EFEK KATERING DIVIDEN
Abstract: Dividend still
considered as the main factor affecting the stock price in capital market, because
by dividend, the investors will attract for buying or selling their stocks. And
by these behaviors, the stock price will fluctuate in capital market. In the
other side, managers also believe that, the stock price will increase if they
are announcing dividend payment. This phenomenon make the managers tend to
behave paying dividends in terms if their stock price valued higher by
investors in capital market. In other words, the managers will cater the investors,
if in first condition, the investors valuing higher their stock price. This
study is using 103 entities listed in Indonesia Stock Exchange in period of
2009 until 2013, and conducting Analysis of Covariate Model (ANCOVA) for
hypothesis testing. The results of analysis is show that stock price have
significant effect to dividend, while entities with code DP 5 are the most
entities who significant effect to dividend.
Penulis: Winston Pontoh
Kode Jurnal: jpakuntansidd140952
