KEBIJAKAN HUTANG, KEBIJAKAN DIVIDEN, DAN PROFITABILITAS, SERTA DAMPAKNYA TERHADAP INVESTMENT OPPORTUNITY SET (IOS)
ABSTRACT: This research aimed
to analyze the impact of the debt policy, dividend policy, and the
profitability of each proxied by DER, DPR and ROE thru the investment
opportunity set with CAPBVA as the proxy. The population of this research is a
trade service company, services and investments which are listed on the Stock
Exchange. The sampling method used is purposive sampling, 19 companies are
selected as research objects with 76 samples of data involved. Data analysis
technique is used multiple linear regression analysis. The analytical tool used
to process data is E-Views 8.0. The results of this research showed that the
DER and DPR has a significant negative effect on IOS, while ROE has no
significant effect on IOS. The influence proportion of the independent variables
can explain IOS by 16.38 percent, while 83.62 percent is explained by other
variables outside the research model.
Keywords: debt policy,
dividend policy, profitability, investment opportunity set
Penulis: Andita Novianti,
Nicodemus Simu
Kode Jurnal: jpmanajemendd161220
