Analisis Kebijakan Dividen pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia
Keywords:
Profitability, Debt Policy, Profitability, Investment Opportunities, Company Size, Dividend Policy.Abstract
Organizations that frequently distribute profits to their investors are seen as effective organizations because, in such cases, organizations can deliver profits steadily, reflecting stable monetary conditions. This study aims to empirically test and analyze the effect of managerial ownership, debt policy, profitability, investment opportunities, and company size on dividend policy. The population in this study were all manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange in 2019-2021. The determination of the sample in this study was obtained by the purposive sampling method, so that the number of samples in this study was 156. The analysis technique used was multiple linear regression analysis Based on the results of the analysis, it is known that Managerial Ownership does not have a significant effect on the Dividend Policy of manufacturing companies listed on the Indonesia Stock Exchange. Debt Policy does not have a significant effect on the Dividend Policy of manufacturing companies listed on the Indonesia Stock Exchange. Profitability has a positive and significant effect on the Dividend Policy of manufacturing companies listed on the Indonesia Stock Exchange. Investment opportunities do not have a significant effect on the Dividend Policy of manufacturing companies listed on the Indonesia Stock Exchange. Company size has a positive and significant effect on the Dividend Policy of manufacturing companies listed on the Indonesia Stock Exchange.
References
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