Indonesian Financial Review
Vol. 3 No. 1 (2023)

Effect of Debt Level and Liquidity on Dividend the Pharmaceutical Sub-Sector Listed on the IDX from 2015 to 2020

Mohamad Safii (Pamulang University)
Hendy Surahman (University of Pamulang)



Article Info

Publish Date
05 Jul 2023

Abstract

This study aims to determine the effect of debt levels and liquidity on profit persistence (an empirical study of companies in the pharmaceutical sub-sector consumer goods industry listed on the IDX for the 2015-2020 period). This type of research is a quantitative approach research with descriptive analysis method. Samples were taken using purposive sampling technique. A sample of 60 data from 10 companies in the pharmaceutical sub-sector consumer goods industry listed on the Indonesia Stock Exchange in 2015-2020. The data analysis technique used is descriptive statistical techniques and panel data regression using Eviews 9. partially the debt level variable has no effect on dividends, partially the liquidity variable has no effect on dividends and simultaneously the level of debt and liquidity has a simultaneous effect on dividends.

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Journal Info

Abbrev

IFR

Publisher

Subject

Economics, Econometrics & Finance

Description

The intent of the Editors of The Indonesia Financial Review is to discuss, explore, and disseminate the latest issues and developments in Empirical Financial Economics (JEL classification: G), particularly those related to financial frictions in the Emerging Markets. The others are accepted such as ...