dividend policy, corporate social responsibility (CSR), and profitability on firm value in the industrial sector listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. Firm value is measured using the Price to Book Value (PBV) ratio, dividend policy is measured using the Dividend Payout Ratio (DPR), CSR is measured using a disclosure index based on the GRI G4 indicators, and profitability is measured using Return on Assets (ROA). The research method employed is a quantitative approach with multiple linear regression analysis. The results show that, partially, dividend policy has no effect on firm value, and CSR has no effect on firm value, while profitability has an effect on firm value. Simultaneously, dividend policy, CSR, and profitability have a significant influence on firm value. These findings indicate that companies need to consider the efficiency of CSR implementation and the improvement of profitability to more optimally enhance firm value.

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