International Journal of Public Budgeting, Accounting and Finance
Vol 2 No 3 (2019): Journal of Public Budgeting, Accounting and Finance

THE EFFECT OF LIQUIDITY, PROFITABILITY, GROWTH OF SALES AND FIRM SIZE ON DIVIDEND POLICY WITH CAPITAL STRUCTURE AS MODERATING VARIABLES IN CONSUMPTION GOODS INDUSTRY SECTOR COMPANY LISTED IN INDONESIA STOCK EXCHANGE

Shavira, Dea Iffah (Unknown)



Article Info

Publish Date
25 Oct 2019

Abstract

The purpose of this study is to examine and analyse the components of liquidity, profitability, sales growth and firm size affect the dividend policy with capital structure as a moderating variable in the consumer goods industry sector companies listed on the Indonesia Stock Exchange. This research was conducted by observing manufacturing companies in the consumer goods industry sector in the Indonesia Stock Exchange in the period 2014 - 2018. The sampling technique used the census method. Hypothesis testing with panel data regression and analysis is done using the Eviews application tool. The results of this study prove that partially the profitability and sales growth variables affect dividend policy while the liquidity and firm size variables do not affect dividend policy. Whereas the results of capital structure research as a moderating variable prove that partially capital structure variables do not influence in moderating the effect of liquidity, profitability and firm size variables on dividend policy, conversely capital structure have an effect in moderating the effect of sales growth on dividend policy.

Copyrights © 2019






Journal Info

Abbrev

ijpbaf

Publisher

Subject

Economics, Econometrics & Finance

Description

The International Journal of Public Budgeting, Accounting and Finance (IJPBAF) publishes original research in all areas that utilizes tools from basic disciplines such as economics, statistics, psychology, social and sociology. This research typically uses analytical, empirical archival, ...