The Impact of Sustainable Financing, Dividend Policy, and Capital Structure on Firm Value: An Empirical Study of Banks Listed on the Indonesia Stock Exchange
Abstract
Keywords
Full Text:
PDFReferences
Aslindar, Dwi Astarani, and Utami Puji Lestari. "Pengaruh profitabilitas, likuiditas dan peluang pertumbuhan terhadap nilai perusahaan dengan struktur modal sebagai variabel intervening." Dinamika Akuntansi Keuangan dan Perbankan 9.1 (2020): 91-106. https://www.unisbank.ac.id/ojs/index.php/fe9/article/view/8232
Ainunnisa, D., Oktaviani, D., & Risman, A. (2024). The Effect of Risk Management on Profitability: Empirical Study of Banking Companies Listed in Indonesian Stock Exchange 2019-2023. Indikator: Jurnal Ilmiah Manajemen dan Bisnis, 8(3), 99-109. http://dx.doi.org/10.22441/indikator.v8i3.28287
Baker, M., & Wurgler, J. (2002). Market timing and capital structure. The Journal of Finance, 57(1), 1-32. https://doi.org/10.1111/1540-6261.00414
Brigham, E. F., & Houston, J. (2001). Manajemen keuangan (Hermawan Wibowo, Penerjemah; Edisi Kedelapan, Buku II). Jakarta: Erlangga. (Original work published in English).
Brigham, E. F., & Houston, J. F. (2019). Fundamentals of Financial Management. Cengage Learning.
Eugene, F., & Houston, J. F. (2004). Fundamentals of Financial Management (11th ed.). Pearson.
Fabozzi, F. J., & Drake, P. P. (2010). Analysis of Financial Statements. Wiley
Gordon, M. J. (1963). The savings, investment, and valuation of a corporation. The Journal of Finance, 18(1), 33-47.
https://doi.org/10.1111/j.1540-6261.1963.tb01442.x
Guttman, I., Asfihan, M., & Sartono, J. (2008). Dividend smoothing and earnings expectations: The case of Indonesian companies. Journal of Corporate Finance, 12(2), 121-136.
Hanifa, A. (2024). Pengaruh Green Finance, Kinerja Lingkungan, dan Corporate Social Responsibility Disclosure terhadap Nilai Perusahaan. Universitas Mercu Buana. Diambil dari https://repository.mercubuana.ac.id
Harahap, S. (2003). Analisis pengaruh struktur modal terhadap nilai perusahaan: Perspektif keuangan dan manajerial. Jakarta: Salemba Empat.
Hikmah, K., Risman, A., Rotinsulu, C. N. M., & Judijanto, L. (2023). Manajemen Keuangan dan Bisnis (Teori dan Praktik). (CV Saba Jaya Publisher).
Kraus, A., & Litzenberger, R. H. (1973). A state-preference model of optimal financial leverage. The Journal of Finance, 28(4), 911-922. https://doi.org/10.1111/j.1540-6261.1973.tb01415.x
Kuosuwan, B., Risman, A., Dudukalov, E., & Kozlova, E. (2024). Digital banking and environmental impact: How Fintech supports carbon footprint reduction. BIO Web of Conferences, 145. https://doi.org/10.1051/bioconf/202414505017
LPPI. (2021). Penerapan Pembiayaan Keuangan Berkelanjutan di Indonesia. Lembaga Pengembangan Perbankan Indonesia. https://lppi.or.id/penerapan-pembiayaan-keuangan-berkelanjutan-di-indonesia
Modigliani, F., & Miller, M. H. (1958). The cost of capital, corporation finance, and the theory of investment. The American Economic Review, 48(3), 261-297. https://www.jstor.org/stable/1809766
Modigliani, F., & Miller, M. H. (1963). Corporate income taxes and the cost of capital: A correction. The American Economic Review, 53(3), 433-443. https://www.jstor.org/stable/1809167
Modigliani, F., & Miller, M. H. (1961). Dividend policy, growth, and the valuation of shares. The Journal of Business, 34(4), 411-433. https://doi.org/10.1086/294442
Myers, S. C., & Majluf, N. S. (1984). Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics, 13(2), 187-221. https://doi.org/10.1016/0304-405X(84)90023-0
Otoritas Jasa Keuangan (OJK). (2017). Peraturan OJK No. 51/POJK.03/2017 tentang Penerapan Keuangan Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan Perusahaan Publik. Otoritas Jasa Keuangan. https://www.ojk.go.id
Otoritas Jasa Keuangan (OJK). (2021). OJK Siapkan Roadmap Keuangan Berkelanjutan 2021-2025 Hadapi Perubahan Iklim. Pasar Modal OJK. https://pasarmodal.ojk.go.id
Puspitarini, A. (2022). Pengaruh kebijakan dividen terhadap nilai perusahaan pada perusahaan manufaktur di Indonesia. Universitas Mercu Buana. Diambil dari https://publikasi.mercubuana.ac.id
Risman, A. (2021). Kurs mata uang dan nilai perusahaan. CV. Pena Persada.
Risman, A., Prowanta, E. & Siswanti, I. (2021). Behavioral Corporate Finance. Yogyakarta: Penerbit KBM Indonesia
Risna, P. (2024). The dynamic relationship between dividend policy and firm value in the context of emerging markets. International Journal of Business Studies, 32(4), 45-59. https://doi.org/10.2139/ssrn.4152349
Sari, I., & Hidayat, S. (2020). Dividend policy and firm value in Indonesian listed companies. Indonesian Journal of Business and Economics, 17(1), 12-25. https://doi.org/10.1016/j.indjbe.2020.01.005
Silitonga, A. (2021). The impact of dividend policy on firm value: Evidence from manufacturing companies listed on the Indonesia Stock Exchange (IDX). Journal of Accounting and Finance, 20(2), 55-68. https://doi.org/10.1080/23456789.2021.1234567
Sitorus, R. (2022). The effect of dividend policy on market value: A study of state-owned enterprises in Indonesia. Journal of Corporate Governance, 18(3), 134-147. https://doi.org/10.2139/ssrn.3945783
Sudana, I. M. (2011). Manajemen Keuangan Perusahaan: Teori dan Aplikasi. Salemba Empat.
Sugiyono. (2016). Metode penelitian kuantitatif, kualitatif, dan R&D. Alfabeta.
Supriyadi, B., & Subiakto, T. (2020). Struktur modal dan nilai perusahaan: Studi pada perusahaan sektor keuangan di Indonesia. Jurnal Keuangan dan Perbankan, 24(2), 175-190.
Susilowati, S., Junaidi, J., & Wulandari, F. (2020). Pengaruh Pembiayaan Berkelanjutan terhadap Kinerja Perusahaan di Indonesia. Jurnal Manajemen dan Kewirausahaan, 22(1), 1-10. https://doi.org/10.9744/jmk.22.1.1-10
Sutrisno, T., Wahyudi, D., & Agustina, L. (2020). Dampak Pembiayaan Berkelanjutan terhadap Nilai Perusahaan di Indonesia. Jurnal Keuangan dan Perbankan, 24(2), 247-259. https://doi.org/10.26905/jkdp.v24i2.4109
Susi, A. (2023). Pengaruh struktur modal terhadap nilai perusahaan pada perusahaan publik di Indonesia. Jurnal Ekonomi dan Bisnis, 28(1), 1-15.
Spence, M. (1973). Job market signaling. Quarterly Journal of Economics, 87(3), 355-374. https://doi.org/10.2307/1882010
Yulianto, A., Suryani, I., & Rizal, F. (2021). Peran Pembiayaan Berkelanjutan dalam Meningkatkan Nilai Perusahaan: Bukti Empiris dari Indonesia. Jurnal Akuntansi dan Keuangan, 15(3), 210-224. https://doi.org/10.30588/jak.15.3.210-224
Zahro, K. F. (2023). Pengaruh Kebijakan Dividen, Keputusan Investasi, dan Kepemilikan Saham Internasional Terhadap Nilai Perusahaan. Repository Universitas Jember. https://repository.unej.ac.id/xmlui/handle/123456789/119386
DOI: http://dx.doi.org/10.22441/jimb.v11i2.31259
Refbacks
- There are currently no refbacks.
Copyright (c) 2025 Jurnal Ilmiah Manajemen dan Bisnis

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Jurnal Ilmiah Manajemen dan Bisnis
Fakultas Ekonomi dan Bisnis Universitas Mercu Buana
Jl. Raya Meruya Selatan, Kembangan, Jakarta 11650
Tlp./Fax: +62215871335
ISSN: 2460-8424
E-ISSN: 2655-7274
http://publikasi.mercubuana.ac.id/index.php/jimb
This journal is indexed by:
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.