Determinants of Dividend Policy in Jakarta Islamic Index (JII) Companies
- 10.2991/aer.k.201221.103How to use a DOI?
- Company Size, Liquidity, Leverage, Profitability, Dividend Policy
The level of the Dividend Payout Ratio (DPR) can be influenced by several factors that determine dividend policy from 2014 to 2018. The purpose of this study is to examine the factors that can determine dividend policy. The variables tested in this study are company size as proxied by total assets, liquidity as proxied by current ratio, leverage is proxied by Debt to Assets Ratio (DAR), profitability proxied by ROA, and dividend policy proxied by dividend payout ratio. The type of research used is explanatory research. The research sample is Islamic companies listed on the JII index (Jakarta Islamic Index) for the period 2014-2018. The analysis technique used is the Partial Least Square-Structural Equation Model (PLS-SEM) analysis. The results of the data analysis show that leverage affects ROA, current ratio, and leverage, and Return on Assets (ROA) affects DPR.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Sintiya Novita AU - Ruhadi AU - Moch. Edman Syarief PY - 2020 DA - 2020/12/22 TI - Determinants of Dividend Policy in Jakarta Islamic Index (JII) Companies BT - Proceedings of the International Seminar of Science and Applied Technology (ISSAT 2020) PB - Atlantis Press SP - 642 EP - 648 SN - 2352-5401 UR - https://doi.org/10.2991/aer.k.201221.103 DO - 10.2991/aer.k.201221.103 ID - Novita2020 ER -