Open AccessPengaruh Profitabilitas, Firm Size, Likuiditas dan Leverage Terhadap Kebijakan Deviden
Author(s) -
Anak Agung Ayu Made Dhumawati,
A. A. A Erna Trisna Dewi,
I. B. Made Putra Manuaba
Publication year - 2021
Publication title -
jurnal riset akuntansi warmadewa
Language(s) - English
Resource type - Journals
eISSN - 2686-486X
pISSN - 2686-4851
DOI - 10.22225/jraw.2.2.3363.98-103
Subject(s) - stock exchange , leverage (statistics) , dividend policy , market liquidity , profitability index , nonprobability sampling , variables , business , econometrics , dividend , regression analysis , economics , accounting , statistics , finance , mathematics , population , demography , sociology
The purpose of this study is to analyze the influence of profitability, firm size, liquidity and leverage on dividend policy. The research sample uses purposive sampling method, which uses as many as 8 companies with a four-year observation period from 2016-2019. The type of data used is quantitative data. Based on the data sources used in this study everything is secondary data. Data collection using documentation methods. The data analysis technique used is multiple linear regression models. The results showed variable profitability and firm size listed on the Indonesia Stock Exchange (IDX) for the period 2016-2019 had a positive and significant effect on dividend policy. Meanwhile, variable liquidity and leverage negatively and significantly affect the dividend policy in LQ45 companies listed on the Indonesia Stock Exchange (IDX) in 2016-2019. Independent variables that can explain the influence of dividend policy as much as 63.20% while the remaining 36.80% is influenced by other factors not included in this study.