American Journal of Economic and Management Business (AJEMB)
The Role of Dividend Policy in Mediating the Influence of Capital Structure, Profitability, and Investment Opportunities on Firm Value
Firm value is an indicator of investor confidence and corporate performance, particularly in Indonesia’s food and beverage sector, where market valuation fluctuated during 2019–2025. This study examines the effects of capital structure, profitability, and investment opportunity on firm value, while assessing dividend policy as a mediating variable. A quantitative design was employed using secondary data from annual reports and financial statements of food and beverage companies listed on the Indonesia Stock Exchang …