Jurnal Akuntansi dan Pajak
Vol 17, No 02 (2017): Jurnal Akuntansi dan Pajak, Vol. 17, No. 02, Januari 2017

PENGARUH KEBIJAKAN DIVIDEN DALAM MEMEDIASI RETURN ON ASSET DAN FIRM SIZE TERHADAP RETURN SAHAM (Studi Pada Perusahaan Yang Tergabung Dalam LQ45 di Bursa Efek Indonesia (BEI) Tahun 2011 – 2014)

Riawan Riawan (Universitas Muhammadiyah Pnorogo)



Article Info

Publish Date
10 Feb 2017

Abstract

This study was conducted to examine the influence of fundamental factors of ROA and firm size on dividend policy. And furthermore the influence of profitability, liquidity and dividend policy to return stock in companies incorporated in the LQ45 listed on the Indonesia Stock Exchange for the period 2011-2014. The sampling technique used in this research is purposive sampling with criteria : (1) It is listed in Indonesia Stock Exchange 2011-2014. (2) It is always seem annual financial statements for the period 2011-2014. (3) It is always pay dividends. The data required in this study were drawn from the Indonesian Capital Market Directory (ICMD) from 2011 to 2014 consisting of 16 companies. Multiple regression analysis of the data. Hypothesis test used the t-statistic at the 5% significance level. The results showed ROA, firm size and dividend policy  have a significant effect on stock returns.  These  results  indicate  that  the  performance  of  the  fundamental factors of profitability, firm size and dividend policy on stock returns are used by investors to predict stock returns companies incorporated in the LQ45 listed in Indonesia Stock Exchange in 2011-2014. Key Words: Stock Return, dividend policy, ROA, firm size

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Journal Info

Abbrev

jap

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Akuntansi dan Pajak (JAP) diterbitkan dua kali setahun (Januari dan Juli) oleh Lembaga Penelitian dan Pengabdian Kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi - AAS ...