scholarly journals Faktor-faktor yang mempengaruhi kebijakan dividen pada perusahaan non keuangan

2018 ◽  
Vol 19 (1) ◽  
pp. 92-102
Author(s):  
NOVIA WIJAYA

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.  

2019 ◽  
Vol 3 (2) ◽  
pp. 297
Author(s):  
Mahmudin Mahmudin ◽  
Elfreda Aplonia Lau ◽  
Beatrix Tandirerung

This research was conducted to know and analysis the effect of Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover (TAT) and Firm Size (FS) on Return on Equity (ROE) in mining companies listed on the Indonesia Stock Exchange in 2013 -2018. The study was conducted using multiple linear regression methods.The results of research say that simultaneously Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover (TAT) and Firm Size (FS) have a significant effect on Return on Equity (ROE. The test results show that Partially Debt to Equity Ratio (DER) and Firm Size (FS) have a positive and significant effect on Return on Equity (ROE). While Total Asset Turnover (TAT) has a positive and significant effect on Return on Equity (ROE). On the other hypothesis testing, Current Ratio (CR) has no significant effect on Return on Equity (ROE).


Author(s):  
P. Sihombing Sihombing ◽  
Fanny Ferdiantoputera Sinaga

This research aims to examine and analyze the effect of current ratio, total asset turnover, debt to equity ratio and return on equity on the value of stock of textile and garment companies in the Indonesia Stock Exchange for the period of 2012 to 2019. This research uses annual data for the observation period from 2012 to 2019. The population is textile and garment companies listed on the Indonesia Stock Exchange in 2012 to 2019 and up to 19 companies. The sampling technique used purposive sampling, found a sample of 7 companies with 8 years observation so that the total observation obtained was 56. The model used is the Common Effect Model. The results of the analysis show that the total asset turnover have a significant negative effect and return on equity have a significant positive effect, while the current ratio and debt to equity ratio have no significant effect on stock returns of textile and garment companies in the Indonesia Stock Exchange for the period of 2012 to 2019.


Tata Kelola ◽  
2020 ◽  
Vol 7 (1) ◽  
pp. 38-46
Author(s):  
Rahmi Nur Islami ◽  
Abdul Rahman Mus ◽  
Nurpadillah Nurpadillah

Penlitian ini dilakukan dengan bertujuan untuk mengetahui dan menganalisis apakah terdapat pengaruh DER terhadap  harga  saham  perusahaan  makanan  dan  minuman  yang terdaftar di Bursa Efek Indonesia,  pengaruh TATO, pengaruh CR dan pengaruh ROE serta pengaruh yang signifikan DER, TATO, CR dan ROE. Penelitian ini menggunakan data sekunder melalui data laporan keuangan perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia sebanyak 15 dari 27 perusahaan dengan 4 tahun yang memenuhi kriteria sebagai sampel , penelitian dilakukan januari sampai maret 2020. Data dianalisis dengan menggunakan program SPSS. Hasil Penelitian ini menunjukkan bahwa : (1) Debt  to  Equity  Ratio  (X1)  berpengaruh negatif tapi tidak signifikan  terhadap  harga  saham  pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (2) Total Asset turnover  (X2)  berpengaruh positif tapi tidak signifikan  terhadap  harga  saham  pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (3) Current Ratio (X3) berpengaruh negatif dan tidak signifkan terhadap harga saham pada perusahaan saham  pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (4) Return   on   Equity   (X4) berpengaruh  positif dan signifikan terhadap   harga   saham   pada perusahaan y perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia (5) Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Current Ratio (CR) dan Return on Equity (ROE) berpengaruh positif dan signifikan secara bersama-sama terhadap harga saham pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia. This research was conducted by researching to analyze and analyze the DER of the company's stock prices and beverages listed on the Indonesia Stock Exchange, using TATO, CR and the influence of ROE and showed a significant DER, TATO, CR and ROE. This study uses secondary data through the data of financial statements of food and beverage companies listed on the Indonesia Stock Exchange as many as 15 out of 27 companies with 4 years that meet the criteria as a sample, the study was conducted January to March 2020. Data were analyzed using the SPSS program. The results of this study indicate that: (1) Debt to Equity Ratio (X1) has a negative but not significant effect on stock prices on food and beverage companies listed on the Indonesia Stock Exchange (2) Total asset turnover (X2) is positive but not significant on prices shares in food and beverage companies listed on the Indonesia Stock Exchange (3) Current Ratio (X3) shows a negative and insignificant price of shares in food and beverage companies listed on the Indonesia Stock Exchange (4) Equity Returns (4) X4) positive and significant impact on the price of shares of companies and food and beverage companies listed on the Indonesia Stock Exchange (5) Debt to Equity Ratio (DER), Total Asset Turnover (TATO), Current Ratio (CR) and Return on Capital (ROE) have a positive effect and significant jointly with respect to share prices in food and beverage companies listed on the Indonesia Stock Exchange


2020 ◽  
Vol 2 (4) ◽  
pp. 855
Author(s):  
Anneke Maria Indriastuti ◽  
Herman Ruslim

This study aims to find out the effect of liquidity ratio, solvency ratio, and activity ratio against the company’s financial performance simultaneously or partially. The independent variable in this study is the Current Ratio, Debt to Equity Ratio, and Total Asset Turnover, while the dependent variable is the Return On Equity. The study is conducted at the companies in Health and Pharmaceutical sectors listed in Indonesia Stock Exchange in the period of 2014-2018. This study adopted the panel data regression method using Eviews 11 as its tool. Result of research indicates that Current Ratio, Debt to Equity Ratio and Total Asset Turnover are influential simultaneously and significantly to Return On Equity. Debt to Equity Ratio is influential partially and significantly to Return On Equity. However, Current Ratio and Total Asset Turnover are not influential significantly to Return On Equity. Tujuan dari penelitian ini adalah untuk mengetahui besarnya pengaruh rasio likuiditas, rasio solvabilitas, dan rasio aktivitas terhadap kinerja keuangan perusahaan baik secara simultan maupun parsial. Variabel bebas dalam penelitian ini adalah Current Ratio (CR), Debt to Equity Ratio (DER), dan Total Asset Turnover (TATO), sedangkan variabel terikatnya adalah Return On Equity (ROE). Penelitian dilakukan pada perusahaan sektor kesehatan dan farmasi yang terdaftar di Bursa Efek Indonesia periode 2014-2018. Penelitian ini menggunakan regresi data panel dengan aplikasi Eviews 11. Hasil penelitian menyimpulkan bahwa terdapat pengaruh secara simultan dari variabel Current Ratio, Debt to Equity Ratio, dan Total Asset Turnover terhadap Return On Equity. Secara parsial hasil menunjukkan bahwa hanya variable Debt to Equity Ratio yang memiliki pengaruh signifikan terhadap Return On Equity, sedangkan Current Ratio dan Total Asset Turnover tidak berpengaruh secara signifikan terhadap Return On Equity


Media Bisnis ◽  
2020 ◽  
Vol 11 (2) ◽  
pp. 155-162
Author(s):  
MATIUS WAHYUDI ◽  
TITA DEITIANA

The purpose of this research is to test and analyze empirically the influence of current ratio, debt to equity ratio, return on equity, total asset turnover, and dividen payout ratio toward stock return. The object of this research is automotive sector companies that listed in Indonesia Stock Exchange period 2009-2015. The purposive sampling is used as sampling technique, where 8 companies met the criteria and were analyzed using Eviews9 panel data regression with fixed effect model to test the hyphotesis. The result of this research shows that current ratio, return on equity, total asset turnover influence stock return, while debt to equity ratio, and dividen payout ratio do not influence stock return.


2019 ◽  
Vol 5 (1) ◽  
pp. 1-17
Author(s):  
Nuri Maulana Ikhsan ◽  
Yohanes Rully Dermawan

This study aims to determine the effect of financial ratios on stock prices. Financial ratios used in this study is the Current Ratio, Debt to Equity Ratio, Return On Equity, Total Asset Turnover, Earning Per Share, and Price to Book Value. The type of research used is quantitative to observe the effect of financial ratios on stock prices. This study used a purposive sampling method with a total sample of 20 companies registered in the LQ45 index for the period 2013-2017 and fulfilling the research criteria. The statistical method used is multiple linear regression analysis The results of this study indicate that partially, the variable debt to equity ratio, return on equity, total asset turnover, earnings per share, and price to book value have a significant partial effect on stock prices, while the current ratio variable does not have a partial significant effect on stock prices. Simultaneously the current ratio variable, debt to equity ratio, return on equity, total asset turnover, earnings per share, and price to book value have a significant simultaneous effect on stock prices. And the most dominant influential variable is earnings per share. Keywords:  Current Ratio, Debt to Equity Ratio, Return On Equity, Total Asset Turnover, Earning Per Share, Price to Book Value, and Stock Price.  


Author(s):  
Bawon Triono ◽  
Dwi Artati

This study aimed to examine and analyze the effect of Total Asset Turn Over (TATO), Current Ratio (CR), Debt to Equity Ratio (DER) and Return On Assets (ROA) on Dividend Policy in companies included in Investor33 index 2015-2017 . The sampling technique used a purposive sampling method, which is a sampling technique based on a certain criterion, so as to get a sample of 19 companies from a total population of 33 companies. The results of this study indicated that the total asset turnover variable has a positive effect on the company's dividend policy, the current ratio variable has a negative effect on the company's dividend policy, the debt to equity ratio variable has a negative effect on the company's dividend policy, the return variable on assets has a positive effect on the company's dividend policy, and the four variables also influence jointly on the company's dividend policy


2019 ◽  
Vol 3 (01) ◽  
Author(s):  
Nor Hanisah ◽  
Kartika Hendra Titisari ◽  
Siti Nurlaela

Penelitian ini bertujuan untuk mengetahui apakah ada pengaruh variabel independen (CR, DER, DAR, NPM, ROE, ROA, TAT) terhadap variabel dependen (pertumbuhan laba). Jenis penelitian ini adalah penelitian kuantitatif. Penelitian dilakukan pada perusahaan property dan real estate yang terdaftar di BEI dengan jumlah sampel 23 perusahaan dan jangka waktu 5 tahun yaitu pada tahun 2012-2016. Metode pengambilan sampel yaitu menggunakan metode purposive sampling. Metode analisis data yang digunakan dalam penelitian yaitu meliputi statistik deskriptif, uji asumsi klasik (uji normalitas, uji autokorelasi, uji multikolinearitas, dan uji heteroskedasitas), uji hipotesis (analisis regresi linier berganda, uji t, dan analisis koefisien determinasi (R2)). Berdasarkan hasil pengujian secara parsial debt to asset ratio (DAR), net profit margin (NPM), return on equity (ROE), dan total asset turnover (TAT) berpengaruh terhadap pertumbuhan laba perusahaan sedangkan current ratio (CR), debt to equity ratio (DER), dan return on asset (ROA) tidak berpengaruh terhadap pertumbuhan laba perusahaan. Kata Kunci : Likuiditas, Leverage, Profitabilitas, Aktivitas, dan Pertumbuhan Laba.


Author(s):  
Talisa Qamara ◽  
Ani Wulandari ◽  
Agus Sukoco ◽  
Joko Suyono

This study aims to analyze whether there are simultaneous effects of Current Ratio, Debt to Equity Ratio, and Total Asset Turnover to Pofitability (Return On Asset) on Transportation Company Listed at Indonesia Stock Exchanged. This research use quantitative method. The population on this research is transportation companies listed at Indonesia Stock Exchange (IDX) and continuously published financial reports in 2014-2018. Based on the purposive sampling method, from 71 transportation companies globally converged into 10 transportation companies, so that the data obtained were 50 observation. The analytical method used is multiple linear regression analysis. The results of the study are Current Ratio and Debt to Equity Ratio does not partially affect ROA, while Total Asset Turnover has a partial effect on ROA. And the three independent variables (CR, DER and TATO) simultaneously influence the dependent variable, namely profitability (ROA)


2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Neneng Khoiriah

ABSTRAK Penelitian ini bertujuan untuk mengetahui pengaruh Current Ratio, Debt to Equity Ratio dan Total Asset Turnover terhadap Retun on Equty implikasinya pada nilai perusahaan (PBV). Hasil penelitian ini menunjukan bahwa Current ratio (X1) tidak berpengaruh signifikan terhadap Return on Equity (Y). Debt to Equity Ratio (X2) berpengaruh positif signifikan terhadap Return on Equity (Y). Total Asset Turnover (X3) berpengaruh positif signifikan terhadap Return on Equity (Y). Current Ratio (X1), Debt to Equty Ratio (X2) dan Total Asset Turnover (X3) secara simultan memiliki pengaruh yang positif dan signifikan terhadap variable Return on Equity (Y). Return on Equty (Y) berpengaruh positif signifikan terhadap Nilai Perusahaan (PBV). Kata Kunci : current ratio (CR), Debt to Equity Ratio (DER), Total Asset Turnover            (TATO), Return on Equty (ROE), dan Price Book Value (PBV)


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