Open AccessPengaruh Profitabilitas, Ukuran Perusahaan, dab Arus Kas Bebas Terhadap Kebijakan Dividen
Author(s) -
Kadek Indri Pradnyavita,
I Ketut Suryanawa
Publication year - 2020
Publication title -
e-jurnal akuntansi
Language(s) - English
Resource type - Journals
ISSN - 2302-8556
DOI - 10.24843/eja.2020.v30.i01.p18
Subject(s) - dividend policy , profitability index , stock exchange , free cash flow , dividend , business , nonprobability sampling , sample (material) , shareholder , cash flow , operating cash flow , earnings , finance , monetary economics , economics , corporate governance , population , chemistry , demography , chromatography , sociology
The Effect of Profitability, Company Size, and Free Cash Flow to Dividebd Policy
ABSTRACT
Dividend policy is a policy related to dividend payments by the company. The company is faced with the decision to distribute dividends to shareholders or withhold earnings for reinvestment activities. The purpose of this study was to determine the effect of profitability, company size and free cash flow on dividend policy. This study took a sample of manufacturing companies listed on the Indonesia Stock Exchange in the period 2016-2018. The sampling technique used was purposive sampling, so as many as 13 companies were obtained. The total sample taken for 3 years was 39 observations. The technique used in this research is multiple linear regression analysis. Based on the results of the analysis of this study proves that profitability, company size, and free cash flow affect dividend policy.