Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 5, No 1 (2022): Budapest International Research and Critics Institute February

Company Dividend Policy Analysis Compass Index 100 In Indonesia Stock Exchange

Rio Setiono Nugroho (Unknown)
Siti Hidayati (Unknown)



Article Info

Publish Date
18 Feb 2022

Abstract

The purpose of the study was to see the effect of leverage as proxied by Debt to Equity Ratio (DER), profitability as proxied by Return on Equity (ROE), and company size proxied by the natural logarithm of total assets (SIZE) on Dividend Policy proxied by Dividend Payout Ratio (DPR). The population of this study is the Kompas 100 Index Company on the Indonesia Stock Exchange (IDX) for the 2017-2020 period. In determining the sample in this study, purposive sampling technique was used and obtained 44 companies with the Kompas 100 Index and an observation period of four years, so that 176 sample data were obtained. Data analysis used the Microsoft Excel 2019 application and E-views version 12 to test the hypothesis with panel data regression analysis with a significance level of 5%. The results of the study partially show that, (1) Leverage has no effect on Dividend Policy, (2) Profitability has an effect on Dividend Policy, and (3) Company Size has no effect on Dividend Policy.

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Journal Info

Abbrev

birci

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...