Analisis Kebijakan Dividen: Index CGPI sebagai Variable Moderasi

Owner ◽  
2022 ◽  
Vol 6 (1) ◽  
pp. 18-30
Author(s):  
Wulan Destiana Lestari Lasiman ◽  
Ayu Lestari ◽  
Sela Paramita Yuliartini
Keyword(s):  
Quantitative Methods ◽  
Dividend Policy ◽  
Bad News ◽  
Data Sources ◽  
Significant Positive Effect ◽  
Insignificant Effect ◽  
Good Reputation ◽  
One Year ◽  
A Company ◽  
Positive Effect

This study aims to empirically examine the effect of leverage, profitability, liquidity, the CGPI index in moderating, and the CGPI index in moderating dividend policy. This study uses quantitative methods with sample criteria are companies that do not consistently follow the CGPI ranking and companies that do not consistently distribute dividends. The object of research is a company registered in CGPI with data sources obtained at IDX and IICG. The results of this study, firstly, the effect of leverage on dividend policy has a significant positive effect, the high debt of the company causes the holding of the company's dividends. Second, the effect of profitability on dividend policy does not have a significant effect, because profitability is used for business expansion. Third, the effect of liquidity on dividend policy has an insignificant effect, because liquidity is used to pay off term debt with a period of less than one year. Fourth, the CGPI index as a moderating variable, the effect of leverage on dividend policy, cannot be moderated by the CGPI index, because good or bad reputation is not a guarantee if the company will give dividends to investors, because the company's main priority is paying off debt. Fifth, the CGPI index as a moderating variable, the influence of profitability on dividend policy, cannot be moderated by the CGPI index, because it is not always bad news for investors even if the company has a good reputation. Sixth, the CGPI index as a moderating variable, the influence of liquidity on dividend policy, cannot be moderated by the CGPI index, because high liquidity is not able to guarantee the amount of dividends distributed is getting bigger even if the company has a good reputation.

scholarly journals Effects of Happiness Levels in Asia

2020 ◽  
Vol 18 (1) ◽  
pp. 51
Author(s):  
Rully Firmansyah ◽  
Dyah Wulansari
Keyword(s):  
Life Expectancy ◽  
Quantitative Methods ◽  
Secondary Data ◽  
Data Sources ◽  
Significant Positive Effect ◽  
Independent Variables ◽  
Education And Health ◽  
Secondary Data Sources ◽  
Positive Effect

Happiness is the main goal in life. To measure someone's happiness is not easy, many opinions have emerged. Some say happiness can be measured through the satisfaction of one's life, some say happiness is measured through one's income, education, and health. The number of people's opinions to measure one's happiness appears as an indicator of happiness. At present, there are 48 indicators. One of the most accurate is HPI. The HPI indicator is very important for a country to increase the happiness of its people. Example: life expectancy in a country will increase and unemployment will decrease because a person has extensive knowledge and knowledge that is needed both by himself and the company that will accept him as his employee. The purpose of this study is to find out how HDI influences, life expectancy, unemployment on the level of happiness of people in ASIA. In this study using secondary data sources conducted by taking HDI data, life expectancy, unemployment in ASIA, and HPI data on ASIA. The results of the analysis using quantitative methods indicate that the independent variables namely HDI, life expectancy, and unemployment. Has a significant positive effect on the HPI dependent variable.

scholarly journals PENGARUH CORPORATE ENTREPRENEURIAL INTENTION DAN SELFEFFICACY TERHADAP ENTREPRENEURIAL INTENTION DAN ORGANIZATIONAL PERFORMANCE

2020 ◽  
Vol 29 (1) ◽  
pp. 37
Author(s):  
Okto Aditya Suryawirawan
Keyword(s):  
Organizational Performance ◽  
Risk Taking ◽  
Quantitative Methods ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
Significant Positive Effect ◽  
Moderator Variable ◽  
Insignificant Effect ◽  
The Relationship ◽  
Positive Effect

Introduction: This study aims to examine the effect of corporate entrepreneurial intentions consisting of innovation, risk taking, and proactiveness on entrepreneurial intentions and organizational performance, with self-efficacy as a variable that moderates the influence between corporate entrepreneurial intentions and entrepreneurial intentions in Citraland Surabaya.Methods: This study uses quantitative methods and the samples used are employees from various departments at Citraland Surabaya. The instrument used in this study was a questionnaire, then tested the relationship between variables with partial least squares, using the SmartPLS software.Results: The results of this study indicate that there is a positive and insignificant effect of innovation on entrepreneurial intentions, a negative and insignificant effect of risk taking on entrepreneurial intentions, and a non-significant positive effect on entrepreneurial intentions. This study also found that the overall variables of corporate entrepreneurial intention had a positive and insignificant effect on organizational performance. The moderator variable in the form of selfefficacy was found to be unable to moderate the effect of the company's entrepreneurial intentions on entrepreneurial intentions.Conclusion and suggestion: The company can also facilitate the entrepreneurial interest of these employees by giving them higher authority when the company establishes new branches. It is hoped that the company will realize the importance of fostering interest in the company, and how this will provide them with future retirement.

scholarly journals PENGARUH PROFITABILITAS DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI PEMEDIASI

2018 ◽  
Vol 7 (4) ◽  
pp. 1979
Author(s):  
Nelly Agustina Musabbihan ◽  
Ni Ketut Purnawati
Keyword(s):  
Real Estate ◽  
Capital Structure ◽  
Firm Value ◽  
Sampling Method ◽  
Dividend Policy ◽  
Significant Positive Effect ◽  
Analysis Technique ◽  
Real Estate Company ◽  
A Company ◽  
Positive Effect

Firm value is the price that potential buyers are willing to pay when a company is sold. The value of this company is very important because it is a reflection of the company's performance that shows the prospects of the company in the future which is also a indicator of market valuation of the company as a whole. The purpose of this study is to determine the effect of profitability and dividend policy on firm value with capital structure as mediator. This research was conducted at Property and Real Estate Company listed on BEI. The number of samples taken as many as 14 companies from 42 companies listed during the period 2012-2016 with purposive sampling method. The analysis technique used is path analysis. Based on the results of the analysis found that profitability has a significant positive effect on capital structure, dividend policy has no significant positive effect on capital structure, profitability, dividend policy, and capital structure have a significant positive effect on firm value, and capital structure able to mediate between the effect of profitability on firm value but can not mediate the effect of dividend policy on firm value. Keywords: Profitability, dividend policy, capital structure, firm value

scholarly journals The Effect of Zakat, Foreign Debt and Inflation Toward the Economic Growth of Indonesia Through Consumption in 2010-2019

2021 ◽  
Vol 1 (1) ◽  
pp. 11-27
Author(s):  
Rifda Nabila ◽  
Malik Anwar
Keyword(s):  
Economic Growth ◽  
Quantitative Methods ◽  
Time Series Data ◽  
Linear Regression Analysis ◽  
Foreign Debt ◽  
Multiple Linear Regression Analysis ◽  
Series Data ◽  
Significant Positive Effect ◽  
Insignificant Effect ◽  
Positive Effect

This study aims to examine the effect of zakat, foreign debt, inflation on economic growth with consumption as an intervening variable. This research uses quantitative methods with time series data. The sample used is as much as 40 for each variable from 2010-2019. This research method uses multiple linear regression analysis. The results showed that zakat has a significant positive effect on consumption, foreign debt and inflation have a positive and insignificant effect on consumption, consumption has a significant positive effect on economic growth, zakat has a significant positive effect on economic growth, foreign debt has a negative and insignificant effect on economic growth. Inflation has a positive and insignificant effect on economic growth. Zakat has a significant positive effect on economic growth through consumption. External debt and domestic inflation have an insignificant positive effect on economic growth through consumption.

scholarly journals Pengaruh Lingkungan Kerja dan Motivasi Kerja terhadap Kinerja Karyawan Crew Burger King Surabaya Timur

2021 ◽  
Vol 4 (2) ◽  
pp. 513-528
Author(s):  
Indiargo Dwi Prastyo ◽  
Bowo Santoso
Keyword(s):  
Work Environment ◽  
Quantitative Methods ◽  
Work Motivation ◽  
Employee Performance ◽  
Sampling Technique ◽  
Significant Positive Effect ◽  
Test Tool ◽  
A Company ◽  
Positive Effect ◽  
Collection Methods

To achieve a company goal, its important to looking for employee performance, work environment, and work motivation. Good or bad employee performance can be influenced by the work environment and  motivation, as  well  as  the  Burger  King  company  in  East  Surabaya. Burger  King Company is a company engaged in FnB. This study aims to analyze the effect of work environment and work motivation on employee performance of Burger King East Surabaya crew. The hypothesis in this study is that the work environment and work motivation have a significant influence on employee performance. This study uses quantitative methods and uses PLS as a test tool as well as data collection methods by  conducting surveys. Respondents in  this  study  were  50  respondents using  a  saturated sampling technique where all populations were sampled. The results of the study revealed that th e work environment partially had no significant effect and work motivation had a significant positive effect on employee performance.  Keywords: Work Environment, Work Motivation, Employee Performance  

scholarly journals The Effect of Distributive Justice, Procedural Justice of Compensation and Emotional Intelligence on Affective Commitments

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Nur Rizqi Febriandika
Keyword(s):  
Emotional Intelligence ◽  
Distributive Justice ◽  
Procedural Justice ◽  
Structural Equation ◽  
Quantitative Methods ◽  
Affective Commitment ◽  
Equation Modeling ◽  
Significant Positive Effect ◽  
Managerial Employees ◽  
Positive Effect

This research determines the distributive justice of compensation, procedural justice of compensation and emotional intelligence on affective commitment. The populations of this study are 115 non-managerial employees of three BMT in Yogyakarta. This study uses quantitative methods and SEM (Structural Equation Modeling) is used to analyze the data collection which is operationalized by the AMOS 21 application program. The results of this study indicate that distributive justice and emotional intelligence have a significant positive effect on affective commitment while procedural justice compensation has no effect on affective commitment.

scholarly journals The Influence Of Profitability And Structure Of Ownership On Company Value With Dividend Policy As An Intervening Variable

2020 ◽  
Vol 7 (1) ◽  
pp. 1
Author(s):  
Ulfah Setia Iswara ◽  
Teguh Gunawan Setyabudi
Keyword(s):  
Ownership Structure ◽  
Firm Value ◽  
Stock Price ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Research Data ◽  
Company Value ◽  
Report Data ◽  
A Company ◽  
Positive Effect

The established entity has the aim to increase the value of the company. the company's stock price can be a reference for valuing a company. This study aims to test and prove empirically the effect of profitability and ownership structure on firm value with dividend policy as an intervening variable. The research data is in the form of annual company report data listed on the Indonesia Stock Exchange from 2011 to 2016. Data analysis was performed using path analysis. The results showed that profitability and dividend policy had a significant positive effect on dividend policy, while the ownership structure had no effect on dividend policy. Profitability and dividend policy variables proved to have a significant effect on firm value, while ownership structure did not affect company value.

scholarly journals PERFORMANCE OF EMPLOYEES AND IMPACT ON PROMOTION OF POSITION

2016 ◽  
Vol 4 (1) ◽  
pp. 103
Author(s):  
Sarboini Sarboini
Keyword(s):  
Empirical Study ◽  
Performance Appraisal ◽  
Work Motivation ◽  
Employee Performance ◽  
Primary Data ◽  
Significant Positive Effect ◽  
Spss Software ◽  
A Company ◽  
Positive Effect

Performance appraisal is an activity controlling the management of a company. This study is an empirical study that aims to determine the effect of performance appraisal and promotion of their work motivation and their impact on employee performance at Serambi Mekkah University. The research was conducted at Serambi Mekkah University. The populations in this study were all employees at Serambi Mekkah University which amounts to 105 people. Data was collected by distributing questionnaires. Primary data were analyzed with path analysis with the aid of SPSS software. The results showed that, performance appraisal and significant positive effect on work motivation. Performance appraisal and promotion of positive and significant effect on the performance of employees at Serambi Mekkah University. In addition, work motivation can enhance the role of employees in Serambi Mekkah University.

scholarly journals PENGARUH PROFITABILITAS DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN MANUFAKTUR DENGAN DIVIDEN SEBAGAI MEDIASI

2021 ◽  
Vol 15 (2) ◽  
pp. 85
Author(s):  
Yunita Dete ◽  
Teguh Erawati
Keyword(s):  
Firm Value ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Company Size ◽  
Significant Positive Effect ◽  
Manufacturing Companies ◽  
Purposive Sampling ◽  
Positive Effect

ABSTRAKPenelitian ini bertujuan untuk menguji pengaruh profitabilitas dan ukuran perusahaan terhadap nilai perusahaan dengan kebijakan dividen sebagai variabel mediasi pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI). Data yang digunakan dalam penelitian ini adalah data sekunder. Populasi yang digunakan adalah perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI) periode 2016-2018. Sampel penelitian sebanyak 19 perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI). Teknik pengumpulan data menggunakan metode purposive sampling. Analisis data menggunakan uji asumsi klasik, analisis regresi linier berganda, analisis jalur. Hasil penelitian menunjukkan bahwa profitabilitas berpengaruh positif signifikan terhadap kebijakan dividen. Ukuran perusahaan berpengaruh positif signifikan terhadap kebijakan dividen. Kebijakan dividen berpengaruh positif signifikan terhadap nilai perusahaan. Profitabilitas berpengaruh positif signifikan terhadap nilai perusahaan. Ukuran perusahaan berpengaruh positif signifikan terhadap nilai perusahaan. Kata kunci: profitabilitas, ukuran perusahaan, kebijakan dividen, nilai perusahaan  ABSTRACTThis study aims to examine the effect of profitability and company size on firm value with dividend policy as a mediating variable in manufacturing companies listed on the Indonesia Stock Exchange (BEI). The data used in this research is secondary data. The population used is manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the period of 2016-2018. The research sample of 19 manufacturing companies listed on the Indonesia Stock Exchange (IDX). Data collection techniques using purposive sampling method. Data analysis using the classical assumption test, multiple linear regression analysis, path analysis. The results showed that profitability had a significant positive effect on dividend policy. The size of the company has a significant positive effect on dividend policy. Dividend policy has a significant positive effect on firm value. Profitability has a significant positive effect on firm value. Company size has a significant positive effect on firm value. Keywords: profitability, company size, dividend policy, company value

scholarly journals Assets Growth, Earnings Persistence, Investment Opportunity Setand Earnings Management on Dividend Policy and Firm Value (Study at Bank Companies in Indonesia)

2021 ◽  
Vol 56 (2) ◽  
pp. 220-234
Author(s):  
Indrayati ◽  
Basuki Rachmat ◽  
Slamet
Keyword(s):  
Earnings Management ◽  
Firm Value ◽  
Earning Management ◽  
Significant Positive Effect ◽  
Investment Opportunity ◽  
Insignificant Effect ◽  
Investment Opportunity Set ◽  
Negative Effect ◽  
Asset Growth ◽  
Positive Effect

The purpose of this study was to test the effect empirically the influence of growth and earnings management on dividend payment policies and company value in as many as 40 banking companies listed on the Indonesian stock exchange in 2015-2019. The research method is explanatory research with secondary data, based on documentation data, data processing using the Structural Equation Model test. The results showed that asset growth had a negative and insignificant effect on dividends, persistence had no significant negative effect on dividends, investment opportunity set had a significant positive effect on dividends, earning management had a positive and insignificant effect on dividends, asset growth had no significant negative effect on the value company, dividends had a significant positive effect on firm value. Persistence has no significant positive effect on firm value. Investment opportunity set has a positive and insignificant effect on firm value, and earning management had a significant positive effect on firm value.

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