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Influence of Investment Opportunity Set, Effective Tax Rateand Firm Size on Dividend Policy with Liquidity as a Moderation Variable Lintang Anggi Permatasari
Jurnal Mantik Vol. 5 No. 1 (2021): May: Manajemen, Teknologi Informatika dan Komunikasi (Mantik)
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/mantik.Vol5.2021.1255.pp26-34

Abstract

This study aimed to analyze empirical evidence about the effect of investment opportunity set, effective tax rate, and firm size on dividend policy with liquidity as a moderating variable. This research uses 90 manufacture company listed at BEI in the periode 2014-2018. The analyze method used is SEM-PLS and sample selection was carried out using purposive sampling method. The results showed the investment opportunity set and firm size have a negative effect on dividend policy. Effective tax rate has a positive effect on dividend policy.Liquidity cannot moderate the effect of investment opportunity set and effective tax rate on dividend policy butliquidity moderate the effect of firm size on dividend policy.