This study aims to determine managerial
ownership, institutional ownership, liquidity, leverage,
and profitability on firm value with dividend policy as a
moderating variable. This type of research is
explanatory research with a quantitative approach. The
population used in this study are property and real
estate companies listed on the Indonesia Stock
Exchange from 2010 to 2018. The sampling technique
uses purposive sampling so that the selected sample is
16 companies. This study uses descriptive statistical
data analysis and multiple linear regression analysis.
The results of this study indicate that 1). Managerial
Ownership, Institutional Ownership, and Liquidity do
no effect on Company Value. 2). Leverage has a
negative and significant impact on Company Value. 3).
Profitability has a positive and significant impact on
Company Value. 4). Dividend Policy cannot moderate
the effect of the Managerial Ownership relationship on
Company Value. 5). Dividend policy can partially
influence the relationship of Institutional Ownership,
Liquidity, Leverage, and Profitability to Company
Keywords : Managerial Ownership, Institutional Ownership, Liquidity, Leverage, Profitability, Dividend Policy, Company Value.