PENGARUH KEBIJAKAN DIVIDEN, EARNING VOLATILITY, DAN LEVERAGE TERHADAP VOLATILITAS HARGA SAHAM PADA PERUSAHAAN NON-FINANCING YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2010-2014
Abstract: The research
examines the effect of dividend policy, earnings volatility, and leverage on
share price volatility of non financing companies listed in Indonesia Stock
Exchange in 2010-2014. Dividend policy variabel using dividend payout ratio and
leverage variabel using debt to equity ratio. Secondary data were sourced from
the financial statements, published by the capital market reference center at
the Indonesia Stock Exchange. The research type used in this research is
hypothesis testing, by using simple random sampling method. There are 195
samples of the data that become the object to be researched. This research uses
multiple linear regression analysis to test the hypothesis.
The results of this research show that simultaneous of dividend payout
ratio, earnings volatility, and leverage have effect on share price volatility.
Partially the research shows that (1) dividend payout ratio have negative
effect on share price volatilty, (2) earnings volatility have positive effect
on share price volatility, and (3) leverage have positive effect on share price
volatility.
Penulis: Raudhatul Jannah,
Musfiari Haridhi
Kode Jurnal: jpakuntansidd160665
