ANALISIS HUBUNGAN SIMULTAN ANTARA KEBIJAKAN LEVERAGE DAN KEBIJAKAN DIVIDEN

PURNAMASARI, Nadya and MUHARAM, Harjum (2016) ANALISIS HUBUNGAN SIMULTAN ANTARA KEBIJAKAN LEVERAGE DAN KEBIJAKAN DIVIDEN. Undergraduate thesis, Fakultas Ekonomika dan Bisnis.

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Abstract

This study aims to analyze the simultaneous influence between dividend policy and leverage policy along the factors influence them. Dividend policy is measured by dividend payout ratio, while leverage policy is measured by debt ratio. The factors influencing these two policies are profitability, size, asset structure, and growth. This study uses secondary data from Indonesia Stock Exchange (IDX), within companies that always listed on LQ45 Index during 2009 – 2014 are used as sample. Two stage least square (2SLS) is used as regression method. The result shows that both of two policies have simultaneous relation and give positive effect. Profitability gives positive effect, while size gives insignificant effect to dividend policy. Profitability and growth give negative effect, while asset structure gives insignificant effect to leverage policy.

Item Type:Thesis (Undergraduate)
Additional Information:dividend policy, leverage policy, profitability, size, asset structure, growth, 2SLS.
Uncontrolled Keywords:dividend policy, leverage policy, profitability, size, asset structure, growth, 2SLS.
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Faculty of Economics and Business > Department of Management
ID Code:49818
Deposited By:Mr. Perpustakaan Fakultas Ekonomi
Deposited On:18 Aug 2016 14:16
Last Modified:18 Aug 2016 14:16

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