scholarly journals The Influence of Investment, Liquidity and Profitability on Dividend Payout Ratio Policies of the 2015-2019 Indonesia Stock Exchange Listed LQ-45 Companies

2021 ◽  
Vol 3 (2) ◽  
pp. 106-119
Author(s):  
Sunday Ade sitorus ◽  
SITI MUJIATUN ◽  
ROSITA
Keyword(s):  
Linear Regression ◽  
Hypothesis Testing ◽  
Multiple Linear Regression ◽  
Stock Exchange ◽  
Financial Statements ◽  
Positive Influence ◽  
Dividend Payout ◽  
Leverage Ratio ◽  
Dividend Policies ◽  
Retained Earnings

Dividend policies aim to determine the number of dividends to shareholders and the amount to be reinvested (retained earnings). In this study, dividend policies were measured using the Dividend Payout Ratio (DPR). This study aimed to test and analyze the influence of investment, liquidity, and profitability on dividend payout ratio policies of the 2015-2019 Indonesia Stock Exchange Listed LQ-45 companies. The purpose is to find out and examine the pattern of Investment, Liquidity, and Profitability in the Dividend Payout Ratio Policy of Companies listed on LQ-45 Indonesia Stock Exchange 2015-2019. The subjects of this study were the Indonesia Stock Exchange Listed LQ-45 companies while the objects were the 2015-2019 financial statements. The population of this study was 45 companies with 30 companies as the samples after purposive sampling. Data were analyzed using multiple linear regression, classical assumption test, and hypothesis testing. The results of research in partially, investment and profitability had a significant and positive influence on the dividend payout ratio policies while liquidity had no influence on the dividend payout ratio policies. Simultaneously, investment, liquidity, and profitability had an 11.8% influence on the dividend payout ratio policies while the remaining 88.2% were explained by other variables such as leverage ratio, growth, and others.  

scholarly journals PENGARUH KEPEMILIKAN MANAJERIAL DAN EARNING PER SHARE TERHADAP DIVIDEND PAYOUT RATIO PADA PERUSAHAAN MANUFAKTUR YANG LISTING DI BURSA EFEK INDONESIA

2018 ◽  
Vol 5 (1) ◽  
pp. 1
Author(s):  
Muhammad Yusuf ◽  
Wa Ode Siti Rahmawati
Keyword(s):  
Linear Regression ◽  
Hypothesis Testing ◽  
Multiple Linear Regression ◽  
Stock Exchange ◽  
Dividend Payout ◽  
Insider Ownership ◽  
Simultaneous Test ◽  
Analysis Of Technique ◽  
Manufacture Company

This research is performed to examine the influence of Insider Ownership  and Earning Per Share toward Dividend Payout Ratio in Manufacture Company that is listing in Indonesian Stock Exchange over period 2007 – 2010. The population of this research as much 9 company. Technique as used in interpretation of sample is census method (saturation sample). The analysis of technique as used is multiple linear regression and hypothesis testing by use of F (simultaneous) test and t (partial) test. The conclusion in this research indicate that simultanously of Insider Ownership and Earning Per Share is significant influential toward Dividend Payout Ratio. Partially of Insider Ownership variable is significant and positive influential toward Dividend Payout Ratio. And the partially of Earning Per Share variable is significant and negative influential toward Dividend Payout Ratio.

scholarly journals Analisis Faktor-Faktor Yang Mempengaruhi Kebijakan Dividen

2019 ◽  
Vol 1 (1) ◽  
pp. 43-54
Author(s):  
Welas Welas ◽  
Sudiyatno Yudi Nugroho
Keyword(s):  
Data Analysis ◽  
Linear Regression ◽  
Hypothesis Testing ◽  
Multiple Linear Regression ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Analysis Tool ◽  
Return On Assets ◽  
Data Analysis Tool

The purpose of this research is to study the influence of cash position, Total Assets Turnover (TATO), Return On Assets (ROA) and Debt to Total Assets (DTA) on the Dividend Payout Ratio (DPR). The sample used in this study is the company incorporated in the Business Index 27 on the Indonesia Stock Exchange for the period 2013-2017. The technique used in sampling is purposive sampling with secondary data in the form of financial statements. The data analysis tool in this study uses multiple linear regression. Data testing consists of classic assumption and hypothesis testing. The results of this study indicate that the variables TATO and DTA affect the DPR while the variable cash position and ROA have no effect on the DPR. Discussion and implication were suggested in the paper.

FAKTOR INKONSISTENSI PERUSAHAAN DALAM PEMBAYARAN DIVIDEN

2017 ◽  
Vol 2 (3) ◽  
pp. 267
Author(s):  
Alfatur Devaki
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Stock Exchange ◽  
Current Ratio ◽  
Dividend Payout ◽  
Return On Equity ◽  
Equity Ratio

<p>During the period 2012-2015 found 46 companies listed in LQ 45 did not consistently pay dividends to shareholders. This is a problem because consitent or stable dividend payouts are very important for investors as an evaluation of owner’s equity. This study aims to determine factors which affect the companies inconsistency in dividend payouts by testing profitability factor which is measured by return on equity, leverage factor which is measured by debt to equity ratio, and liquidity factor which is measured by current ratio on companies listed in LQ 45 in Indonesia Stock Exchange 2012-2015. The population of this research was all of companies listed in LQ 45 in Indonesia Stock Exchange, and the sampel consisted of thirty companies. The analysis was conducted by using multiple linear regression. The results indicated that simultaneously the return on equity, debt to equity ratio, and current ratio affected on dividend payout ratio. While partially the return on equity affected positively on dividend payout ratio, the debt to equity ratio affected negatively on dividend payout ratio, and current ratio did not affect on dividend payout ratio.</p><p>Selama periode 2012-2015 ditemukan 46 perusahaan yang terdaftar dalam Indeks LQ 45 tidak konsisten membayarkan dividen kepada pemegang saham. Hal ini menjadi masalah karena pembayaran dividen yang dilakukan secara konsisten atau stabil sangat penting bagi investor sebagai evaluasi terhadap ekuitas pemilik. Penelitian ini bertujuan untuk menentukan faktor-faktor yang mempengaruhi inkonsistensi perusahaan dalam pembayaran dividen yaitu dengan menguji faktor profitabilitas yang diukur dengan returnon equity, faktor leverage yang diukur dengan debt to equity ratio, dan faktor likuiditas yang diukur dengan current ratio pada perusahaan LQ 45 di Bursa Efek Indonesia periode tahun 2012-2015. Populasi dari penelitian ini adalah seluruh perusahaan LQ 45 di Bursa Efek Indonesia, dan sampel terdiri dari 30 perusahaan. Pengujian dilakukan dengan menggunakan metode analisis regresi linier berganda. Hasil peneltian menunjukkan bahwa return on equity, debt to equity ratio, dan current ratio berpengaruh secara simultan terhadap dividend payout ratio. Sedangkan secara parsial,return on equitydan debt to equity ratio berpengaruh terhadap dividend payout ratio, namun current ratio tidak berpengaruh terhadap dividend payout ratio</p>

scholarly journals The Influence Of Motivation And Discipline On The Work Productivity Of Employees In Camat Office Of Sukaraja District, Seluma Province, Bengkulu Province

2021 ◽  
Vol 2 (1) ◽  
pp. 1-12
Author(s):  
Ida Ayu Made Er Meytha Gayatri ◽  
Mimi Kurnia Nengsih
Keyword(s):  
Linear Regression ◽  
Hypothesis Testing ◽  
Multiple Linear Regression ◽  
Work Productivity ◽  
Positive Influence ◽  
Regression Equation ◽  
Head Office ◽  
Regression Test

The purpose of this study was to determine factors such as motivation and work discipline tahat affect the work prductivity of employees at the Head Office of Sukaraja District, Seluma Regency. The sample in this study was 29 employees at the Head Office of Sukaraja District, Seluma Regency. Data collectiion using a questionnaire and the method of analysis used is multiple linear regression, test of determination and hypothesis testing. The result of the regression equation is Y = n10,107 + 0,417 X1 + 0,361X2 + e, which means that motivation and work discipline have a positive influence of the work productivity of employees at the Head Office of Sukaraja District, Seluma Regency. The results of the determination test was 0,567 0r (56,7%). This shows that motivation and work discipline have an effect on the work  productivity of employees at the Subdistrict Head Office of Sukaraja District, Seluma Regency by 56,7 % while the rest are explained or influenced by other variables not examined.

scholarly journals PENGARUH PENYAJIAN LAPORAN KEUANGAN DAERAH DAN AKSESIBILITASNYA TERHADAP TRANSPARANSI DAN AKUNTABILITAS PENGELOLAAN KEUANGAN DAERAH DI PEMERINTAHAN KABUPATEN KEPULAUAN TALAUD

2013 ◽  
Vol 2 (1) ◽  
pp. 27
Author(s):  
Dedy Aries Poae ◽  
David P. E Saerang
Keyword(s):  
Linear Regression ◽  
Hypothesis Testing ◽  
Multiple Linear Regression ◽  
Financial Management ◽  
Test Validity ◽  
Financial Statements ◽  
T Test ◽  
Financial Statement ◽  
F Test ◽  
Transparency And Accountability

At the time of onset of regional autonomy in the hope that emerges is more independent local governments in the implementation of government activities and conduct development in their respective areas. Government Regulation Number 24 of 2005 Government Accounting Standards neighbor besides achieving good governance is also the answer to anticipation the financial reporting guidelines that can be generally accepted.The research was conducted at the head and the staff involved in the process of financial management in the Government District Talaud Islands. This study aimed to determine the effect of financial statement presentation and accessibility to transparency and accountability in government financial management goverment Talaud Islands.Data analysis method used is the method of multiple linear regression, descriptive statistics test, test validity and reliability testing, test assumptions of classical, hypothesis testing  ( F test and t test ) , the coefficient of determination  ( R ² ) . To complete the overall data analysis used SPSS 20.0 software.The results show the financial statement presentation and accessibility significantly affect the transparency and accountability of financial management. It can be seen from the equation Y = 5,425 + + 0.579X1 0.094X2. Of multiple linear regression equation shows that the financial statement presentation and accessibility positive effect on transparency and accountability in the management of the financial statements. The correlation coefficient  ( R )  obtained for 65.3% and the coeffi cient of determination  ( R ² )  of 42.7% and the remaining 57.3% or other variables not examined in this study. Results of hypothesis testing  ( F test )  showed a significance value of 0.000 at the significant level α = 0.05 level test results mean F states H0 rejected Ha accepted. And  ( t test )  showed for the variable X1  ( Regions Financial Statements )  significant value for 0000 with a significant level of α = 0.05 then H0 is rejected means-Ha is accepted, it means the area of financial statement presentation variables significantly affect the transparency and accountability of financial management. For the variable X2  ( Aksesibilitan Regional Financial Statements )  significant value of 0.526 with a significant level of α = 0.05 then H0 is accepted means Ha rejected, meaning that the variable with Regional Financial Statements do not significantly affect the Transparency and Accountability of Financial Management.

scholarly journals Audit Delay Ditinjau dari Ukuran KAP, Solvabilitas, Audit Tenure, dan Kompleksitas Operasi

2020 ◽  
Vol 12 (1) ◽  
pp. 42-52
Author(s):  
Farida Nur Soleh Widiasari ◽  
Yuli Chomsatu Samrotun ◽  
Suhendro Suhendro
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Stock Exchange ◽  
Sample Selection ◽  
Investment Decisions ◽  
Secondary Data ◽  
Financial Statements ◽  
Total Sample ◽  
Manufacturing Companies ◽  
Analysis Technique

The study was conducted to investigate the effect of KAP size, solvency, audit tenure, and complexity of operations on audit delay. The data used are secondary data derived from the financial statements of mining sector manufacturing companies listed on the Indonesia Stock Exchange in 2015 - 2018. The sample selection is done by purposive sampling, so that the total sample can be obtained as 57 samples. The analysis technique used is multiple linear regression processed with  the SPSS 22 program. The results of the study simultaneously show that the size of the KAP, solvency, audit tenure, and complexity of operations affect the audit delay. While the research results partially state that the solvency and complexity of operations have an influence on audit delay, while the KAP size and audit tenure have no effect on audit delay. From the results of the study, is expected to assist auditors in identifying factor - factor that affect audit delay in optimizing performance and as a material consideration for investors in making investment decisions. Keywords: AudittDelay, KAP Size, Solvency, AudittTenure, Complexity of Operations

scholarly journals NILAI PERUSAHAAN REAL ESTATE

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Kun Ismawati
Keyword(s):  
Linear Regression ◽  
Real Estate ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Coefficient Of Determination ◽  
Investment Policies ◽  
Dividend Policies ◽  
Funding Policies ◽  
Regression Test

The purpose of the study is to determine the effect of investment policies, funding policies, and dividend policies on the value of real estate companies listed in the Indonesia Stock Exchange either partially or simultaneously. Data used in this research is secondary data obtained from the company's financial statements, as many as 42 companies from 2012-2014 period. There were 126 data obtained and analyzed with t test, F test, coefficient of determination test, and multiple linear regression test. The conclution of the research were investment policies, funding policies, and dividend policies affect the value of real estate companies listed in the Indonesia Stock Exchange either partially or simultaneously.

scholarly journals PENGARUH KOMPETENSI, INDEPENDENSI, DAN PROFESIONAL AUDITOR TERHADAP KUALITAS AUDIT

2016 ◽  
Vol 2 (1) ◽  
pp. 16-37
Author(s):  
Lia Dahlia ◽  
Ellyn Octavianty
Keyword(s):  
Decision Making ◽  
Linear Regression ◽  
Hypothesis Testing ◽  
Multiple Linear Regression ◽  
Audit Quality ◽  
Financial Statements ◽  
Processing Method ◽  
Coefficient Of Determination ◽  
Significant Positive Effect ◽  
Positive Effect

Audit quality is very important, where the higher the quality audit that is applied to produce financial statements accurate and reliable as a basis for decision making for the users of these financial statements. The purpose of this study was to determine the effect of competence, independence and profeionalisme auditor to audit quality. Processing method to test the validity, reliability, multiple linear regression, hypothesis testing, and test the coefficient of determination. The results showed the competence of auditors in carrying out audits and significant positive effect on audit quality in KAP in South Jakarta. Independence of the auditor in carrying out audits and significant positive effect on audit quality in KAP. While Professionalism auditor in carrying out audits and significant positive effect on audit quality in KAP.Keywords: competence, independency, professionalism, and quality audits.

scholarly journals Pengaruh Kualitas Audit, Ukuran Perusahaan Dan Leverage Terhadap Manajemen Laba Pada Perusahaan Perbankan Yang Tercatat Di Bursa Efek Indonesia Tahun 2016-2018

2020 ◽  
Vol 1 (01) ◽  
pp. 56
Author(s):  
Rodhiya Maulidah ◽  
Rahmat Agus Santoso
Keyword(s):  
Linear Regression ◽  
Earnings Management ◽  
Multiple Linear Regression ◽  
Firm Size ◽  
Management Practices ◽  
Audit Quality ◽  
Stock Exchange ◽  
Financial Statements ◽  
Company Size ◽  
Earnings Information

The existence of earnings information that is needed in the financial statements can be targeted by parties who are not responsible for carrying out earnings management practices. There are several factors that can present earnings management practices, namely audit quality, company size and leverage. This study discusses the evaluation of quality, company size and leverage on earnings management in banking companies listed on the Indonesia Stock Exchange in 2016-2018. By using 117 samples of annual financial statements or financial statements of companies listed on the Indonesia Stock Exchange. Tests carried out using multiple linear regression. Regression results indicate the results of quality audits and firm size significantly influence earnings management. Meanwhile, leverage is not significant to earnings management. It is expected that the results of this study can add insight for users of financial statements to pay attention to audit quality and company size to avoid earnings management practices.

scholarly journals KEBIJAKAN DIVIDEN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

2021 ◽  
Vol 17 (1) ◽  
pp. 61
Author(s):  
Retno Ika Sundari
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Firm Size ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Measuring Instruments ◽  
Dividend Payout ◽  
Sample Data ◽  
Size Growth ◽  
Significant Size

ABSTRAK Penelitian ini bertujuan untuk menentukan dan menganalisa pengaruh profitabilitas, leverage, ukuran perusahaan, pertumbuhan dan likuiditas terhadap kebijakan dividen pada perusahaan manufaktur yang terdaftar di bursa Efek Indonesia dalam tahun amatan 2013-2017. Populasi penelitian adalah semua perusahaan manufaktur yang terdaftar di BEI, dengan sampel yang diperoleh 37 perusahaan yang sesuai dengan kriteria yang ditetapkan. Data tersebut dianalisa dengan menggunakan pengujian asumsi klasik dan analisa berganda dengan menggunakan SPSS 25. Simpulan dari peneliian ini menyatakan bahwa profitabilitas berpengaruh signifikan terhadap kebijakan dividen, Pertumbuhan berpengaruh negatif signifikan terhadap kebijakan dividen. Sementara itu, leverage tidak berpengaruh negatif signifikan, ukuran perusahaan dan likuiditas tidak berpengaruh positif signifikan terhadap kebijakan dividen.Kata kunci: kebijakan dividen, profitabilitas, pertumbuhan, teori sinyal ABSTRACT This study aims to determine and analyze the effect of Profitability, Leverage, firm size, growth and liquidity on Dividend Payout Ratio, in manufacturer companies listed on the Indonesia Stock Exchange (IDX) for the period 2013-2017. The population in this study were all manufacturer companies listed on the Indonesia Stock Exchange (IDX), while the samples that met the criteria for sampling for this study amounted to 37 companies. Analysis of sample data for this study is the Analysis of Multiple Linear Regression, Classical Assumption Test, Hypothesis Test, and Determinant Coefficient using SPSS 25 measuring instruments. The results showed that profitability show a positif significant on the Dividend Payout Ratio, Growth  show negative significant on the Payout Ratio Dividend. However, leverage did not show negative significant, size and liquidity did not show positive significant on Dividend Payout Ratio.Keywords: dividend policy, growth, profitability, signaling theory

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