E-Jurnal Akuntansi Universitas Udayana
Vol 32 No 10 (2022)

Indikator Keuangan dalam Laporan Keuangan dan Kebijakan Dividen

Sukiantono Tang (Fakultas Bisnis dan Manajemen Universitas Internasional Batam, Indonesia)
Elvin Elvin (Fakultas Bisnis dan Manajemen Universitas Internasional Batam, Indonesia)



Article Info

Publish Date
26 Oct 2022

Abstract

This study aims to analyze the relationship between the financial indicators contained in the financial statements and dividend policy. Companies that are listed on the Indonesia Stock Exchange and meet the criteria set out in the study are used as research samples. This study uses 631 observational data from 2017 - 2021 obtained from the company's official website and the Indonesia Stock Exchange. Panel data regression is used to examine the effect of each variable on dividend policy. The best regression model in this study is the Fixed Effect Model. This study shows that free cash flow; firm risk; and return on equity have a significant positive effect on dividend policy. In addition; market to book value ratio and net asset growth have a significant negative effect. Other variables used in this study do not affect dividend policy. Keywords: Dividend Policy; Profitability; Liquidity; Financial Ratios.

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Journal Info

Abbrev

Akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-Jurnal Akuntansi Universitas Udayana adalah jurnal ilmiah elektronik yang diterbitkan secara online setiap sebulan sekali. E-Jurnal ini bertujuan untuk meningkatkan kualitas keilmuan dan menyalurkan minat berbagi serta penyebarluasan pengetahuan bagi para akademisi, mahasiswa, praktisi, dan para ...