Herlina Rasjid, The Effect of Asset
Management, Liabilities and Company Growth on The
Company's Value with Dividend Policy as An
Intervening Variable in the Banking Industry on the
Indonesia Stock Exchange. Under the guidance of
promoter Djayani Nurdin and co-promoter Muhammad
Yunus Kasim.
This research is a study that aims to test and prove
empirically on the Influence of Asset Management,
Liabilities and Company Growth on The Value of
Companies with Dividend Policy as Intervening
Variables in the Banking Industry on the Indonesia
Stock Exchange. The population of this study as many as
44 banks listed on the Indonesia Stock Exchange and
that meet the sample criteria are 12 banks with the data
used is secondary data, namely bank financial
statements that do not lose money and banks that
consistently distribute dividends, so that the amount of
amatan analyzed to 60 units during 5 years 2015-2019.
The data is sourced from the Indonesia Stock Exchange
and the Financial Services Authority (website:
www.idx.go.id - www.ojk.go.id) as the authority holders
of the banking industry. Testing is done with path
analysis (AMOS). The results of the analysis Asset
management that discusses the company's activities is a
series of activities related to identifying asset needs,
planning the needs of funds, acquiring assets, providing
maintenance and renewing or removing assets so as to
meet their objectives effectively and efficiently; liability
or liability is a payable or benefit payable to a third
party in the future. Liabilities also show that the process
of controlling the pasiva can be a source of liquidity as
well as a short-term policy and strategy in achieving an
annual plan in an effort to achieve profitability; the
company's growth is a percentage change in the
company as seen from the change in profit whether there
is an increase or decrease in a period; Dividend policy is
a decision to determine how much dividends should be
distributed to shareholders or will be held in the form of
retained earnings for future investment financing or the
bank's ability to pay dividends to shareholders and the
value of the company is the success rate of a company
associated with the share price so that a high share price
will make the company's value also high , and increase
market confidence not only in the company's current
performance but also in the company's future prospects;
Asset management has a positive and significant effect
on the value of the company while liabilities have a
positive and insignificant effect on the value of the
company and the growth of the company negatively and
insignificantly affects the value of the company
Keywords : Asset Management, Liabilities, Company Growth, Dividend Policy, Company Value.