The Influence of Economic Value Added (EVA) and Dividend Policy on Firm Value of PT Oscar Mitra Sukses Sejahtera Tbk

Abstract

This study aims to analyze the influence of Economic Value Added (EVA) and dividend policy on firm value at PT Oscar Mitra Sukses Sejahtera Tbk. The research uses a quantitative approach with secondary data obtained from the company’s financial statements. Data analysis was carried out using multiple linear regression tests to determine the extent to which EVA and dividend policy affect firm value. The results show that EVA has a significant positive effect on firm value, indicating that the higher the EVA, the greater the firm’s value. Meanwhile, dividend policy also has a positive but insignificant effect on firm value. This suggests that although dividend distribution can enhance investor confidence, the main factor influencing firm value is the company’s ability to generate economic added value.