PROFITABILITAS, LIKUIDITAS, LEVERAGE, DAN PERTUMBUHAN PERUSAHAAN TERHADAP KEBIJAKAN DIVIDEN PADA PERUSAHAAN PERTANIAN DI BURSA EFEK INDONESIA
Keywords:
Profitability, Liquidity, Leverage, Corporate Growth, Dividend PolicyAbstract
This study aims to determine the effect of profitability, liquidity, leverage, and corporate growth on dividend policy on agricultural companies in Indonesia Stock Exchange. The population in this study are all agricultural companies listed on the Indonesia Stock Exchange during the period 2011-2016. Sampling using purposive sampling method. Methods of data analysis using multiple linear regression analysis with SPSS 21 program. The feasibility test of the model (F test) shows that the four independent variables simultaneously have no effect on the dividend policy. Partial test results (t test) shows that profitability has a significant effect on dividend policy, while other variables such as liquidity, leverage, and corporate growth have no significant effect on dividend policy. Future research is expected to use more variables as to be identified as factors capable of influencing dividend policy.
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