The Effect of Debt Policy, Dividend Policy, and Profitability on Company Value in the Transportation Sub-Sector Listed on the Indonesia Stock Exchange (IDX) for the 2021-2025 Period

Abstract

This study aims to analyze the effect of debt policy, dividend policy, and profitability on firm value in transportation sub-sector companies listed on the Indonesia Stock Exchange during 2021–2025. This research employed a quantitative method with a sample of 7 companies selected through purposive sampling and analyzed using multiple linear regression. The results indicate that debt policy has no significant effect on firm value, while dividend policy and profitability have a positive and significant effect on firm value. Simultaneously, the three variables significantly affect firm value.