Determinants of Dividend Policy in Jakarta Islamic Index (JII) Companies

DOI

10.2991/aer.k.201221.103How to use a DOI?

Keywords

Company Size, Liquidity, Leverage, Profitability, Dividend Policy

Abstract

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.

Copyright

© 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/).

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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  -