Pengaruh Struktur Modal, Perputaran Kas Dan Kebijakan Deviden Terhadap Nilai Perusahaanpada PT. Bank Sumut

Abstract

This study aims to determine the Effect of Capital Structure (XI), Cash Turnover (X2), and Dividend Policy (X3) on Company Value (Y). This type of research used in this research is quantitative research. The population in this study is the financial statements of the Bank of North Sumatra in 2015 to 2018. The sample of this study is the statement of financial position, income statement and statement of changes in equity of the Bank of North Sumatra in 2015 to 2018. Types of data used are quantitative data, the source of data used in research This is secondary data in the form of North Sumatra Bank's financial statements, data collection techniques using the documentation method. This study uses multiple linear analysis techniques using the help of Spss Version 18. The process of data analysis performed first is the classic assumption test, multiple linear regression then hypothesis testing. The results showed that partially Capital Structure (XI) had a negative and significant effect on Company Value, Cash Turnover (X2) had a positive and significant effect on Company Value and Dividend Policy (X3) had a positive and significant effect on Company Value.