Manufacturing Company Dividend Policy
Which Financial Performance is the Determinant?
Authors
Hari Sukarno1, Salma Fauziyyah2, *, Khanifatul Khusna3
1Faculty of Economics and Business, Universitas Jember, Jember, Indonesia
2Faculty of Economics and Business, Universitas Jember, Jember, Indonesia
3Faculty of Economics and Business, Universitas Jember, Jember, Indonesia
*Corresponding author. Email: salma.feb@unej.ac.id
Corresponding Author
Salma Fauziyyah
Available Online 30 November 2021.
- DOI
- 10.2991/aebmr.k.211117.021How to use a DOI?
- Keywords
- Dividend policy; dividend payout; simple regression; financial performance; manufacturing company
- Abstract
The purpose of this study is to examine among the financial performance of profitability, liquidity, leverage and managerial ownership portion, which one is representative in determining dividend policy. This research is quantitative research with a hypothesis testing approach. The population and sample studied were manufacturing companies in Indonesia and secondary data were collected from www.idx.co.id for the period 2014-2018. Using simple regression analysis, the dependent and independent variables are dividend policy and financial performance. The results show that the profitability variable is a determinant of the dividend policy of manufacturing companies. ROA ratio is used as a proxy for profitability variables.
- Copyright
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Hari Sukarno AU - Salma Fauziyyah AU - Khanifatul Khusna PY - 2021 DA - 2021/11/30 TI - Manufacturing Company Dividend Policy BT - Proceedings of the International Conference on Management, Business, and Technology (ICOMBEST 2021) PB - Atlantis Press SP - 147 EP - 151 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.211117.021 DO - 10.2991/aebmr.k.211117.021 ID - Sukarno2021 ER -