The Effect of Current Ratio, Debt to Equity Ratio, and Return on Assets on Dividend Policy Industrial Consumption Goods Sector Companies Listed in The Indonesian Stock Exchange Year 2013 – 2016
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Abstract
The aim of this study is to investigate and analyze the influence of Current Ratio (CR), Debt to Equity Ratio (DER), and Return on Assets (ROA) on the Dividend Payout Ratio (DPR) of the consumer goods companies that have been listed in Indonesia Stock Exchange (IDX). The population of this study is thirty companies. Using the purposive sampling method, nineteen consumer goods companies were listed in the Indonesia stock exchange from 2013 to 2016 as the sample. In this study, the method of data analysis is used: descriptive analysis, Multiple Linear Regression Analysis, Test Assumptions Classical, F-test, Coefficient of Determination, and t-test. The result obtained by using regression concluded that CR, DER, and ROA do not influence DPR.
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Bambang. 2010. Dasar - Dasar Pembelajaran Perusahaan. Yogyakarta: Gajah Mada.
Dendawijaya, 2013. Manajemen Perbankan, Edisi kedua. Jakarta: Ghalia Indonesia.
Fadrul, F., Howard, H., Nurazizah, F., Eddy, P., Novitriansyah, B., & Estu, A. Z. (2023). Analysis of Company Size, Inventory Intensity, and Variability of COGS on The Selection of Inventory Valuation Methods in Basic Materials Sector Companies Listed on IDX 2017-2021. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 227–237. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4068
Fahmi, Irham. 2012. Analisis Kinerja Keuangan, Bandung: Alfabeta
Ghozali, Imam. 2011. Aplikasi Analisis Multivariate Dengan Program SPSS. Semarang: Badan Penerbit Universitas Diponegoro.
Gitosudarmo, Indriyo dan Basri. 2008. Manajemen Keuangan. Yogyakarta: BPFE.
Harahap, Sofyan Syafri. 2008. Analisis Kritis Atas Laporan Keuangan. RajaGrafindo Persada, Jakarta.
Handayani BS, Dyah. 2010. Analisis Faktor - Faktor yang Mempengaruhi Dividend Payout Ratio pada Perusahaan Manufaktur di Bursa Efek Indonesia Periode 2005-2007. Skripsi Universitas Diponegoro, Semarang.
Hocky, A., Pasaribu, Y. B., Junita, R., Putra, R., & Syahputra, H. (2023). The Effect of Price Earnings Ratio, Debt to Equity Ratio, Net Profit Margin, and Total Asset Turnover on Stock Returns on The Kompas 100 Index Agus. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 271–281. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4086
Jensen et al., 2012. Stockholder, Manager and Credit Interests: Aplications of Agency Theory, in Altman and Subrahmanyam, eds, Recent Advances in Corporate Finance, Homeword: Richard Irwin.
Jumingan. 2011. Analisis Laporan Keuangan Cetakan Pertama. PT. Bumi Aksara: Jakarta.
Kasmir. 2008. Bank dan Lembaga Keuangan Lainnya. Edisi Revisi 2008. Jakarta: PT. RAJAGRAFINDO PERSADA.
Kasmir. 2011. Pengantar Manajemen Keuangan. Jakarta: Kencana.
Kasmir. 2012. Analisis Laporan Keuangan. Jakarta: PT. Raja Grafindo Persada.
Lisa. 2009. Analisis Pengaruh Cash Position, Debt to Equity Ratio, dan Return on Assets Terhadap Dividend Payout Ratio. Jurnal Manajemen Bisnis, Volume 2, Nomor 1, Januari 2009
Lumbantoruan, M. R., Panjaitan, H. P., & Chandra, T. (2021). The Influence of COVID-19 Events to Vaccination on Abnormal Return and Trading Volume Activity in IDX30 Companies. Journal of Applied Business and Technology, 2(3), 183–193.
Mardiyanto, Handono. 2010. Intisari Manajemen Keuangan, PT Grasindo: Jakarta.
Mukodim, 2013. Faktor-faktor yang Berpengaruh terhadap Kebijakan Dividen pada Perusahaan Industri Barang Konsumsi di Bursa Efek Indonesia. Jurnal Keuangan dan Perbankan Volume. 13 nomor 2.
Riyanto. 2011. Dasar-Dasar Pembelanjaan Perusahaan. Cetakan Ketujuh, Yogyakarta: BPFE
Sari, Chandra, T., & Panjaitan, H. P. (2021). The Effect of Company Size and DER on ROA and Company Value in the Food and Beverage Sub Sector on the Indonesia Stock Exchange (IDX). Journal of Applied Business and Technology, 2(2), 134–141.
Setiowati, Yuni. 2013. Pengaruh Current Ratio (CR), Debt to Equity Ratio (DER), Earning Per Share (EPS) dan Return On Assets (ROA) terhadap Dividend Payout Ratio (DPR) yang Termasuk dalam Daftar Efek Syariah (DES) Periode 2008-2010. Skripsi. Jurusan Manajemen. Fakultas Ekonomi.Universitas Negeri Semarang.
Sumiadji. 2011. Analisis Variabel Keuangan yang mempengaruhi kebijakan Dividen jurnal dinamika akutansi, Vol 3 no. 2 ISSN 2085-4277. Universitas Negeri Malang, Indonesia.
Sugiono, Arif. 2009 Metodologi Penelitian untuk Bisnis, Edisi 4, Jakarta: Salemba Empat
Suharti, S., & Murwaningsari, E. (2024). The Effect of Profit Persistency, Business Risk and Capital Structure on Earnings Return Coefficient with Good Corporate Governance as Moderating Variable. Journal of Applied Business and Technology, 5(1), 1–7. https://doi.org/https://doi.org/10.35145/jabt.v5i1.158
Suyono, Sudarno, Suhardjo, Sari, Y., & Purnama, I. (2020). The influence of price to book value on capital structure and profitability of health and pharmaceutical companies in Indonesia. Journal of Applied Business and Technology, 1(3), 181–187.
Vina, J., Junaedi, A. T., & Panjaitan, H. P. (2021). Determinants of Profitability and Capital Structure in KOMPAS100 Index Companies Year 2016-2020. Journal of Applied Business and Technology, 2(3), 233–242.
Wijaya, E., Ali, Z., Hocky, A., Anton, A., & Oliver, W. (2023). Impact of Company Size, Income on Share, Debt to Equity, Total Assets Revenue and Net Profit on The Kompas 100 Company Value Index. Proceeding of International Conference on Business Management and Accounting (ICOBIMA), 2(1), 218–226. https://doi.org/https://doi.org/10.35145/icobima.v2i1.4066
Published
2024-05-25
How to Cite
INFANTE, Yusnita Octafilia Theresia A Yesu et al.
The Effect of Current Ratio, Debt to Equity Ratio, and Return on Assets on Dividend Policy Industrial Consumption Goods Sector Companies Listed in The Indonesian Stock Exchange Year 2013 – 2016.
International Conference on Business Management and Accounting, [S.l.], v. 2, n. 2, p. 391-401, may 2024.
ISSN 2988-5590.
Available at: <https://ejournal.pelitaindonesia.ac.id/ojs32/index.php/ICOBIMA/article/view/4486>. Date accessed: 05 oct. 2024.
doi: https://doi.org/10.35145/icobima.v2i2.4486.
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Articles
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