ANALISIS PENGARUH CASH POSITION, DEBT TO EQUITY RATIO, DAN RETURN ON ASSETS TERHADAP DIVIDEN PAYOUT RATIO PADA PERUSAHAAN- PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2012 – 2014
DOI:
https://doi.org/10.12928/fokus.v6i1.1650Keywords:
Cash Position, Debt to Equity Rati, Return On Assets, Dividen Payout RatioAbstract
This research was conducted to examine the effect of variable cash sition, debt to equity ratio, and return on assets on dividen payout ratio on compnies listed on the Indonesian Stock Exchane 2012 – 2015 periode. The population in research is all companies listed on the Indonesian Stock Exchange 2012 – 2015 periode. The number of samples used for a many as 59 companies with used purposive sampling. Data obtained from the publication of Indonesian Capital Market Directory (ICMD). The analysis technique used data penel regression and hypothesis testing using the t statistik and koefisien determination with the 5% level if confidence.The results showed that the cash position has a significant effect on the dividen payout ratio with a positive direction. While the debt to equity ratio has a significant effect on the dividen payout ratio with a negative direction. Meanwhile, the return on assets have no significant effect on the dividen payout ratio. Based on a statistical analysis of significance of t cash position values obtained 0,0233 (less than 0,05) and values significance for debt to equity ratio obtained 0,0007 (less than 0,05). While return on assets have a significance values obtained 0,5209 (than 0,05), so it can be concluded that variable cash position and debt to equity ratio have a significant influence on dividen payout ratio. While return on assets have no significance influnce on dividen payout ratio. From Adjusted R² value of 0,054332 indicates that there are independent variable in the model can explain influence on dividen payout ratio by 5, 43% , while 94,57% residual explain bay the dividen payout ratio of other variables outside the model.Downloads
Published
2020-02-02
How to Cite
Trilestari, A., & Kusuma, D. R. (2020). ANALISIS PENGARUH CASH POSITION, DEBT TO EQUITY RATIO, DAN RETURN ON ASSETS TERHADAP DIVIDEN PAYOUT RATIO PADA PERUSAHAAN- PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2012 – 2014. Jurnal Fokus Manajemen Bisnis, 6(1), 1–12. https://doi.org/10.12928/fokus.v6i1.1650
Issue
Section
Articles
License
Authors who publish with this journal agree to the following terms:Â
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).