Ekonomi Bisnis
Vol 17, No 1 (2012)

FINANCIAL RATIO AND DIVIDEND POLICY OF COMPANY LISTED ON INDONESIAN STOCK EXCHANGE YEAR 2006-2008

Sri Sumariyati (Gunadarma University)
Henny Medyawati (Gunadarma University)



Article Info

Publish Date
14 Aug 2012

Abstract

The determination of dividend policy is influenced by two factors: financial and nonfinancial factors. The study focuses more on financial aspects that directly describe the condition of a company. The purpose of the study is thus to examine the effect of financial ratios which are consists of Return on Investment (ROI), Cash Ratio, Debt to Equity Ratio (DER), and Earning per Share (EPS) on dividend policy. Dividend policy was measured using Dividend Payout Ratio (DPR). Result shows that ROI, CR, DER and EPS significantly influence DPR simultaneously. Partially, DER shows dominant influence on DPR.Key Words : Return on Investment, Cash Ratio, Debt to Equty Ratio, Earning per Share, Dividend Payout Ratio

Copyrights © 2012






Journal Info

Abbrev

ekbis

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Jurnal Ilmiah Ekonomi Bisnis is a journal through a peer-review process. Jurnal Ilmiah Ekonomi Bisnis is intended for academics and researchers to publish their articles which is an original text that has not been published in another journal. The focus and scope are in the fields of management, ...