THE EFFECT OF ERM, FIRM SIZE, LEVERAGE, PROFITABILITY AND DIVIDEND POLICY ON FIRM VALUE (EVIDENCE FROM FOOD & BEVERAGE SUB SECTOR COMPANIES LISTED IN IDX 2015-2019)

Enterprise risk management (ERM), firm size, leverage, profitability, and dividend policy is believed have an impact on value. However empirical evidence thus still considered scarce. The objectives of this study to determine the effect ERM, value either simultaneously partially. This used purposive sampling technique. samples in 14 companies listed traded Indonesia Stock Exchange. data analysis method multiple linier regression. ERM variable measured with a dummy, Ln total asset measure size. Debt equity ratio as proxy return assets payout policy, then Tobin’s Q results indicate simultaneous significant between independent variables Partial test shows that leverage profitability positive & size negative coefficient no effect, while has but does not