sparta, sparta and Nugraha, Ikhsan Yudha (2012) ANALISIS HUBUNGAN INVESTMENT OPPORTUNITY SETS, PROFITABILITAS, LIKUIDITAS DAN HUTANG DENGAN KEBIJAKAN DIVIDEN (Studi di Bursa Efek Indonesia Periode 2003 - 2007). Jurnal Keuangan dan Perbankan, 8 (2). pp. 1-24. ISSN 1829-9865
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37-analisis hub investment opportunity set, profitabilitas, likuiditas, hutang dengan kebijakan deviden.pdf Download (912kB) | Preview |
Abstract
The objective of this research is to study is to predict return of investment in equity securities. Investors have primarily objective to increase return from their investment. Investors buy stock from public enterprises and may get dividend or capital gain as its return. Focuses on dividend as its return, this research examines how investment opportunity sets, profitability ratio, liquidity ratio, and leverage can be instrument to predict the dividend policy paid by Indonesian firms to their investors. This research examines financial statement of sevareal companies are listed at Indonesia Stock Exhange for period ended December 31, 2002 until December 31, 2006 and one year after for dividend policy. Data is collected from Indonesia Stock Exchange, JSX Statistic, and Indonesia Capital Market Directory. The samples and data are collected using pooling data and purposive sampling method. The variables are Dividend pes Share as dependent variable, and Market to Book Value of Equity as the proxy for Investment Opportunity Sets, Return on Investment, Current Ratio and Debt to Equity Ratio as independent variables. The result indicate that positive corellation occurs between profitability and dividend amount at significance level. It means that the more profitable, the more dividend didtributed. On the other hand, negative correlation occurs between IOS, liquidity and leverage level
Item Type: | Article |
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Uncontrolled Keywords: | Dividend, Investment Opportunity Sets, Profitability, Liquidity, Leverage |
Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
Divisions: | Prodi S1 Akuntansi |
Depositing User: | Sparta Sparta |
Date Deposited: | 31 Oct 2022 22:49 |
Last Modified: | 27 Jan 2023 09:56 |
URI: | http://repository.ibs.ac.id/id/eprint/5409 |
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