FAKTOR-FAKTOR YANG MEMPENGARUHI DIVIDEND PAYOUT RATIO PADA PERUSAHAAN NON KEUANGAN
Author(s) -
Isabella Isabella,
Apit Susanti
Publication year - 2018
Publication title -
jurnal bisnis dan akuntansi
Language(s) - English
Resource type - Journals
eISSN - 2656-9124
pISSN - 1410-9875
DOI - 10.34208/jba.v19i2.280
Subject(s) - dividend payout ratio , stock exchange , current ratio , debt to equity ratio , business , profitability index , dividend policy , free cash flow , cash flow , nonprobability sampling , monetary economics , financial system , economics , finance , population , demography , sociology
The purpose of this study was to examine if profitability,operating cash flow per share, corporate tax, current ratio, market to book value, debt to equityratio, firm size, and life cycle stage in affecting dividend payout ratio in non financial companies liested in Indonesia stock exchange. This research used 110 listed non financial companies in Indonesia Stock Exchange, selected using purposive sampling method in period 2012 to 2014. The data were analyzed using multiple regressions analysis method to determine the model of research. The result of the analysis indicated that profitability, operating cash flow per share, corporate tax, market to book value, debt to equity ratio,firm sizeandlife cycle stagehad influence on dividend payout ratio. But current ratio had no influence on dividend payout ratio.
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