Pengaruh Profitabilitas dan Kesempatan Investasi terhadap Kebijakan Dividen: Studi Empirik pada Emiten Pembentuk Indeks LQ45 di Bursa Efek Indonesia
Abstract: The purpose of this
research is to find the impact of profitability and investment opportunity on
dividend policy. In this research, Sales Growth (SG) and Market To Book Value
Ratio (MTBV) are proxies of the investment opportunity. Purposive sampling is
used as sampling technique. The sample is taken from LQ45 index constituent
company for year of 2004 until 2006. In this period, every company must pay
dividend consistently. The polled data regression model is conducted as method
of analysis. The results state that profitability and market to book ratio have
positive impact on dividend policy. Sales growth has no impact on dividend
policy.
Keywords: profitability,
market to book value ratio, dividend policy
Penulis: Elyzabet Indrawati
Marpaung, Bram Hadianto
Kode Jurnal: jpakuntansidd090059
