Pengaruh Likuiditas, Leverage, Kebijakan Hutang, Kepemilikan Manajerial, Dan Earning Per Share Terhadap Kebijakan Dividen Pada Perusahaan Sub Sektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Tahun 2020-2022
Keywords:
Liquidity, leverage, debt policy, ownership managerial, earning per share, dividend policyAbstract
Dividend policy is an inseparable element in decision making regarding company funding. The dividend policy set by a company can provide information about a company's performance. Each company implements a different dividend policy because it can affect the value of the company when the company distributes dividends to its shareholders. The decision to distribute dividends will be made after the company makes a profit. This research aims to explain the influence of Liquidity, Leverage, Debt Policy, Managerial Ownership and Earnings Per Share on Dividend Policy in Food and Beverage Sub-Sector Companies Listed on the Indonesia Stock Exchange in 2020-2022.The research population is food and beverage sub-sector companies listed on the Indonesia Stock Exchange in 2020-2022. The sample in this research was 60 companies determined based on the purposive sampling method. The analytical tool used to test the hypothesis is multiple linear regression.The research results show that liquidity, debt policy, managerial ownership and earnings per share have no effect on dividend policy. Meanwhile, leverage has a negative effect on dividend policy. It is hoped that this research can increase knowledge of information in decision making for investors who want to invest some of their funds in a company so that in their selection, investors do not make a mistake in choosing the company so that they get the expected investment return.
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