The Effect of Profitability, Liquidity, Activity, Dividend Policy, and Firm Size on Firm Value

The company has long-term goal is to maximize shareholder wealth than can be reached by maximizing the firm's value. This study aims to examine the effect of profitability, liquidity, activity, dividend policy and firm size on firm value. This research was conducted using secondary data collected from the Indonesia Stock Exchange (IDX) and the websites of each company. The sample selection method uses purposive sampling in mining companies listed on the Indonesia Stock Exchange (IDX) in 2016-2020. Data analysis techniques used in this study are multiple linear regression analysis. The results showed that profitability, liquidity, activity, and firm size has an affect on firm value. Whereas dividend policy did not effect firm value.