scholarly journals DAYA PREDIKSI PAJAK, LABA DAN ARUS KAS TERHADAP PAJAK MASA DEPAN PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA

2018 ◽  
Vol 15 (3) ◽  
pp. 291-306
Author(s):  
Ardi Hamzah
Keyword(s):  
Cash Flow ◽  
Firm Size ◽  
Stock Exchange ◽  
Control Variable ◽  
Control Variables ◽  
Purposive Sampling ◽  
Independent Variables ◽  
Regression Test ◽  
Better Than

The objectives of this research are to examine prediction power of tax, earnings, and cash flow on future tax with firms size namely asset total and sales value as control variable. The samples of data are manufactur firm that listed in Indonesia Stock Exchange in period 2003 – 2008. Data total is 270 firm that fulfill requirement namely have not negative tax, earnings, and cash flow. The source of data is Indonesian Stock Exchange. Technic of data gathered is purposive sampling. Independent variables are taxt-1, earningst-1 and cash flowt-1, while control variables are firm size namely asset total dan sales value. Dependent variable is taxt. The analysis that use in this research is statistic descriptif and regression test. The result of this research indicate that partially earnings, cash flow, and firm size namely asset total and sales value have significantly effect on tax future, while tax have not significantly effect on future tax. For examining simultantly indicate that tax, earnings, cash flow, and firm size have significantly effect on future tax. The prediction power earnings on future tax better than cash flow and tax. 

scholarly journals DAYA PREDIKSI PAJAK, LABA DAN ARUS KAS TERHADAP PAJAK MASA DEPAN PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA

2017 ◽  
Vol 15 (3) ◽  
pp. 291
Author(s):  
Ardi Hamzah
Keyword(s):  
Cash Flow ◽  
Firm Size ◽  
Stock Exchange ◽  
Control Variable ◽  
Control Variables ◽  
Purposive Sampling ◽  
Independent Variables ◽  
Regression Test ◽  
Better Than

The objectives of this research are to examine prediction power of tax, earnings, and cash flow on future tax with firms size namely asset total and sales value as control variable. The samples of data are manufactur firm that listed in Indonesia Stock Exchange in period 2003 – 2008. Data total is 270 firm that fulfill requirement namely have not negative tax, earnings, and cash flow. The source of data is Indonesian Stock Exchange. Technic of data gathered is purposive sampling. Independent variables are taxt-1, earningst-1 and cash flowt-1, while control variables are firm size namely asset total dan sales value. Dependent variable is taxt. The analysis that use in this research is statistic descriptif and regression test. The result of this research indicate that partially earnings, cash flow, and firm size namely asset total and sales value have significantly effect on tax future, while tax have not significantly effect on future tax. For examining simultantly indicate that tax, earnings, cash flow, and firm size have significantly effect on future tax. The prediction power earnings on future tax better than cash flow and tax

scholarly journals KEBIJAKAN PEMBAGIAN DIVIDEN KAS DI PERUSAHAAN SUB SEKTOR PERDAGANGAN ECERAN

2021 ◽  
Vol 7 (2) ◽  
pp. 175-186
Author(s):  
Rochman Marota ◽  
Vinna Oktaviani ◽  
Amelia Rahmi
Keyword(s):  
Cash Flow ◽  
Firm Size ◽  
Sampling Method ◽  
Stock Exchange ◽  
Net Income ◽  
Investment Opportunity ◽  
Purposive Sampling ◽  
Investment Opportunity Set ◽  
Operating Cash Flow ◽  
Retail Trading

ABSTRAKTujuan dari penelitian ini adalah untuk menganalisis pengaruh laba bersih, arus kas operasi, investment opportunity set, dan firm size terhadap dividen kas. Penelitian ini dilakukan pada perusahaan sub perdagangan eceran yang terdaftar di Bursa Efek Indonesia periode 2015–2019. Sampel terdiri dari lima perusahaan yang dipilih dengan menggunakan metode purposive sampling. Penelitian ini menggunakan uji regresi linear berganda untuk menguji hipotesis. Hasil pengujian menunjukkan bahwa laba bersih berpengaruh positif terhadap dividen kas, sedangkan arus kas operasi, investment opportunity set, dan firm size tidak berpengaruh. Hal ini dapat menjadi perhatian bagi perusahaan untuk terus meningkatkan kinerja perusahaan dalam menghasilkan laba bersih. Dengan laba yang tinggi, para investor akan lebih tertarik untuk menginvestasikan dananya. ABSTRACTThe purpose of this study is to analyze the effect of net income, operating cash flow, investment opportunity set, and firm size on cash dividends. This research was conducted on sub-retail trading companies listed on the Indonesia Stock Exchange for the 2015–2019 period. The sample consists of five companies, selected using the purposive sampling method. It uses multiple linear regression to test the hypotheses. Results show that net income affects positively cash dividends. While cash flow, investment opportunity set, and firm size does not affect cash dividends. This can be a concern for the company to continue to improve the company's performance in generating net income. With high profits, investors will be more interested in investing their funds.

scholarly journals FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN TELEKOMUNIKASI DI INDONESIA

2011 ◽  
Vol 1 (2) ◽  
pp. 83
Author(s):  
Jantu Sukmaningtyas ◽  
Salamatun Asakdiyah
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Significant Influence ◽  
Sampling Method ◽  
Stock Exchange ◽  
Telecommunications Industry ◽  
Purposive Sampling ◽  
Independent Variables ◽  
Operating Leverage

The purpose of this thesis is to analyze factors that influence capital structure at telecommunications industry in Indonesia. In this research, dependent variable is capital structure and the independent variables are the operating leverage, taxes, and firm size.The samples are 5 companies, its take by purposive sampling method: taking the sample with specific criteria, that is the companies which listed on the Indonesia Stock Exchange during the period from 2005 to 2009. The operating leverage has a positive and significant influence to capital structure, tax has a negative and significant impact to capital structure, but the variable firm size has no effect to capital structure.

scholarly journals THE EFFECTS OF LIFE CYCLE AND FREE CASH FLOW ON DIVIDEND OF AGRICULTURAL COMPANIES THAT LISTED IN INDONESIA STOCK EXCHANGE

2020 ◽  
Vol 9 (2) ◽  
pp. 121
Author(s):  
Helma Malini ◽  
Venu Fitratama
Keyword(s):  
Life Cycle ◽  
Cash Flow ◽  
Firm Size ◽  
Negative Impact ◽  
Stock Exchange ◽  
Free Cash Flow ◽  
Investment Opportunity ◽  
Dividend Payout ◽  
Independent Variables ◽  
Investment Opportunity Set

Company decision to give profits to their investors is based on several reasons including internal policy from the company. Therefore, this study discusses the effects of life cycle and free cash flow on dividend of agricultural companies that listed in Indonesia stock exchange. Independent variables; used are free cash flow, life cycle, firm size, leverage, assets growth, and investment opportunity set. The population in this study is Agricultural company listed on Indonesia Stock Exchange (BEI) in the period of 2015 - 2018. The sample collected using purposive sampling methods. Total of 21 companies were determined as samples. The method of analysis in this study is panel data regression with basis on fixed effect model. The result of this study indicate that the independent variables of free cashflow, life cycle, firm size, leverage, and investment opportunity set have positive impact toward dividend payout ratio while assets growth has negative impact on dividend payout ratio. The result of determination coefficient shows that the independent variables give affect 63.69% against dependent variable.Keywords: Free cash flow, Life cycle, Firm size, Leverage, Assets growth, Investment opportunity set, Dividend payout ratio, Dividend policy

scholarly journals PENGARUH FREE CASH FLOW, LIKUIDITAS DAN KEPEMILIKAN ASING TERHADAP KEBIJAKAN HUTANG PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 3 (1) ◽  
pp. 20-35
Author(s):  
Oktariyani Oktariyani ◽  
Afriyanti Hasanah
Keyword(s):  
Cash Flow ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Control Variable ◽  
Multiple Linear Regression Analysis ◽  
Foreign Ownership ◽  
Free Cash Flow ◽  
Analysis Techniques ◽  
Independent Variables ◽  
Debt Policy

This study aims to determine the effect of free cash flow, liquidity and foreign ownership on debt policies in companies listed on the Indonesia Stock Exchange. The samples used in this study are basic and chemical sector companies listed on the Indonesia Stock Exchange for the 2012-2016 period. The independent variables in this study are free cash flow, liquidity and foreign ownership. The control variable in this study is asset structure. The research method uses a quantitative approach with multiple linear regression analysis techniques. The result of this study is that liquidity affects debt policy because the higher the level of liquidity of the company, the greater the company's ability to pay debts. Foreign ownership affects debt policy because foreign ownership can improve the performance and supervision of managers in the company, especially in determining funding decisions including debt policy, while free cash flow has no effect on debt policy, this is because companies tend to prioritize the use of free cash flow funds for investment and operational needs of the company. This research can be used as a reference for companies in determining funding decisions through debt policy so that the funding decisions taken are more effective.

scholarly journals KENDALA KEUANGAN DAN SALING KETERGANTUNGAN DALAM KEPUTUSAN KEUANGAN PADA SEKTOR CONSUMER GOODS DI INDONESIA

2020 ◽  
Vol 4 (2) ◽  
pp. 216
Author(s):  
Maya Novethesia ◽  
Ricky Sanjaya ◽  
Farah Margaretha
Keyword(s):  
Cash Flow ◽  
Consumer Goods ◽  
Stock Exchange ◽  
Least Square ◽  
Short Term ◽  
Purposive Sampling ◽  
Financial Decisions ◽  
Independent Variables ◽  
Short And Long Term

Penelitian ini dilakukan untuk menguji kendala keuangan dan saling ketergantungan dalam keputusan keuangan. Sampel yang digunakan dalam penelitian ini adalah perusahaan pada sektor consumer goods yang go public dan terdaftar di Bursa Efek Indonesia (BEI) periode 2014-2018. Terdapat 24 perusahaan swasta yang dapat diteliti setelah dilakukan purposive sampling. Arus kas sebagai variabel dependen yang diukur dengan pengeluaran modal, perubahan kas, dividen, perubahan hutang jangka pendek dan panjang dan total aset. Investasi, kas, dan hutang sebagai variabel independen yang diukur menggunakan aktiva tetap bersih, kas, hutang jangka pendek dan panjang, perubahan dalam modal kerja, dividen, nilai pasar dan total aset. Sedangkan arus kas perusahaan dan resiko operasional perusahaan sebagai variabel moderasi. Penelitian ini menggunakan metode least square dan uji individu (uji-t). Hasil penelitian ini menunjukkan bahwa investasi, kas, dan hutang berpengaruh positif terhadap arus kas perusahaan. Implikasi dari penelitian ini bagi manajer keuangan agar perlu memperhatikan jumlah hutang perusahaan karena sangat berpengaruh terhadap arus kas perusahaan. Bagi peneliti selanjutnya sebaiknya menggunakan perusahaan pada sektor lain.  This research was conducted to support finance and interdependence in financial decisions. The sample used in this study was companies in the consumer goods sector that went public and were listed on the Indonesia Stock Exchange (IDX) for the 2014-2018 period. There are 24 companies that can be issued after purposive sampling. Cash flow as the dependent variable needed with capital, cash changes, dividends, short-term loans and total assets. Investment, cash, and debt as independent variables using fixed bonds, cash, short and long term loans, changes in working capital, dividends, market value and total assets. While the company's cash flow and company operational risk as a moderating variable. This research uses the quadratic method and individual test (t-test). The results of this study prove that investment, cash, and loans are positive towards the company's cash flow. The implications of this study for financial managers need to be considered by the number of companies because they need to be considered for the company's cash flow. For further researchers need to use companies in other sectors.

scholarly journals PENGARUH PROFITABILITAS, LIKUIDITAS, HUTANG DAN UKURAN PERUSAHAAN TERHADAP DIVIDEND PAYOUT RATIO

2021 ◽  
Vol 17 (1) ◽  
Author(s):  
Regina Fricilya D. Yasmin ◽  
Gendro Wiyono ◽  
Ratih Kusumawardhani
Keyword(s):  
Time Series ◽  
Panel Data ◽  
Cash Flow ◽  
Firm Size ◽  
Consumer Goods ◽  
Stock Exchange ◽  
Time Series Regression ◽  
Dividend Payout ◽  
Independent Variables ◽  
Industry Sector

The aim of this paper was to examined the influence of profitability, cash flow, liquidity, leverage and firm size towards dividend payout ratio. The sample includes 11 manufactur companis in consumer goods industry sector listed in Inodnesia Stock Exchange (IDX) on the year period 2016-2019. We use time series regression (panel data) to test the hypothesis of this study. The results shows that independent variables of profitability, liquidity, and leverage have positive and significant impact in dividend payout ratio; whereas, the independent variables of cash flow and firm size have negative and significant impact on dividend payout ratio.Kata Kunci : Dividend Payout Ratio, Profitabilitas, Likuiditas, Hutang, Ukuran Perusahaan

scholarly journals Analysis of the Effect of Operating Cash Flow, Leverage, and Firm Size on Earnings Persistence

2021 ◽  
Vol 2 (3) ◽  
pp. 42-50
Author(s):  
Rezika Farah Sabila ◽  
Einde Evana ◽  
Ratna Septiyanti
Keyword(s):  
Empirical Evidence ◽  
Cash Flow ◽  
Firm Size ◽  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Earnings Persistence ◽  
Purposive Sampling ◽  
Operating Cash Flow ◽  
Positive Effect

This research aims to provide empirical evidence in the effect of operating cash flow, leverage, and firm size on earnings persistence. The data used on this research is historical secondary data. The data used in this research were taken from website www.idx.co.id. A population in this research were companies listed on the Indonesia Stock Exchange (IDX) sector food & beverage for the period 2015-2019. Sampling method used is purposive sampling method with a sample of 33 companies. The outcome of this research indicate that operating cash flow & firm size have a positive effect on earning persistence. Meanwhile, leverage  does not affect earning persistence.

scholarly journals PENGARUH DIVIDEND PAYOUT RATIO DAN LEVERAGE TERHADAP FREE CASH FLOW

2018 ◽  
Vol 2 (2) ◽  
pp. 194-205
Author(s):  
Titin Sumarni ◽  
Ely Kartikaningdyah
Keyword(s):  
Cash Flow ◽  
Firm Size ◽  
Quantitative Methods ◽  
Stock Exchange ◽  
Free Cash Flow ◽  
Dividend Payout ◽  
Purposive Sampling ◽  
Funding Sources ◽  
Financial Company ◽  
A Company

Abstrak Penelitian ini bertujuan untuk mengetahui pengaruh dividend payout ratio dan leverage terhadap free cash flow perusahaan pada perusahaan non-keuangan di Bursa Efek Indonesia (BEI) periode tahun 2010-2016. Arus kas bebas perusahaan diukur dengan menggunakan free cash flow sebagai variabel dependennya, dividend per share, leverage dan longterm leverage sebagai variabel independennya serta firm size untuk variabel kontrolnya. Metode penelitian menggunakan pendekatan metode kuantitatif. Penarikan sampel penelitian menggunakan metode purposive sampling yang mendapatkan hasil 357 sampel perusahaan non keuangan, dan data yang digunakan adalah data panel. Hasil penelitian ini menunjukkan bahwa Dividend Payout Ratio tidak berpengaruh terhadap FCF, Leverage berpengaruh terhadap FCF dan Longterm Leverage tidak berpengaruh terhadap FCF. Penelitian selanjutnya diharapkan untuk menambah sampel pada sektor yang lain dan menambah variabel lain seperti profitabilitas yang diukur dengan ROCE, ROA dan ROI. Penelitian ini dapat dijadikan acuan perusahaan untuk dapat meningkatkan arus kas bebasnya karena dari tingginya arus kas bebas bisa dianalisa bagaimana sebuah perusahaan memanfaatkan kas yang bisa digunakan untuk mengembangkan usaha atau mengambil dana dari hutang dan sumber dana lainnya.   Kata kunci: arus kas bebas, leverage, dividend per share   Abstract This study aims to know the influence of the dividend payout ratio and leverage against the free cash flow the company on a non-financial company on the Indonesia stock exchange (IDX) period in 2010-2016. Free cash flow the company is measured by using free cash flow as the dependennya variable, dividend per share, leverage and leverage its independent variables as longterm as well as firm size for the variable control. The method research of using quantitative methods approach. Withdrawal of samples of research using the method of purposive sampling that gets results 357 samples non financial companies, and data is the data panel. The results of this research show that the Dividend Payout Ratio has no effect against the FCF, Leverage effect on FCF and Longterm Leverage has no effect on FCF . Further research is expected to add the samples on other sectors and adds other variables such as profitability as measured by ROCE, ROA and ROI. This research is referable to the company can increase its free cash flow because of the high free cash flow can be analyzed how a company utilizing the cash that can be used to develop the venture or taking funds from debt and other funding sources.   Key Words: free cash flow, leverage, dividend per share

scholarly journals PROFITABILITAS DAN RETURN SAHAM: PERAN MODERASI ARUS KAS OPERASI DAN UKURAN PERUSAHAAN

2013 ◽  
Vol 9 (1) ◽  
pp. 17
Author(s):  
Murni Prasetyaningrum
Keyword(s):  
Stock Returns ◽  
Cash Flow ◽  
Firm Size ◽  
Sampling Method ◽  
Stock Exchange ◽  
Purposive Sampling ◽  
Operating Cash Flow ◽  
The Relationship ◽  
Positive Effect

This study aims to determine the effect of profitability on stock returns with operating cash flow and firm size as a moderating variable of companies listed on the Indonesia Stock Exchange in 2006-2008. The population in this study is all companies listed on the Indonesia Stock Exchange. Sample is taken by using purposive sampling method. The hypothesis is tested using regression with variable moderation. Results of this study show that profitability has a positive effect on stock returns, operating cash flow does not significantly moderate the relationship between profitability and stock returns, firm size does not moderate the relationship between profitability and stock returns. Keywords: profitability, stock returns, operating cash flow, size

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