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Pengaruh Financial Distress dan Investment Opportunity Set terhadap Kebijakan Dividen Pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2022-2024 Patricia Yosephine Syahrani Marbun; Esa Setiana; Zainal, Andri; Situmeang, Chandra
Jurnal Publikasi Ekonomi dan Akuntansi Vol. 6 No. 3 (2026): September : Jurnal Publikasi Ekonomi dan Akuntansi
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51903/jupea.v6i3.7244

Abstract

Dividend policy is an important decision regarding the distribution of profits to shareholders, which is influenced by the company’s financial performance and investment opportunities. Companies experiencing financial distress tend to retain earnings, while companies with high investment opportunity sets prioritize internal funding to support growth. This study aims to analyze the effect of financial distress and investment opportunity set on dividend policy in manufacturing firms listed on the IDX during 2022–2024 using secondary data with a purposive sampling method. The analysis was conducted using EViews 12 through panel data regression and hypothesis testing, with the results showing that IOS has a more dominant effect on dividend policy than financial distress