Rustam Effendi
Universitas Tridinanti

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PENGARUH CURRENT RATIO DAN RETURN ON EQUITY RASIO TERHADAP KEBIJAKAN DIVIDEN (STUDI PADA PERUSAHAAN SUB SEKTOR PERKEBUNAN YANG TERDAFTAR DI BEI) Rustam Effendi; Herlan Junaidi
JURNAL KOMPETITIF Vol 11, No 1: Edisi Januari-Juni 2022
Publisher : Fakultas Ekonomi Universitas Tridinanti Palembang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52333/kompetitif.v11i1.902

Abstract

This study aims to determine, analyze and prove the effect of Current Ratio and Return On Equity on Dividend Policy in plantation sub-sector companies listed on the Indonesia Stock Exchange (IDX). The population in this study was 16 plantation sub-sector companies listed on the IDX for the period 2010 - 2019. However, only 3 companies were used as samples using purposive sampling, because they met the criteria: consistently listed on the IDX and distributed dividends to shareholders. from 2010 – 2019. Based on the data that has been processed, a multiple linear regression equation is obtained: = 0.364 + 0.349X1 - 0.184X2 + e, where the constant value of 0.364 states that if there is no influence from Current Ratio and Return On Equity, then Dividend Policy score is 0.364. The regression coefficient of the Current Ratio is positive 0.349, meaning that every 1% increase in the Current Ratio will increase the Dividend Policy by 0.349 or 34.9%. The regression coefficient of Return On Equity -0.184 is negative, meaning that every 1% increase in Return On Equity will cause a decrease in Dividend Policy -0.184 or 18.4%. The value of the coefficient of determination (R2) = 0.345% indicates that the contribution of the influence of Current Ratio and Return On Equity together to Dividend Policy is 0.345 or 34.5%, the remaining 65.5% is influenced by other factors not examined. The results of hypothesis testing prove, Current Ratio and Return On Equity together have a positive and significant influence on Dividend Policy as evidenced by the value of sig F = 0.002 < 0.05. Partially, the effect of Current Ratio on Dividend Policy is significant and has a positive sign on Dividend Policy as evidenced by the value of sig t = 0.031 < 0.05. Likewise, Return on Equity has a significant but negative effect on Dividend Policy which can be proven by the value of sig t 0.002 < 0.05.Keywords: Divided Policy, CurrentRasio and ReturnOn EquityRatio
PENGARUH KINERJA KEUANGAN TERHADAP PERTUMBUHAN LABA PADA PERUSAHAAN SEKTOR PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA rustam effendi; sahila sahila
Jurnal RATRI (Riset Akuntansi Tridinanti) Edisi Vol. 3, No. 1, Juli-Desember 2021
Publisher : Universitas Tridinanti

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (917.475 KB) | DOI: 10.52333/ratri.v3i1.801

Abstract

This study aims to see the Effect of Performance Financial that measured with Ratio Profitability (ROA), Leverage (DAR), and Activities (TATO) both simultaneously and partially on Profit Growth in property and real estate companies sector in 2017-2019. The sampling technique used was purposive sampling. The number of samples is 33 companies from 35 companies. This type of research is quantitative research and the type of data used is secondary data in the form of financial reports obtained through http: //www.idx.co.id. The prerequisite analysis test uses the normality test, multicollinearity test, heteroscedasticity test, and autocorrelation test. The data analysis technique used is multiple linear regression analysis. Based on research that has been tested using SPSS version 17.0, the results show that simultaneously ROA, DAR, and TATO have an effect on profit growth. This is evidenced by the results of the F test where from the ANOVA table that the significant value is 0.00 <0.05. Partially ROA (X1) affects profit growth,  DAR (X2) affects profit growth, and TATO (X3) has no effect on profit growth.