Jurnal Studi Manajemen Organisasi
Vol 17, No 1 (2020)

PERAN GOOD CORPORATE GOVERNANCE SEBAGAI MEDIASI PENGARUH KINERJA KEUANGAN TERHADAP KEBIJAKAN DIVIDEN

andi kartika (Universitas Stikubank)
Cahyani Nuswandari (Unknown)



Article Info

Publish Date
22 Feb 2022

Abstract

This study aims to examine the role of mediating good corporate governance the effect of the financial performance of corporate to the dividend policy. The financial performance under study includes ROA, CR, DER, Growth, and FCF. The population of this study are companies that included in the CGPI ranking and listed on the Indonesia Stock Exchange, with the Purposive Sampling technique, by corporate that shares the benefist such as dividen to shareholders on the year of CGPI’s ranking, corporate that stated the financial statements per December 31st in IDR currency. The analysis technique used was to use multiple regression and path analysis. The results of this study indicate that ROA has a significant negative effect on the DPR, CR, FCF and GCG has a significant positive effect to the DPR, DER, and Growth does not have any effect to the DPR. Growth has a significant negative effect to the DPR. ROA, and CR have no negative effect on GCG, DER has no positive effect on GCG, Growth has a negative effect on GCG, FCF has a significant positive effect on GCG, meanwhile ROA, CR, DER does not have any effect to GCG. GCG is able to mediating the effect of FCF to the DPR.

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Journal Info

Abbrev

smo

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Studi Manajemen Organisasi merupakan peer-reviewed academic journal yang terbit mulai 2007 yang di publikasikan Departemen Manajemen Fakultas Ekonomika dan Bisnis Universitas Diponegoro. Jurnal Studi Manajemen Organisasi menerbitkan artikel konseptual dan empiris di bidang manajemen. JSMO ...