Analisis Pengaruh Lagged Dividend, Earnings, Firm Size, Tobin’s Q, Leverage, dan Largest Shareholder Terhadap Dividend Payout Ratio

Horiyanto, Dewi (2011) Analisis Pengaruh Lagged Dividend, Earnings, Firm Size, Tobin’s Q, Leverage, dan Largest Shareholder Terhadap Dividend Payout Ratio. Undergraduate thesis, Universitas Internasional Batam.

Text Dewi Harianto_0741111.pdf - Published Version Restricted to Repository staff only Download (5MB)

Abstract

This study aim on analyzing the effect of lagged dividend, earnings, firm size, tobin’s Q, leverage, and largest shareholder on dividend payout ratio. Dividend policy is measured by dividend per share as dependent variable and other financial factor such as lagged dividend, earnings, firm size, tobin’s Q, leverage, and largest shareholder as variable independent. This study examines the determinants of dividend payout ratio of 290 observation datas or 58 manufacturer and non-manufacturer firms listed in Indonesian Stock Exchange during the period of 2005 to 2009. The data is taken by using purposive sampling method. The data are then analyzed using statistical package for social sciences (SPSS). The finding of the research indicates that lagged dividend, firm size, and leverage have a significant effect on dividend policy. This research also indicates that earnings, tobin’s Q, and largest shareholder has not significant toward dividend payout ratio. Keywords: dividend payout ratio, profitability, firm size, firm ownership, market-to-book value, and leverage.

Actions (login required)

View Item