Pharmaceutical Stock Prices Soar with Strong Dividend Policies in Indonesia.
The article explores how dividend policy and stock price impact the value of pharmaceutical companies listed on the Indonesia Stock Exchange. The researchers analyzed data from five companies in the pharmaceutical sector from 2014 to 2016. They found that both dividend policy and stock price positively influence the company's value. The relationship between these factors is moderate, with 35.6% of the value variation explained by dividend policy and stock price. The study suggests that investors should consider these factors before investing in pharmaceutical companies, as they play a significant role in determining the company's overall value.