KEBIJAKAN DIVIDEN DAN PEMBELIAN KEMBALI SAHAM : PENGUJIAN LIFE CYCLE THEORY

INDRIYANI, Devi and RATMONO, Dwi (2014) KEBIJAKAN DIVIDEN DAN PEMBELIAN KEMBALI SAHAM : PENGUJIAN LIFE CYCLE THEORY. Undergraduate thesis, Fakultas Ekonomika dan Bisnis.

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Abstract

The purpose of this research is to examine the influence of life cycle theory and leverage on dividen policy and buyback. Life cycle is proxied by RETA (retained earning to total asset). This study purposes hypothesis that RETA have positive influence on dividen policy and buyback whereas leverage have negative influence on dividend policy and buyback. The population of this research is all of listed firms in Indonesia Stock Exchange in year 2009-2012, excluded financial firms. Sampling method used is purposive sampling. Logistic regression used to be analysis technique. The final amounts of sample are 520. Result of this study show that retained earning to total asset have positively significant influenced on probability of dividen distributing. Retained earning to total asset have no significance on probability of buyback action. Leverage have no significance on dividend policy but have negative influence on buyback. The finding of this study supports life cycle theory.

Item Type:Thesis (Undergraduate)
Additional Information:RETA, leverage, dividen, buyback
Uncontrolled Keywords:RETA, leverage, dividen, buyback
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Faculty of Economics and Business > Department of Accounting
ID Code:43028
Deposited By:Mr. Perpustakaan Fakultas Ekonomi
Deposited On:06 May 2014 13:21
Last Modified:06 May 2014 13:21

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