ANALISIS PENGARUH CURRENT RATIO (CR) , COLLATERALIZABLE ASSETS (COL) , RETURN ON EQUITY (ROE), DAN GROWTH TERHADAP DIVIDEND PAYOUT RATIO (DPR) (Studi Empiris pada Perusahaan Manufaktur yang Terdafta r di BEI Periode 2005 - 2011)
ABSTRACT: Dividend policy is a
policy of the company to be aware and careful consideration. In the dividend policy
determined amount of profit allocation that can be distributed to shareholders
(dividends) and the allocation of retained profits to the company. The greater
the retained earnings, the smaller the dividend to be distributed to the
shareholders. In the allocation of income arises various problems encountered.
Announcement of the distribution of dividends by a company is a signal to
shareholders. This study aims to determine the effect of the Current Ratio (CR),
Collateralizable Asset (COL) Return on Equity (ROE) and the Growth of the
Dividend Payout Ratio (DPR) Studies on the Indonesia Stock Exchange Period
2005-2011.
The population in this study is the Company's Financial Statements listed
on the Stock Exchange the share dividend. The samples are 8 companies during
2005 - 2011. The research instrument used
secondary data and processed using SPSS 20, with the method of analysis
used is multiple linear regression analysis.
Results of statistical research concludes that the Current Ratio,
Collateralizable Assets, Return on Equity, and Growth together no significant
effect on Dividend Payout Ratio on manufacturing companies in Indonesia Stock
Exchange, also partially, Current Ratio, Collateralizable Assets, Return on equity,
and Growth no significant effect on Dividend Payout Ratio on manufacturing
companies in Indonesia Stock Exchange. The suggestion of this study is to
further research, this study only uses the sample derived from a manufacturing
company that can not necessarily be generalized to other industries. This is
due to the limited time of the study. It is recommended in future studies could
be expanded scope of research-type kejenis other industries also added the
study variables such as Debt to Equity Ratio (DER), Return on Equity (ROE), and
the ratio - the ratio of the other. And also expected in future studies to add
a longer time span.
Penulis: Gretty Brigitta Liwe
Kode Jurnal: jpakuntansidd140953
