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FAKTOR YANG MEMENGARUHI KEBIJAKAN DIVIDEN PADA PERUSAHAAN DI BURSA EFEK INDONESIA Elisabeth Tri Aryanti Istimawani
E-Jurnal Akuntansi TSM Vol 2 No 2 (2022): E-Jurnal Akuntansi TSM
Publisher : Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (550.341 KB)

Abstract

The purpose of this research is to obtain the empirical evidence about factors which influence dividen policy. The independent variables in this research are firm life cycle, free cash flow, profitability, firm size, asset growth ratio, market to book ratio, firm leverage, managerial ownership, business risk, and the dependent variable is dividend policy. Sample in this research are non financial companies listed in Indonesia Stock Exchange from 2012-2014. The selection of samples used purposive sampling method and there are 87 companies and 261 observations meet those criteria for samples. This research is analyzed using multiple regression analysis. The result of this research show that operating firm size and asset growth ratio have influence to dividend policy. Whereas, firm life cycle, free cash flow, profitability, market to book ratio, firm leverage, managerial ownership, and business risk, over have not influence to dividend policy
FAKTOR-FAKTOR YANG MEMPENGARUHI KEBIJAKAN DIVIDEN PERUSAHAAN TERDAFTAR DI BURSA EFEK INDONESIA Elisabeth Tri Aryanti Istimawani
E-Jurnal Akuntansi TSM Vol 2 No 3 (2022): E-Jurnal Akuntansi TSM
Publisher : Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (580.845 KB) | DOI: 10.34208/ejatsm.v2i3.1660

Abstract

The purpose of this study is to examine the factors that influence dividend policy. The factors are company growth, free cash flow, profitability, investment opportunity set, liquidity, firm size, leverage, company life cycle, asset turnover, and institutional ownership. Population of this research are all of non financial companies listed in Indonesia Stock Exchange from 2010 to 2015. The samples are collected using purposive sampling method and there are 40 companies meet those criteria for samples. This research uses multiple regression method for data analysis. The result of this research indicates that free cash flow, liquidity, firm size, company life cycle, and asset turnover have influence to dividend policy. While company growth, profitability, investment opportunity set, leverage, and institutional ownership do not have influence to dividend policy.
Pengaruh Tata Kelola Perusahaan terhadap Kinerja Perusahaan Calvina Calvina; Elisabeth Tri Aryanti Istimawani
Media Bisnis Vol 13 No 2 (2021): Media Bisnis
Publisher : Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34208/mb.v13i2.1689

Abstract

The purpose of this study is to obtain empirical evidence and to test the factors that affect company performance in Indonesia, by using institutional ownership, board size, audit type, firm size, audit committee, board structure, and managerial ownership variables. The firm performance is measured by using Tobin’s Q. Population of this study is the non-financial companies listed in Indonesia Stock Exchange (IDX) during 2014 to 2016. The sample is obtained by using purposive sampling method. There are 376 samples selected as the final samples. Hypotheses tested by using multiple regression analysis. The results of this studies indicates that institutional ownership, board size, audit type, firm size, and managerial ownership shows impact to company performance in Indonesia. But audit committee, and board structure do not have impact on company performance in Indonesia.