The Effect of Dividend Policy, Debt Policy, And Profitability on The Value of Automotive Companies Listed on The Indonesia Stock Exchange 2017-2021

The purpose of this research is to find out the effect of dividend policy, in this case, reflected by the Dividend Payout Ratio (DPR), debt policy which is reflected by the Debt-to-Equity Ratio (DER), and profitability which is reflected by the Return on Assets (ROA) of the firm value. reflected by Price to Book Value (PBV). This study uses a population of automotive companies listed on the Indonesia Stock Exchange for the 2017-2021 research period with a research sample of 11 companies selected using the purposive sampling method. The data analysis technique used in this research is multiple linear regression and t-test with a significance value of 0.05. The results of the F test reflect if dividend policy, debt policy, and profitability affect firm value.