Abstract:
The purpose of exploration is to find out: the Impact of Profitability, Liquidity, Leverage, Capital Structure and Dividend Policy on the Value of State-Owned Enterprises on the Indonesia Stock Exchange (IDX) as of 2016 to 2019. The methodology this exploration is quantitative. The type of information used is optional information as a budget report listed on the IDX. The data selection method used purposive sampling method. The sample amounted to 21 industnies so that the research data analyzed amounted to 84. The analysis technique used Partial Least Square (PLS) through the SmartPLS 3.0 program. Given the consequences of this review shows that (1) Profitability has no significant impact on firm value. (2) Liquidity has no impact on firm value. (3) Leverage does not have a large impact on firm value. (4) Capital structure has no significant impact on firm value. (5) Dividen Policy has a significant effect on firm value