Analysis The Impact Of Capital Structure And Profitability On Dividend Policy: Case Study Of Manufacturing Firm In Indonesia

miswanto, miswanto and Prasetyo, Fajar Ardy (2019) Analysis The Impact Of Capital Structure And Profitability On Dividend Policy: Case Study Of Manufacturing Firm In Indonesia. International Conference on Management & Entrepreneurship.

	Text Turnitin Result Miswanto.pdf Download (2MB)
	Text ANALYSIS THE IMPACT OF CAPITAL STRUCTURE AND PROFITABILITY ON DIVIDEND POLICY CASE STUDY OF MANUFACTURING FIRM IN INDONESIA.pdf Download (1MB)
	Text koresponden miswanto.pdf Download (552kB)

Abstract

This research was done to test the impact of capital structure and profitability on dividend policy. This research examines manufacturing firms listed in IDX (Indonesia Stock Exchange) period 2011–2014. The companies studied are 120 manufacturing firms. The main source of research data is from Indonesia Capital Market Directory (ICMD). Sampling in this study takes purposive sampling method. The analysis system uses multiple linear regression and panel data. The results of research on the effect of capital structure to dividend policy indicates that Book Debt to Asset Ratio and Long Term Debt to Equity Ratio have a negative effect on dividend policy. Book Debt to Equity Ratio has a positive impact on dividend policy. The results of research on the effect of profitability to dividend policy indicates that Return on Asset, Return on Equity, and Net Profit Margin do not have a positive impact on dividend policy. The findings of this study are that the capital structure influences dividend policy, but profitability does not influence dividend policy.

Item Type:	Article
Uncontrolled Keywords:	Capital structure, debt, dividend, equity, profitability.
Subjects:	MANAJEMEN > Sumber Daya Manusia
Divisions:	Dosen STIE YKPN > Artikel > Jurnal
Depositing User:	Unnamed user with email webmaster@stieykpn.ac.id
Date Deposited:	31 Mar 2023 08:04
Last Modified:	09 Apr 2023 07:07
URI:	http://repositorybaru.stieykpn.ac.id/id/eprint/835

Actions (login required)

View Item