JSE: Jurnal Sharia Economica
Vol. 4 No. 4 (2025): Oktober

THE INFLUENCE OF DER, ROE ON DPR OF COMPANIES LISTED IN THE MES BUMN 17 INDEX

Widjiantoro, Surya Tegar (Unknown)
Segati, Ahda (Unknown)
Muda, Iskandar (Unknown)
Soemitra, Andri (Unknown)
Yusrizal (Unknown)



Article Info

Publish Date
10 Oct 2025

Abstract

This study aims to analyze the effect of Debt- to-Equity Ratio (DER) and Return on Equity (ROE) on Dividend Payout Ratio (DPR) in companies listed in the MES BUMN 17 Index and also included in LQ45. The research employs a quantitative explanatory approach using panel data, with analysis conducted through EViews. The t-test results indicate that DER has a significant negative effect on DPR, while ROE is not significant. The F-test shows that DER and ROE simultaneously have a significant effect on DPR. The coefficient of determination (R²) of 0.260 reveals that most variations in DPR are influenced by other factors outside the model.

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Journal Info

Abbrev

JSE

Publisher

Subject

Economics, Econometrics & Finance

Description

JSE: Jurnal Sharia Economica(E-ISSN : 2828-4585)|(P-ISSN: 2828-5514) is a journal publishes a scientific papers on the results of the study or research and review of the literature in the scope and focus of Islamic Economics. Editor accepts the article has not been published in other media with the ...