PENGARUH PROFITABILITAS, LIKUIDITAS, UKURAN PERUSAHAAN DAN INVESTMENT OPPORTUNITY SET TERHADAP KEBIJAKAN DIVIDEN PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA
Abstract
The purpose of this research is to examine the effect of profitability,
liquidity, company size and investment opportunity set to dividend payout ratio. The
independent variabel in this study is the profitability, liquidity, company size and
investment opportunity set, and dividend payout ratio as a dependent variabel.
This research use secondary data by taking samples at manufacturing
companies listed in Indonesia stock exchange in 2011-2014. This study using
purposive sampling method. The number of samples acquired is 29 samples
companies the last four years. Analysis of this study using multiple regression
analysis with EVIEWS7 program.
The result of the research show that profitability and investment opportunity
set have a positive significant influence on dividend payout ratio. Company size and
Liquidity have not significant influence on dividend payout ratio.