KINERJA: Jurnal Manajemen Organisasi dan Industri
Vol. 2 No. 2 (2023): KINERJA: Jurnal Manajemen Organisasi dan Industri

DIVIDEND POLICY STRATEGY: Moderating the Effect of Financial Conditions and Investment Opportunities on Corporate Profit Growth

Mahendra, Made Indra (Unknown)



Article Info

Publish Date
01 Dec 2023

Abstract

This study aims to determine the effect of the company's financial condition and investment opportunity set on profit growth with dividend policy as a moderation in food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange in 2016-2021. The type of research used is quantitative associative. The data used are secondary data obtained from the Indonesia Stock Exchange for the research period. Sample selection was carried out based on the purposive sampling method with certain criteria so that 19 company samples were obtained. Data processing using statistical program eviews version 10. The research method uses regression analysis, namely t test, f test and moderated regression analysis. The results of the t test show that the company's financial condition has a positive and significant effect on profit growth, the investment opportunity set has a positive and significant effect on profit growth, the company's financial condition and investment opportunity set simultaneously affect profit growth, and the dividend policy is able to moderate the investment opportunity set on profit growth. However, the dividend policy does not moderate the company's financial condition against Profit growth in food and beverage sector companies for the 2016-2021 period.

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Journal Info

Abbrev

kjmb

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

KINERJA: Jurnal Manajemen Organisasi dan Industri (JMOI) accepts all forms of scientific articles that are the results of research/scientific studies from various elements of society (National, International) with study specifications including Industrial Management, Organizational Management, ...