Business Perspective Journal
Vol. 4 No. 1 (2020): Jurnal Perspective Business

THE EFFECT OF OPERATIONS CASH, NET PROFIT, AND DEBT TOWARD THE DEVIDENTIC POLICY ON MANUFACTURING COMPANIES LISTED ON INDONESIA STOCK EXCHANGE

Suryani Suryani (Program Studi Administrasi Bisnis, Universitas Tulang Bawang Lampung)
Suradi Suradi (Jurusan Administrasi Niaga, Universitas Tulang Bawang Lampung)
Ratna Wulandari (Program Studi Administrasi Bisnis, Universitas Tulang Bawang Lampung)



Article Info

Publish Date
23 Apr 2021

Abstract

ABSTRACT This study aims to determine the influence of operation cash flow, net profit, and debt toward the devidentic policy on manufacturing companies listed on the Indonesia Stock Exchange. The research population is manufacturing companies listed on Indonesia Stock Exchange, and continues to distribute dividends to shareholders during the observation period 2015-2018. The sampling technique used in this study is the purposive sampling method and based on the technique, the number of samples that meet the requirements is 10 companies with a period of 4 years (2015-2019), so the number of samples is 40 companies. The analytical method used is Multiple Linear Regression Analysis. The results of study are 1) based on the results of the T Test, the T calculated operation cash flow is 3,026 because the value of T arithmetic 3.026 > T table 1.69 then Ho or the first hypothesis is rejected, it means that there is a partial influence between operation cash flow and dividend policy, 2) based on the results of the T Test, T calculate net profit obtained by -1,451 because the value of T count -1.451 < T table 1.69 then Ho or the first hypothesis is accepted, it means that there is no partial influence between net profit and dividend policy, 3) based on the results of the T-Test, the T-calculated debt obtained by -1,241 because the value of T count -1,241 < T table 1.69 then Ho or the first hypothesis is accepted, it means that there is no partial influence between debt and dividend policy, and 4) based on the F Test, the F calculated independent variable is 6.115 because the F value is 6.115 > F table 2.87, Ho or the first hypothesis is rejected, it means that there is a simultaneous influence between operation cash flow, net profit, and debt toward the devidentic policy. . Keywords: operation cash flow, net profit, debt, and dividend policy

Copyrights © 2021






Journal Info

Abbrev

bpj

Publisher

Subject

Economics, Econometrics & Finance

Description

Business Perspective Journal is an online and printed journal published by the Business Administration Study Program, Faculty of Social and Political Sciences, Tulang Bawang University, Lampung. This journal contains various articles related to research results and studies in the field of business ...