Analisis Faktor-Faktor Yang Mempengaruhi Kebijakan Dividen

Authors

  • Olivia Anastasia Rahman Universitas Gorontalo
  • Hasanuddin Hasanuddin
  • Julie Abdullah

DOI:

https://doi.org/10.32662/gaj.v5i2.1949

Keywords:

Dividend Police, Farmation

Abstract

Dividend policy is a decision in using profits, whether the profits earned by the company will be distributed to shareholders as dividends or will be retained in the form of retained earning to finance investments in the future. The pharmaceutical sub-sector has a high investment realization value and in relation to dividends, investors definitely want a return, one of which is through dividends. This study takes 4 variabel as factors that influence dividend policy, including profitability (ROA), leverage (DER), liquidity (CR), and firm size. The research method uses multiple linear regression analysis with an observation period of 7 years.The results of the study reveal that simultaneously the variables of profitability (ROA), leverage (DER), liquidity (CR), and firm size have a significant effect on dividend policy in the pharmaceutical sub-sector. Partially, only the liquidity variable (CR) has a significant effect on dividend policy, while the profitability (ROA), leverage (DER) and firm size variables has no significant effect on dividend policy in pharmaceutical sub-sector.

References

Angelia, N., & Toni, N. (2020). The Analysis of Factors Affecting Dividend Policy in Food and Beverage Sector Manufacturing Companies Listed in Indonesia Stock Exchange in 2015-2017. Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences, 3(2), 902–910. https://doi.org/10.33258/birci.v3i2.918

Bahri, S. (2017). Faktor-Faktor Yang Mempengaruhi Kebijakan Dividen (Studi Pada Perusahaan Manufaktur yang Terdaftar di BEI). Jurnal Riset Akuntansi & Komputerisasi Akuntansi, 8(1), 63–84.

Fajar, F. (2018). Faktor-Faktor yang mempengaruhi Kebijakan Dividen dengan Kepemilikan Manajerial sebagai Variabel Moderating pada perusahaan Industri Barang Konsumsi di Indonesia. Perpustakaan Universitas Sumatra Utara. https://repositori.usu.ac.id/handle/123456789/9607

Gul, S., Ullah, I., Gul, H., & Rasheed, S. (2020). The Factors Affecting Dividend Policy: Empirical Study from Pharmaceutical’s Companies in Pakistan (PSX). European Journal of Business and Management Research, 5(5), 1–6. https://doi.org/10.24018/ejbmr.2020.5.5.464

Gumanti, T. A. (2013). Kebijakan Dividen Teori, Empiris, dan Implikasi. Yogyakarta: UPP STIM YKPN.

Halim, A. dan M. M. H. (2009). Analisis Laporan Keuangan. Edisi 4. UPP STIM YKPN. Yogyakarta.

Handayani, M., Wijayanti, A., & Suhendro, S. (2021). Pengaruh Faktor Internal Perusahaan terhadap Kebijakan Dividen Pada Perusahaan LQ45. Jurnal Ilmiah Universitas Batanghari Jambi, 21(1), 123. https://doi.org/10.33087/jiubj.v21i1.1223

Kasmir. (2014). Analisis Laporan Keuangan. Jakarta : Rajawali Pers.

Meiwandari, Pepy Lutfia., N. (2018). Analisis Faktor-Faktor yang Mempengaruhi Perataan Laba (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2008-2012). Seminar Nasional Dan Call For Paper III, 1, 338–350.

Septiana, I. N. A. L. S. A. H. G. S. (2020). Faktor Yang Mempengaruhi Kebijakan Dividen Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia. Jurnal Akuntansi & Keuangan, 11(2), 58–69.

Downloads

Published

2022-10-01

How to Cite

Rahman, O. A., Hasanuddin, H., & Abdullah, J. (2022). Analisis Faktor-Faktor Yang Mempengaruhi Kebijakan Dividen. Gorontalo Accounting Journal, 5(2), 120–135. https://doi.org/10.32662/gaj.v5i2.1949

Issue

Volume 5 Nomor 2 October 2022

Section

Articles

License

In order to be accepted and published by Gorontalo Accounting Journal, author(s) submitting the article manuscript should complete all the review stages. By submitting the manuscript, the author(s) agreed to these following terms:

1. The copyright of the accpted for publication articles shall be assigned to Gorontalo Accounting Journal as the publisher of the journal. The intended copyright includes the rights to publish articles in various forms (including reprints) as evidenced by a Statement From the author.

2. Gorontalo Accounting Journal maintain the publishing rights of the published articles. 

Authors are permitted to republish or disseminate published articles by sharing the link/DOI of the article at the Gorontalo Accounting Journal. Authors are allowed to use their articles for any legal purposes deemed necessary without written permission from the Gorontalo Accounting Journal with an acknowledgement of initial publication to this journal.

Users/public (https://jurnal.unigo.ac.id/index.php/gaj/index) use of this website will be licensed to the Creative Commons Attribution 4.0 International License (CC-BY)