Abstract

The purpose of this research was to know the influence of the financial performance of firm value with dividend policy as moderating variables. The variables used were Return On Equity, Debt to Equity Ratio as independent variable, Firm Value as dependent variable and Dividend Policy as moderating variable. Sampling method used purposive sampling in manufacturing companies listed LQ-45 index from 2011-2015 and it was obtained 10 companies of them are used as the samples. This study used secondary data with documentation as collect data method. This study used simple regression and absolute residual as data analysis. The result showed that ROE had significant positive effect on PBV, DPR had significant positive effect on relationship between ROE and PBV, DER had significant positive effect on PBV, DPR had significant positive effect on relationship between ROE and PBV. The results of this research are expected to help management consider investment opportunities company in the future

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