Kontigensi: Jurnal Ilmiah Manajemen
Vol 11 No 1 (2023): Kontigensi: Jurnal Ilmiah Manajemen

The Influence of Profitability and Funding Policy on Dividend Policy and Its Impact on Profit Growth

Budi Prijanto (Faculty of Economics, Gunadarma University, Jakarta, Indonesia)
Agustin Rusiana Sari (Faculty of Economics, Gunadarma University, Jakarta, Indonesia)
Fera Riske Anggita (Faculty of Economics, Gunadarma University, Jakarta, Indonesia)
Irwan Moridu (Faculty of Economics and Business, Muhammadiyah Luwuk University, Indonesia)
Suseno Suseno (College of Economics Satria Purwokerto, Indonesia)



Article Info

Publish Date
14 Jun 2023

Abstract

This study aims to examine the effect of profitability and funding policies on dividend policy and their impact on profit growth (study of food and beverage companies listed on the IDX). The population in this study are food and beverage companies listed on the IDX as many as 30 issuers. The sample obtained using purposive sampling with predetermined criteria so that 10 companies can be collected with a total of 50 financial statements. The type of data is secondary data sourced from financial reports and annual reports. The data analysis method used in this study is the classical assumption test, the coefficient of determination test (R2), multiple linear regression tests, and hypothesis testing using multiple linear analysis. The results of the study show that profitability has a significant effect on dividend policy, while funding policy has no significant effect on dividend policy. Significant profit growth mediates the effect of profitability on dividend policy, while not significantly mediates the effect of funding policy on dividend policy.

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Journal Info

Abbrev

JIMK

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Industrial & Manufacturing Engineering Social Sciences

Description

The scope of Kontigensi: Jurnal Ilmiah Manajemen journal covering the field Business and Management. Topic related to these fields can be Business and Management, entrepreneurship, finance, and financial services, human resource management, marketing, industrial relations, insurance, intellectual ...