THE EFFECT OF EARNING PER SHARE, INVESTMENT OPPORTUNITY SET, TOTAL ASSET TURNOVER, AND COLLATERALIZABLE ASSET ON DIVIDEND POLICY (Research on Consumer Goods Industrial Sector Companies Listed on the Indonesian Stock Exchange for the 2015-2019 period)

Dividend policy is a company's decision to determine whether the profits earned by the company will be distributed to investors in the form of dividends or by increasing the company's retained earnings. The purpose of this research was to determine the effect of earnings per share, investment opportunities, total asset turnover, and collateralizable assets on dividend policy in consumer goods industry entities listed on the Indonesia Stock Exchange for the 2015-2019 period. The population in this research was the consumer goods industry listed on the Indonesia Stock Exchange of 52 entities in 2015-2019. The technique of determining the sample used is purposive sampling. The samples obtained are 13 companies incorporated in the consumer goods industry sectors in the Indonesia Stock Exchange for 2015-2019. Based on the analysis, the result shows that the variable total asset turnover partially has a significant positive effect on dividend policy. Collateralizable asset variable has a significant negative impact on dividend policy. In contrast, the investment opportunity variables and earnings per share don't affect dividend policy. This research can be used as a reference for stakeholders in the company to consider the total asset turnover that affects dividend policy in a company.

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Assessing Stock Return: Findings from Consumer Goods Industry in Indonesia

JURNAL EKONOMI DAN BISNIS ISLAM ◽

10.32505/jebis.v1i2.27 ◽

2017 ◽

Vol 1 (2) ◽

Author(s):

Fitria Mandaraira ◽

Said Muniruddin

Keyword(s):

Consumer Goods ◽

Stock Return ◽

Stock Exchange ◽

Secondary Data ◽

Total Sample ◽

Investment Opportunity ◽

Earnings Per Share ◽

Investment Opportunity Set ◽

Consumer Goods Industry ◽

The Impact

This study aims to determine the impact of earnings per share (EPS), dividendpayout ratio (DPR), debt to equity ratio (DER), and investment opportunity set(IOS) on stock return. Population of this study is consumer goods industry sectorcompanies listed on Indonesia Stock Exchange (IDX). The total sample wastaken compromising 17 companies within a period from 2010-2013, by usingpurposive sampling method. The data used are secondary data and analyticalmethods use is regression analysis test tools. The results of this study showedthat there are no impacts of earnings per share, dividend payout ratio, debt toequity ratio, and investment opportunity set partially and simultaneously on stockreturn on the consumer goods industry sector companies. The results of thisstudy mostly influenced by the performance of consumer goods industry sectorcompanies that have high stability and resistant towards crisis.

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Pengaruh Debt to Equity Ratio, Current Ratio, dan Total Asset Turnover terhadap Return on Equity pada Perusahaan Consumer Goods Industry

Jurnal Ilmiah Universitas Batanghari Jambi ◽

10.33087/jiubj.v20i3.1029 ◽

2020 ◽

Vol 20 (3) ◽

pp. 856

Author(s):

Indah Astry Wahyuni Sagala ◽

Cathrine J Pane ◽

Evrina Yolanda ◽

Ningsih Firda Yanti ◽

Maya Sabirina Panggabean

Keyword(s):

Consumer Goods ◽

Stock Exchange ◽

Secondary Data ◽

Total Asset ◽

Current Ratio ◽

Return On Equity ◽

Return On Capital ◽

Asset Turnover ◽

Consumer Goods Industry ◽

Total Turnover

Debts to Equty, Current Ratio, and Total Turnover of Assets to Return On Equity in the Consumer Goods Industry Company that were found on the Indonesia Stock Exchange for the period 2013-2018. This study uses a sample of 19 Consumer Goods Industry companies that were found on the Indonesia Stock Exchange in the period 2013-2018. This research is quantitative research. The data used are secondary data obtained from the site www.Idx.co.id. The sampling method is Purposive Sampling. Data analysis method used is multiple linear testing. The results showed that the Debt to Equity was insignificant to Return on Capital, the current ratio was calculated partially and significantly to Return on Capital and Total Asset Turnover was not partially related and not significant to Return on Capital. Meanwhile, all independent variables in this study support Return on Equity.

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Determinasi Profitabilitas Pada Perusahaan Manufaktur Sektor Barang Konsumsi

Journal of Accounting Science ◽

10.21070/jas.v4i1.412 ◽

2020 ◽

Vol 4 (1) ◽

pp. 81-104

Author(s):

Evi Husnah ◽

Iwan Setiadi

Keyword(s):

Consumer Goods ◽

Stock Exchange ◽

Sample Selection ◽

Total Asset ◽

Manufacturing Companies ◽

Return On Assets ◽

Current Ratio ◽

Industry Sector ◽

Asset Turnover ◽

Consumer Goods Industry

This study aims to analyze the effect of Current Ratio, Total Asset Turnover, Debt to Equity and Firm Size on Profitability in Manufacturing Companies in the Consumer Goods Industry Sector in 2011-2017. The design of this study is causal associative. The population of this study includes all Manufacturing Companies of the Consumer Goods Industry Sector Listed on the Indonesia Stock Exchange during 2011-2017. Sample selection techniques using purposive sampling method and research data obtained by 20 companies. The data analysis technique is done by using Descriptive Statistical Analysis, Classic assumption test which includes normality test, autocorrelation test, heteroscedasticity test and multicollinearity test, Multiple Linear Regression Test and Model Feasibility Test which include Determination Coefficient Test, T test and F Test. The research results partially show the Current Ratio has a negative and not significant effect on Return on Assets. Total Asset Turnover and company size have a positive and significant effect on Return on Assets, and Debt to Equity Ratio has a negative and significant effect on Return on Assets. But Simultaneously it is known that CR, TATO, DER and Size have a significant effect on ROA.

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Pengaruh Cash Ratio (CR), Total Asset Turnover (TATO), Return On Assets (ROA) Terhadap Dividend Payout Ratio (DPR) Pada Perusahaan Sektor Aneka Industri dan Industri Barang Konsumsi yang Terdapat di Bursa Efek Indonesia Tahun 2013-2017

Jurnal Ilmiah Esai ◽

10.25181/esai.v13i2.1305 ◽

2021 ◽

Vol 13 (2) ◽

pp. 107-123

Author(s):

Lindi Lindi ◽

Yulia Paramitha ◽

Hera Eria Br Sitepu ◽

Sri Devi Erawati Tampubolon ◽

Wenny Anggeresia Ginting ◽

...

Keyword(s):

Consumer Goods ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Total Asset ◽

Return On Assets ◽

Dividend Payout ◽

Analysis Technique ◽

Asset Turnover ◽

Consumer Goods Industry

This study aims to determine the effect of Cash Ratio, Total Asset Turnover and Return On Assets on Dividend Payout Ratio in the Various Industries and Consumer Goods Industry found on the Indonesian Stock Exchange. The populations of this study were all companies in the various goods industries and consumer goods industry in the Indonesia Stock Exchange of 85 companies in the period 2013-2017. The technique of determining the sample used is purposive sampling. The samples obtained are 23 companies incorporated in the various goods industry and consumer goods industry sectors in the Indonesia Stock Exchange for the period 2013-2017. The data analysis technique used is the classic assumption test and multiple linear regression analysis with the help of SPSS 20. Based on the analysis, the results show that Cash Ratio and Total Asset Turnover have no significant effect on Dividend Payout Ratio, while Influential Return On Assets gives positive and significant effect on the Dividend Payout Ratio.Keywords : Cash Ratio, Total Asset Turnover, Sales, Return On Assets, Dividend Payout Ratio

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PENGARUH DEBT TO TOTAL ASSET RATIO DAN TOTAL ASSET TURN OVERTERHADAP EARNING PERSHARE PADA PERUSAHAAN SUBSEKTOR FARMASI YANG TERDAFTAR DI BURSA EFEK INDONESIA

10.31227/osf.io/jh4z9 ◽

2018 ◽

Author(s):

STIM Sukma

Keyword(s):

Data Processing ◽

Pharmaceutical Company ◽

Stock Exchange ◽

Total Asset ◽

Coefficient Of Determination ◽

Simultaneous Test ◽

Earnings Per Share ◽

Regression Test ◽

Asset Turnover ◽

Convenience Sampling

The purpose of this study was to determine whether there is influence of debt to total assets ratio and total asset turnover to earnings per share in the sub-sector pharmaceutical company listed on the Indonesia Stock Exchange. Samples were taken throughout the pharmaceutical company listed on the Indonesia Stock Exchange for the years 2010 to 2015, sampling using a convenience sampling is sampling based on the desire of researchers. Analysis of data using multiple regression test the accuracy of the model (the classical assumption), hypothesis testing using the coefficient of determination (R ²), partial test (t test) and a simultaneous test (f test), while the data processing using SPSS. The results showed that test the coefficient of determination (R ²) DAR and TATO variable able to explain the existence of the variable Earning Per Share, besides partially and simultaneously DAR and TATO negative and not significant to Earning Per Share.Keywords: Debt to total assets ratio, total asset turnover and earnings per share.

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PENGARUH LABA AKUNTANSI, ARUS KAS OPERASI DAN UKURAN PERUSAHAAN TERHADAP HARGA PENUTUPAN SAHAM MELALUI KEBIJAKAN DIVIDEN

INDONESIAN JOURNAL OF ACCOUNTING AND GOVERNANCE ◽

10.36766/ijag.v3i2.48 ◽

2020 ◽

Vol 3 (2) ◽

pp. 87-119

Author(s):

Saiful Muchlis ◽

Febriani Setijawan

Keyword(s):

Cash Flow ◽

Indirect Effect ◽

Consumer Goods ◽

Stock Prices ◽

Quantitative Methods ◽

Dividend Policy ◽

Stock Exchange ◽

Company Size ◽

Operating Cash Flow ◽

Consumer Goods Industry

This study aims to determine the effect of accounting profit, operating cash flow and company size on stock prices through dividend policy on consumer goods industry companies on the Indonesia Stock Exchange. This research uses quantitative methods and the type of explanatory research with 2016-2018 observation years in 17 company samples. The results show (1) accounting profit and operating cash flow have a positive and significant effect on dividend policy, while the size of the company has no influence on dividend policy. (2) accounting profit and operating cash flow do not have an effect on the closing prices, while the size of the company has a positive and significant effect on the closing prices. (3) dividend policy has a positive and significant effect on the closing prices. (4) there is no indirect effect of dividend policy in mediating accounting profit and operating cash flow on the closing prices, but there is an indirect effect of dividend policy in mediating company size on the closing prices.

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Impact of the Covid 19 Pandemic on the Financial Performance of Consumer Goods Industry in 2019-2020 on the Indonesia Stock Exchange

RSF Conference Series: Business, Management and Social Sciences ◽

10.31098/bmss.v1i3.290 ◽

2021 ◽

Vol 1 (3) ◽

pp. 75-80

Author(s):

Sri Isworo Ediningsih ◽

Agung Satmoko

Keyword(s):

Financial Performance ◽

Consumer Goods ◽

Stock Exchange ◽

Current Ratio ◽

Return On Equity ◽

Industry Sector ◽

The People ◽

Food And Beverage ◽

Asset Turnover ◽

Consumer Goods Industry

Covid -19 pandemic that announced by the Indonesian government on March 2, 2020, may have an impact on the company's financial performance, marked by layoffs, decreased productivity, and decreased purchasing power of the people. This study aims to determine the financial performance of companies in the consumer goods industry sector in 2019 - 2020 (food and beverage sub-sector with pharmaceutical sub-sector) listed on the Indonesia Stock Exchange. The financial performance referred to in this study is measured by Current Ratio/CR, Debt Ratio/DR, Total Asset Turnover/TATO, Return On Equity/ROE, and Price Earning/PE. This study found that the financial performance of companies in the consumer goods industry and the financial performance of companies in the food and beverage sub-sector as measured by CR, DR, TATO, and PE increased, but ROE decreased during the pandemic Covid-19. On the other hand, the financial performance of the pharmaceutical sub-sector companies as measured by DR, TATO, ROE, and PE increased, and CR decreased during the Covid-19 pandemic.

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Profit Growth, Size, Liquidity And Investment Opportunity Set On Earnings Quality (Studi Empiris Pada Perusahaan Manufaktur Sektor Consumer Goods Industry Yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2019)

PROSIDING SEMINAR NASIONAL EKONOMI DAN BISNIS ◽

10.32528/psneb.v0i0.5151 ◽

2021 ◽

Author(s):

Ratu Ayu Mas Intan Siti Imaniyah ◽

◽

Dian Maulita ◽

Keyword(s):

Consumer Goods ◽

Sampling Method ◽

Stock Exchange ◽

Earnings Quality ◽

Research Paradigm ◽

Manufacturing Companies ◽

Investment Opportunity ◽

Investment Opportunity Set ◽

Consumer Goods Industry ◽

Profit Growth

This study aims to examine the effect of Profit Growth, Size, Liquidity and Investment Opportunity Set on Earnings Quality in the consumer goods industry manufacturing companies listed on Indonesian Stock Exchange for the period 2015-2019. The research paradigm used is a quantitative paradigm with descriptive causality research methods. The population of this research were 55 companies and samples obtained were 29 companies with a purposive sampling method. Based on the results of the study, it can be concluded that: 1) profit growth has a significant effect on earnings quality, 2) size has no significant effect on earnings quality, 3) liquidity has a significant effect on earnings quality, 4) investment opportunity set has a significant effect on earnings quality, 5) profit growth, size, liquidity and investment opportunity set together have a significant effect on earnings quality.

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PENGARUH KEBIJAKAN DIVIDEN, KEBIJAKAN HUTANG, PROFITABILITAS DAN KEPEMILIKAN MANAJERIAL TERHADAP NILAI PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2015-2019

Stability: Journal of Management and Business ◽

10.26877/sta.v4i1.8186 ◽

2021 ◽

Vol 4 (1) ◽

pp. 15-27

Author(s):

Desi eka Ardiani ◽

Sri Hermuningsih ◽

Ratih Kusumawardani

Keyword(s):

Consumer Goods ◽

Firm Value ◽

Dividend Policy ◽

Stock Exchange ◽

Managerial Ownership ◽

Financial Reports ◽

Insignificant Effect ◽

Industrial Companies ◽

Consumer Goods Industry ◽

Debt Policy

Penelitian dilakukan guna menganalisis pengaruh kebijakan dividen, kebijakan hutang, profitabilitas dan kepemilikan manajerial terhadap nilai perusahaan subsektor industri barang konsumsi yang telah terdaftar di Bursa Efek Indonesia tahun 2015-2019. Populasi terdiri dari seluruh perusahaan industri barang konsumsi tahun 2015 hingga 2019. Sampel penelitian ini yaitu 8 perusahaan subsektor industri barang konsumsi dan seri waktu 5 tahun dari 2015 sampai 2019. Data didapatkan melalui laporan keuangan tahunan di Bursa Efek Indonesia (BEI) memakai metode purposive sampling yakni didasarkan pada kriteria tertentu. Metode analisis memakai analisis regresi berganda, asumsi kalsik dan uji hipotesis dengan tingkat memakai program SPSS. Hasil yang telah diselesaikan kebijakan dividen(DPR) berpengaruh positif dan signifikan terhadap nilai perusahaan. Kebijakan hutang(DER) berpengaruh positif dan tidak signifikan terhadap nilai perusahaan. Profitabilitas(ROA) berpengaruh positif dan signifikan terhadap nilai perusahaan. Kepemilikan manajerial(KM) berpengaruh positif dan tidak signifikan terhadap nilai perusahaan. Kemudian bersama-sama kebijakan dividen, kebijakan hutang, profitabilitas dan kepemilikan manajerial berpengaruh terhadap nilai perusahaan. AbstractThis study aims to analyze the effect of dividend policy, debt policy, profitability, and managerial ownership on the value of the consumer goods industry sub-sector companies that have been listed on the Indonesia Stock Exchange in 2015-2019. The population used is all consumer goods industrial companies from 2015 to 2019. The sample of this research is 8 companies in the consumer goods industry subsector and a 5-year time series from 2015 to 2019. Data is obtained from annual financial reports on the Indonesia Stock Exchange (IDX) using a purposive method. sampling that is based on certain criteria. The analytical method used is multiple regression analysis, calcic assumptions, and hypothesis testing using the SPSS program. The results that have been finalized dividend policy (DPR) have a positive and significant effect on firm value. Debt policy (DER) has a positive and insignificant effect on firm value. Profitability (ROA) has a positive and significant effect on firm value. Managerial ownership (KM) has a positive and insignificant effect on firm value. Meanwhile, collectively, dividend policy, debt policy, profitability, and managerial ownership affect firm value.

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Faktor-faktor yang mempengaruhi kebijakan dividen pada perusahaan non keuangan

Jurnal Bisnis dan Akuntansi ◽

10.34208/jba.v19i1.68 ◽

2018 ◽

Vol 19 (1) ◽

pp. 92-102

Author(s):

NOVIA WIJAYA

Keyword(s):

Dividend Policy ◽

Stock Exchange ◽

Total Asset ◽

Sales Growth ◽

Current Ratio ◽

Return On Equity ◽

Factors Affecting ◽

Asset Turnover ◽

Equity Ratio ◽

Financial Company

The purpose of this research is to analyze the factors affecting on dividend policy of non financial company that listed in Indonesian Stock Exchange for period 2011 until 2013. This research use return on equity (ROE), current ratio (CR), debt to equity ratio (DER), sales growth (SG), investment opportunity set (IOS), size of firm (SIZE), and total asset turnover (TATO). The data are collected from 99 non financial company listed at Indonesian Stock Exchange (BEI) and the observation period are three years. Sampling method used is purposive sampling and data analysis with multiple linear regression. Empirical evidence shows that, sales growth has influence to dividend policy and return on equity, current ratio, debt to equity ratio, investment, size firm, and total asset turnover have not influence to dividend policy.

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