Analisis Pengaruh Hasil Deviden, Rasio Pembayaran, Leverage, Pertumbuhan Aset, Volatilitas Laba, dan Ukuran Perusahaan Terhadap Volatilitas Harga Saham Dalam Bursa Efek Indonesia dan Kuala Lumpur Stock Exchange

Rina, Rina (2012) Analisis Pengaruh Hasil Deviden, Rasio Pembayaran, Leverage, Pertumbuhan Aset, Volatilitas Laba, dan Ukuran Perusahaan Terhadap Volatilitas Harga Saham Dalam Bursa Efek Indonesia dan Kuala Lumpur Stock Exchange. Undergraduate thesis, Universitas Internasional Batam.

Text RINA_0842026.pdf - Published Version Restricted to Repository staff only Download (1MB)

Abstract

This study aims to analyze the effect of dividend yield, payout ratio, leverage, asset growth, earnings volatility and size to price volatility for the company listed in Bursa Efek Indonesia (BEI) and listed in Kuala Lumpur Stock Exchange (KLSE) with observation period from 2006 to 2010. The statistical methods that used in this research is regression linear method. Independent variables are dividend yield and payout ratio, control variables are leverage, asset growth, earnings volatility and size, while the dependent variable is price volatility. The data obtained are secondary data that sourced from the annual financial report for the companies in BEI and KLSE. This research used 283 sample of companies listed in BEI and used 630 sample of companies listed in KLSE with purposive sampling. The results indicated that dividend yield, asset growth and earnings volatility for company listed in BEI have a significant positive effect with price volatility. Leverage and size for company listed in BEI have a significant negative effect with price volatility. While payout ratio for company listed in BEI have an insignificant negative effect with price volatility. And the results indicated that payout ratio for company listed in KLSE have a significant negative effect with price volatility. While dividend yield, asset growth and size for company listed in KLSE have an insignificant negative effect with price volatility. Leverage and earnings volatility for company listed in KLSE have an insignificant positive effect with price volatility. The effects of the six independent variables (dividend yield, payout ratio, leverage, asset growth, earnings volatility and size) with the dependent variable (price volatility) in BEI by 11,7% and in KLSE by 6,4%. Keywords: Dividend Yield, Payout Ratio, Leverage, Asset Growth, Earnings Volatility, Size and Price Volatility

Actions (login required)

View Item