PENGARUH INVESTMENT OPPORTUNITY SET (IOS), LABA BERSIH, LIKUIDITAS DAN LEVERAGE TERHADAP KEBIJAKAN DIVIDEN

Abstract

The purpose of this study was to determine the effect of the investment opportunity set, net profit, liquidity, and leverage on dividend policy on Manufacturing Companies listed on the Indonesia Stock Exchange in 2016-2018. The sampling method used was purposive sampling method, so that the samples used in this study were 44 manufacturing companies. Analysis of the data used is multiple linear regression analysis techniques. The conclusion obtained from this study is that statistically the IOS variable which is proxy by MBVE and Net Profit which is proxied by EPS has a positive effect on dividend policy on manufacturing companies listed on the Indonesia Stock Exchange in 2016-2018. Liquidity and leverage variables do not affect dividend policy on manufacturing companies listed on the Indonesia Stock Exchange in 2016-2018.