The Effects of Debt To Equity Ratio, Cash Ratio, Return on Assets, Growth Rate and Institutional Ownership Toward Dividend Policy at The Companies

A company founded is of three objectives, that is to say, to obtain maximum profit, to prosper the owner of the company, and to maximize the value of the company. The purpose of financial management itself is to help the achievement of the company goals. However, sometimes there is a conflict of interests between the owner and management which is called an agency problem that can be reduced with various mechanisms, one of which is the dividend policy. The present study examined what effects the debt to equity ratio, cash ratio, and return on assets, growth rate, and institutional ownership would have on the dividend policy of companies listed on the Indonesia Stock Exchange in 2013-2017. Being familiar with the effect of debt to equity ratio, cash ratio, and return on assets, growth rates and institutional ownership on dividend policy of companies listed on the Indonesia Stock Exchange in 2013-2017 is the aim of this study. The type of data used is entirely secondary data that was quantitative. Documentation is the method used in gathering data on this study. Data were analyzed using logistic regression models. Based on the analysis, it can be concluded that Return on Assets has a positive effect on dividend policy of companies listed on the Indonesia Stock Exchange in 2013-2017, while Debt to Equity Ratio, Cash Ratio, growth rate, and institutional ownership have no effect on the company's dividend policy in 2013-2017.

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The Influence Of Managerial Ownership, Institutional Ownership, And Dividend Policy On The Financial Performance Of Construction And Building Companies Listed On The Indonesia Stock Exchange 2013-2017

IJEBD (International Journal Of Entrepreneurship And Business Development) ◽

10.29138/ijebd.v3i1.953 ◽

2019 ◽

Vol 3 (1) ◽

pp. 86-95

Author(s):

Yeni Sofiana ◽

Agus Sukoco ◽

Joko Suyono

Keyword(s):

Financial Performance ◽

Significant Influence ◽

Dividend Policy ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Institutional Ownership ◽

Multiple Linear Regression Analysis ◽

Managerial Ownership ◽

Return On Assets

Purpose: The purpose of this studyisdetermine the influence of managerial ownership, institutional ownership and dividend policy on corporate financial performance with indicators of Return On Assets (ROA). Design/methodology/approach: The research method used is multiple linear regression analysis. Findings: Dividend policy has a negative and significant influence on the company's financial performance.Simultaneously managerial ownership, institutional ownership and dividend policy have a significant influence on the company's financial performance. Research limitations/implications: This study uses secondary data from construction and building companies sub-sector companies listed on the Indonesia Stock Exchange. Practical implications: The results of this study are managerial ownership has a positive and significant influence on the company's financial performance. Originality/value: Paper type: This paper can be categorized as case study paper.

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Pengaruh Free cash flow, Kepemilikan Institusional, Profitabilitas dan Leverage Tehadap Kebijakan Dividen Tunai Pada Perusahaan Property dan Real estate yang Terdaftar di Bursa Efek Indonesia

Akuisisi: Jurnal Akuntansi ◽

10.24127/akuisisi.v15i2.429 ◽

2020 ◽

Vol 15 (2) ◽

pp. 26-34

Author(s):

Syelly Wulandari ◽

Nita Priska Ambarita ◽

Mia Dwi Puji Wahyuni Darsono

Keyword(s):

Real Estate ◽

Cash Flow ◽

Dividend Policy ◽

Stock Exchange ◽

Predictive Ability ◽

Institutional Ownership ◽

Free Cash Flow ◽

Return On Assets ◽

Equity Ratio ◽

Positive Effect

This research aims to examine and analyze the effect of free cash flow, institutional ownership, profitability and Leverage on dividend policy by using an approach multiple regression model. The proxies used to measure the financial elements are free cash flow, institutional ownership, Return on Assets and debt to equity ratio. The population in this research is property and real estate companies listed in Indonesia Stock Exchange for six years (2014-2019). Election sample procedure uses purposive sampling and the result are existed 5 companies that fulfill criteria so that amount of data studied by 30 data. The results of this research show that free cash flow, institutional ownership and profitability have a significant effect on dividend policy proxied by Dividend payout ratio. Leverage which is measured by debt to equity ratio hasn’t a significant effect on dividend policy. Free cash flow has a positive effect on dividend policy. Institutional ownership has a positive effect on dividend policy. Profitability which is measured by Return on Assets has a negative effect on dividend policy. The predictive ability of these variabel on dividend policy is 49,6% as shown by the amount of R square, while 50,4% is affected by the other factor which is not included in the research model.

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Pengaruh debt to equity ratio dan current ratio terhadap nilai perusahaan dengan return on asset sebagai variabel intervening

Jurnal Riset Mahasiswa Akuntansi ◽

10.21067/jrma.v8i2.5231 ◽

2021 ◽

Vol 8 (2) ◽

Author(s):

Meliani Imanah ◽

Alfinur ◽

Supami Wahyu Setiyowati

Keyword(s):

Path Analysis ◽

Firm Value ◽

Stock Exchange ◽

Secondary Data ◽

Total Sample ◽

Return On Assets ◽

Current Ratio ◽

Endogenous Variables ◽

Equity Ratio ◽

Positive Effect

This study aims to analyze the effect of debt to equity ratio and current ratio on firm value with return on assets as an intervening variable on food and beverages companies listed on the Indonesia Stock Exchange for the period of 2016-2018. The study uses secondary data from the annual report through access to www.idx.co.id. Data were analyzed using path analysis. The total sample of 13 companies and the method of taking sample members used is purposive sampling. The variables of this study consisted of debt to equity ratio and current ratio as exogenous variables, firm value as endogenous variables, and return on assets as intervening variables. The analysis shows that the debt to equity ratio, current ratio and return on assets have a positive effect on firm value. Debt to equity ratio and current ratio also have a positive effect on return on assets. Based on the results of the path analysis of the implications of this research that return on assets can not affect the relationship between debt to equity ratio and current ratio to the firm value so that it can provide input to researchers. It is better to add research periods and use a sample of several other sectors and can also use variables others that can strengthen the results of previous studies

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Pengaruh Cash Ratio, Debt to Equity Ratio, dan Return On Assets Terhadap Return Saham dengan Nilai Tukar sebagai Variabel Moderating Pada Perusahaan Perkebunan yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2014-2018

J-MAS (Jurnal Manajemen dan Sains) ◽

10.33087/jmas.v5i1.149 ◽

2020 ◽

Vol 5 (1) ◽

pp. 57

Author(s):

Yunan Surono ◽

Andrian Hadinata

Keyword(s):

Stock Returns ◽

Stock Exchange ◽

Descriptive Analysis ◽

Secondary Data ◽

Sampling Technique ◽

Return On Assets ◽

Significance Level ◽

Independent Variables ◽

Equity Ratio ◽

The Relationship

The purpose of the research is to analyze the Influence of Cash Ratio, Debt To Equity Ratio and Return On Assets to Stock Return With Exchange Rate as Moderating Variables In Plantation Companies Listed In Indonesia Stock Exchange. This research uses descriptive analysis and statistical analysis methods. data that uses secondary data. This study focuses on the influence of 3 independent variables on the dependent variable by adding moderation variables to determine whether the moderating variable can affect the relationship between the independent variables on the dependent variable. Hypothesis testing in this study uses the F test and t test, with a brief significance level (a) 5%. This data analysis uses SPSS 20 data processing software for Windows. The population of this study is companies engaged in the plantation sector in the Indonesia Stock Exchange period 2014 - 2018, with a purposive sampling technique, obtained 6 companies that have fullfill criteria in this research. The results of this study partially Cash Ratio, Debt to Equity Ratio, and Return On Assets have a significant effect on stock returns, partially Debt to Equity Ratio and Return On Assets have a significant positive effect on stock returns, while Cash Ratio has no significant effect on stock returns. and the value is not able to affect the relationship between independent variable and dependent variable.

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Analisis Pengaruh Karakteristik Perusahaan terhadap Perataan Laba oleh Perusahaan Manufaktur

Journal of Education, Humaniora and Social Sciences (JEHSS) ◽

10.34007/jehss.v3i1.247 ◽

2020 ◽

Vol 3 (1) ◽

pp. 178-186

Author(s):

Felino Pernando Purba ◽

Hotmaria Sinaga ◽

Munawarah Munawarah

Keyword(s):

Firm Size ◽

Financial Management ◽

Stock Exchange ◽

Income Smoothing ◽

Financial Statement ◽

Coefficient Of Determination ◽

Return On Assets ◽

Current Ratio ◽

Observation Process ◽

Equity Ratio

The purpose of this study is to test or analyze the accuracy of the Return On Assets, Firm Size, Current Ratio, Debt to Equity Ratio for Income Smoothing actions on corporate manufacturing published on the Stock Exchange in 2015-2017. In this study using the theories of financial statement analysis, financial management related to Return On Assets, Firm Size, Current Ratio, Debt to Equity Ratio. In this study using a quantitative observation process. In this observation also applies the process of observing data such as financial statements contained on the IDX website. This observation involved 153 corporate manufactures as a population, which each year experienced a profit in 2015-2017. The technique in citing samples in the observation, namely by using purposive sampling techniques so that 37 samples were multiplied for 3 years, 111 research samples were obtained. Simultaneous results with F test shows a significant effect on income smoothing, with the coefficient of determination test results of 4.2% so that the results of the research hypothesis Return On Assets, Firm Size, Current Ratio, Debt to Equity Ratio had no significant impact on income smoothing. And the T test produces a firm size variable that has a partial effect on income smoothing actions.

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Analisis Pengaruh Faktor-Faktor Terhadap Underpricing pada Penawaran Umum Saham Perdana Di Bursa Efek Indonesia

Syntax Idea ◽

10.36418/syntax-idea.v3i9.1491 ◽

2021 ◽

Vol 3 (9) ◽

pp. 2127

Author(s):

Moch Irfandi ◽

Sri Muljaningsih ◽

Kiki Asmara

Keyword(s):

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Test Results ◽

Firm Age ◽

Return On Assets ◽

Independent Variables ◽

Earnings Per Share ◽

Equity Ratio

Underpricing is an IPO phenomenon in the capital markets and have been proven by researchers in many countries. This study aims to determine the effect of debt to equity ratio, earnings per share, company age, return on assets on underpricing listed on the Indonesia Stock Exchange in the 2015-2019 period. This study uses multiple linear regression analysis where debt to equity ratio, earnings per share, company age, return on assets as independent variables, and underpricing as dependent variable. This study uses a quantitative approach and the data used in this study are secondary data taken from periodic underpricing data listed on the Indonesia Stock Exchange from 2015 to 2019. The test results show that the variable debt to equity ratio, earnings per share has a positive and significant effect. on underpricing, the firm age variable has no effect on underpricing and the variable return on assets has a negative and significant effect on underpricing.

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The Influence of Financial Performance and Institutional Ownership on Disclosure of Corporate Social Responsibility: Empirical Study of The Companies Listed on Indonesia Stock Exchange in 2012

Journal of Management and Business ◽

10.24123/jmb.v12i2.17 ◽

2015 ◽

Vol 12 (2) ◽

Cited By ~ 1

Author(s):

Dwi Puryati

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Stock Exchange ◽

Sampling Technique ◽

Institutional Ownership ◽

Return On Assets ◽

Corporate Social Disclosure ◽

High Profile ◽

Equity Ratio ◽

Corporate Social

This research aims to determine whether the financial performance as measured by Debt to Equity Ratio, Current Ration and Return on Assets and institutional ownership have a significant effect on the disclosure of Corporate Social Responsibility. This research used corporate social disclosure index (CSDI) as an indicator of Corporate Social Responsibility disclosure by using the Global Reporting Initaatives (GRI). Research method used is descriptive and verification method. Population in this research was categorized as high-profile companies that were listed on the Indonesia Stock Exchange in 2012 totaling 189 companies. The sampling technique used was random sampling technique with iteration. The result was a company that became the research sample as many as 46 companies. The data used in this study was a secondary data obtained through the study of the documentation to get a company's annual report data form samples, idx statistics and Indonesian Capital Market Directory (ICMD) in 2012. Data analysis used multiple regressions. Classical assumption test used before regression of that includes normality test, heteroscedasticity, multicollinearity and autocorrelation. It also examined the hypothesis with the t-test and F-test to examine the influence of independent variables to the dependent variable. The result of data anlaysis indicated that Debt to Equity Ratio and Current Assets were partially no significant effect on the disclosure of Corporate Social Responsibility. Return on Assets and Institutional Ownership partially significant effect on the disclosure of Corporate Social Responsibility (CSR). And Debt to Equity Ratio, Current Assets, Return On Assset and Institutional Ownership simultaneously significant effected on the disclosure of Corporate Social Responsibility (CSR).Penelitian ini bertujuan untuk mengetahui apakah kinerja keuangan yang diukur dengan Debt to Equity Ratio, Current Ration and Return on Assets dan institutional ownership berpengaruh signifikan terhadap pengungkapan Corporate Social Responsibility. Penelitian ini menggunakan corporate social disclosure index (CSDI) sebagai indikator pengungkapan Corporate Social Responsibility dengan menggunakan Global Reporting Initiatives (GRI). Metode penelitian yang digunakan adalah metode deskriptif dan verifikatif. Populasi dalam penelitian ini dikategorikan sebagai perusahaan high-profile yang terdaftar di Bursa Efek Indonesia pada tahun 2012 sebanyak 189 perusahaan. Teknik sampling yang digunakan adalah teknik pengambilan sampel acak dengan iterasi. Hasilnya adalah perusahaan-perusahaan yang menjadi sampel penelitian adalah sebanyak 46 perusahaan. Data yang digunakan dalam penelitian ini adalah data sekunder yang diperoleh melalui dokumen laporan tahunan perusahaan public di IDX statistik dan Direktori Pasar Modal Indonesia (ICMD) tahun 2012. Analisis data yang digunakan regresi berganda. Uji asumsi klasik yang digunakan sebelum regresi yang meliputi uji normalitas, heteroskedastisitas, multikolinearitas dan autokorelasi. Selain itu juga meneliti hipotesis dengan t-test dan F-test untuk menguji pengaruh variabel independen terhadap variabel dependen. Hasil data anlaysis menunjukkan bahwa Debt to Equity Ratio dan Aktiva Lancar secara parsial tidak berpengaruh signifikan terhadap pengungkapan Corporate Social Responsibility. Return on Assets dan Kepemilikan Institusional secara parsial berpengaruh signifikan terhadap pengungkapan Corporate Social Responsibility (CSR). Selain itu Debt to Equity Ratio, Aktiva Lancar, Return on Assset dan Kepemilikan Institusional secara bersamaan signifikan berpengaruh terhadap pengungkapan Corporate Social Responsibility (CSR).

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PENGARUH DEBT TO EQUITY RATIO DAN RETURN ON ASSETS TERHADAP HARGA SAHAM PERUSAHAAN SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Jurnal Manajemen Bisnis Krisnadwipayana ◽

10.35137/jmbk.v8i2.423 ◽

2020 ◽

Vol 8 (2) ◽

Author(s):

Ayu Puspitaningtyas, SE., MM.

Keyword(s):

Regression Analysis ◽

Data Analysis ◽

Stock Price ◽

Stock Exchange ◽

Secondary Data ◽

Sampling Technique ◽

Return On Assets ◽

Independent Variables ◽

Equity Ratio ◽

Test Result

<em>This study aims to determine the effect of debt to equity ratio and return on assets of stock price on food and beverages sector in Indonesia Stock Exchange. This study used secondary data, with samples 9 food & beverages companies in Indonesia Stock Exchange during the study period 2016-2018. Independent variables in this study are debt to equity ratio and return on assets. This study used purposive sampling technique. The method of data analysis used multiple regression analysis. Based on results of the study, only debt to equity ratio have no significant effect on stock price. Meanwhile, the F test result shows that Debt to Equity Ratio and Return on Assets jointly have effect on stock price.</em>

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Pengaruh Return On Assets, Return On Equity, Debt To Equity Ratio, Inflasi, Dan Suku Bunga Terhadap Return Saham Pada Perusahaan Manufaktur Di Bursa Efek Indonesia (Studi Empiris Pada Perusahaan Secondary Sectors Periode 2010-2015)

Jurnal Ilmiah Akuntansi Kesatuan ◽

10.37641/jiakes.v6i1.64 ◽

2018 ◽

Vol 6 (1) ◽

pp. 063-076

Author(s):

Ningsih Hikmawati ◽

Adi Wiratno ◽

Suyanto . ◽

Darmansyah .

Keyword(s):

Interest Rate ◽

Stock Returns ◽

Stock Return ◽

Quantitative Methods ◽

Stock Exchange ◽

Secondary Data ◽

Manufacturing Companies ◽

Return On Assets ◽

Return On Equity ◽

Equity Ratio

This study is aimed to ascertain and analyse the influence of return on assets, return on equity, debt to equit ratio, inflation, and interest rate, both partiall and simultaneously on the stock returns in manufacturing companies of secondary sectors listed in the Indonesian Stock Exchange. This research uses quantitative methods and EVIEWS panel 8 to analyse the regression. The population are manufacturing companies of secondary sector listed in the Indonesian Stock Exchange consisted of basic and chemical sectors, miscellaneous industry, and consumer goods sector in the period of 2010-2015. The sampling method used is pusposive sampling with the final number of 40 companies. The research required secondary data. The results show that return on assets has no negative effect on stock return, mean while, return on equity and interest rate have positive effect on stock return. Return on assets, return on equity, debt to equity ratio, inflation and interest rate all simultaneously have effect on stock returns.

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Pengaruh Struktur Modal Terhadap Profitabilitas (Studi Pada Perusahaan Pertambangan Yang Terdaftar di Bursa Efek Indonesia Periode 2011-2015)

Jurnal Riset Bisnis dan Investasi ◽

10.35313/jrbi.v3i3.948 ◽

2018 ◽

Vol 3 (3) ◽

pp. 89-98

Author(s):

Mitha Rahma Fauzan ◽

Mukaram

Keyword(s):

Regression Analysis ◽

Capital Structure ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Two Dimensions ◽

Return On Assets ◽

Return On Equity ◽

Equity Ratio

Capital structure is one of the issue that attract many researchers in the field of finance and an important issue for any company because of its capability to directly effect on companies’ financial position. This study aims to determine the effect of debt to equity ratio (DER) and debt to assets ratio (DAR) as the dimension of capital structure to return on equity (ROE) and return on assets (ROA) as dimensions of company profitability ratios, either simultaneously or partially on mining companies listed in Indonesia Stock Exchange period 2011-2015. This research was conducted by using multiple linear regression analysis and yielded two equations of regression model. The data obtained are secondary data using documentation method. The result of regression analysis shows that the two dimensions of capital structure have significant effect to both dimensions of profitability simultaneously. While partially, only DAR which have a significant effect on the ROE and ROA.

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