West Science Accounting and Finance
Vol. 3 No. 01 (2025): West Science Accounting and Finance

The Impact of Dividend Policy, Capital Structure, and Company Growth on Financial Performance in Manufacturing Companies Listed on the IDX

Judijanto, Loso (Unknown)
Setiawan, Puguh (Unknown)



Article Info

Publish Date
28 Mar 2025

Abstract

This study examines the effect of dividend policy, capital structure, and company growth on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange (IDX). Using a quantitative approach, data were collected from 110 samples and analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The results reveal that all three factors—dividend policy, capital structure, and company growth—positively and significantly influence financial performance. Capital structure demonstrated the strongest impact, highlighting its critical role in optimizing financial outcomes. These findings emphasize the importance of strategic financial management in manufacturing firms to sustain growth and enhance profitability.

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Journal Info

Abbrev

wsaf

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Accounting & Finance is a scientific publication published by Westscience Press, which aims to be a creative forum for academics, professionals, researchers, and students in the fields of Accounting and Finance including the fields of Auditing, Accounting Information Systems, Corporate ...