Proceedings of the 3th Lawang Sewu International Symposium on Humanities and Social Sciences 2024 (LEWIS HUSO 2024)

Impact of Capital Structure and Profitability on Enterprise Value Moderated by Dividend Policy among Sharia-compliant Companies on the Indonesia Stock Exchange

Authors
Suharti Suharti1, *, Sukamto Sukamto1
1Muhammadiyah University of Semarang, Semarang, Central Java, 50273, Indonesia
*Corresponding author. Email: suharti@unimus.ac.id
Corresponding Author
Suharti Suharti
Available Online 31 May 2025.
DOI
10.2991/978-2-38476-428-0_12How to use a DOI?
Keywords
Capital Structure; Profitability; Devidend Policy; Enterprise Value
Abstract

The current study contributes to xetermine the impact of Capital Structure and Profitability on enterprise value moderated by Dividend Policy among Sharia-compliant Companies on the Indonesia Stock Exchange. Purposive sampling was applied as a method to determine the study samples, namely 40 Islamic companies JII 70 (2019-2022). The study hypotheses were tested through multiple linear regression analysis based on MRA or Moderated Regression Analysis method that was performed through SPSS or Statistical Package for the Social Sciences software. The study findings involved: 1) A positive and significant impact of capital structure on enterprise value, 2) A positive and significant impact of profitability on enterprise value, and 3) Dividend policy was not considered as a significant moderating variable in the impact of capital structure on enterprise value, 4) Dividend policy was not considered as a significant moderating variable in the impact of profitability on enterprise value.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

Volume Title
Proceedings of the 3th Lawang Sewu International Symposium on Humanities and Social Sciences 2024 (LEWIS HUSO 2024)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
31 May 2025
ISBN
978-2-38476-428-0
ISSN
2352-5398
DOI
10.2991/978-2-38476-428-0_12How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Suharti Suharti
AU  - Sukamto Sukamto
PY  - 2025
DA  - 2025/05/31
TI  - Impact of Capital Structure and Profitability on Enterprise Value Moderated by Dividend Policy among Sharia-compliant Companies on the Indonesia Stock Exchange
BT  - Proceedings of the 3th Lawang Sewu International Symposium on Humanities and Social Sciences 2024 (LEWIS HUSO 2024)
PB  - Atlantis Press
SP  - 164
EP  - 176
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-428-0_12
DO  - 10.2991/978-2-38476-428-0_12
ID  - Suharti2025
ER  -