DETERMINANT FACTOR OF INTERNAL DIVIDEND PAYOUT RATIOS ON STATE OWNED ENTERPRISE
Author(s) -
Eko Priyantara,
Hakiman Thamrin
Publication year - 2020
Publication title -
dinasti international journal of economics finance and accounting
Language(s) - English
Resource type - Journals
eISSN - 2721-303X
pISSN - 2721-3021
DOI - 10.38035/dijefa.v1i5.620
Subject(s) - dividend payout ratio , debt to equity ratio , return on assets , return on equity , dividend , equity ratio , debt ratio , business , monetary economics , equity (law) , dividend policy , financial system , economics , debt , financial economics , finance , stock exchange , population , demography , sociology , political science , law , nonprobability sampling
DOI: 10.38035/DIJEFA Abstract: These research aim to examine those impact from Growth, Firm Size, Return on Assets and Debt to Equity Ratio towards dividend policy of State-Owned Enterprises during period 2016-2018 with 46 BUMN as the research sample. In this research, the independent variables were Growth, Firm Size, Return on Assets and Debt to Equity Ratio, while the dependent variable was Dividend Payout Ratio. The results from these research found that Growth, Firm Size, Return on Assets and Debt to Equity Ratio simultaneously influence Dividend Payout Ratio of 87.71%. Return on Assets and Debt to Equity Ratio had significant negative impact on Dividend Payout Ratio, while Growth and Firm Size did not have an impact on Dividend Payout Ratio.
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