The purpose of this study is to obtain empirical evidence of Good Corporate Governance in mediating profitability on firm value. The sample used in this study were all Industrials sector companies listed on the Indonesia Stock Exchange for the 2019-2023 period using the purposive sampling method. The software analysis used was WarpPLS version 8.0. The results of this study indicate that the capital structure and profitability variables directly have a negative effect on firm value and the dividend policy variable directly shows a positive effect on firm value. The test results prove that Good Corporate Governance is able to mediate the effect of profitability on firm value.

The objective of this study is to ascertain and examine the impact of the following factors on dividend policy in health sector companies listed on the Indonesia Stock Exchange for the 2019–2023 period: profitability ratio, ownership structure, capital structure, and company size. The study employed the following variables: the dependent variable (Y), which is Dividend Policy proxied by Dividend Payout Ratio (DPR); the independent variable (X) is the Profitability Ratio proxied by Return on Assets (ROA); the ownership structure proxied by Institutional Ownership (KI); the capital structure proxied by Debt to Equity Ratio (DER); and the company size proxied by Ln (TA). Purposive sampling was used to gather the sample for this investigation. Ten businesses were chosen as research samples based on the criteria and data processing procedure outlined. The study's findings show that the profitability ratio, ownership structure, capital structure, and company size all have an impact on dividend policy at the same time. Dividend policy is influenced by the profitability ratio to some extent. In part, the dividend policy of health sector companies listed on the Indonesia Stock Exchange for the 2019–2023 period is unaffected by ownership structure, capital structure, and company size.