The Influence of Dividend Policy and Corporate Social Responsibility on Company Values

Ni Kadek Piora Puspita; I Dewa Nyoman Badera

doi:10.24843/EJA.2026.v36.i03.p11

Authors

Ni Kadek Piora Puspita Faculty of Economics and Business, Universitas Udayana, Indonesia
I Dewa Nyoman Badera Faculty of Economics and Business, Universitas Udayana, Indonesia

DOI:

https://doi.org/10.24843/EJA.2026.v36.i03.p11

Keywords:

Dividend Policy; Corporate Social Responsibility; Company Value

Abstract

The company value is a crucial aspect that needs to be considered because it reflects the company's performance, which can influence investors' perceptions of the company. This study aims to investigate the impact of dividend policy and corporate social responsibility on company value, using the company's age as a control variable. The study was conducted on all listed companies on the Indonesia Stock Exchange from 2019 to 2022. The sampling method used was purposive sampling, resulting in 112 observational data samples. The analysis technique used in this study was multiple linear regression, assisted by SPSS software. The study's results show that dividend policy and corporate social responsibility have a positive impact on company value.

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