MENGAPA PERUSAHAAN MEMBAYAR DIVIDEN?
Abstract: Dividend decisions,
as determined by a firm’s dividend policy, are a type of financing decisions
that affects the amount of earnings that a firm distributes to shareholders
versus the amount of retains and reinvests. This paper examine the determinats
of dividend payout of firms listed on Indonesian stock exchanges. Different
variables related to the firms operations; profitability, firm size, leverage
and liquidity was analyzed on the dividend payouts of the firm. Using of 230
sample firms over the period 2010 to 2011, this study try to explore the dividend
policy. Regression logistic binary was applied to analysis the research
questions. Results Show that profitability, and firm size have significant relationship
with the dividend payout of the company, while leverage and liquidity have
insignificant relationship with dividend payout. This indicate that in
Indonesian stock exchange firm pay dividend based on their profit, the larger
the firm the willing the firm to pay dividend.
Penulis: Novi S. Budiarso
Kode Jurnal: jpakuntansidd140997
