THE EFFECT OF ACCOUNTING PROFIT AND CASH PROFIT ON CASH DIVIDENDS IN FOOD AND BEVERAGE COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE
DOI:
https://doi.org/10.31539/costing.v7i5.12480Keywords:
Accounting Profit, Cash Profit, and Cash Dividends.Abstract
In determining the policy regarding dividend distribution, the factor that is of concern to management is the amount of profit generated by the company will determine the amount of dividend distribution. This study aims to determine the effect of accounting profit and cash profit on cash dividends in manufacturing companies in the food and beverage sector listed on the Indonesia Stock Exchange during the period of 2019 to 2022. This research is a quantitative research that uses secondary data, namely financial report data from manufacturing companies in the food and beverage sector. The number of population in this study is 16 companies, but the research was carried out using a purposive sampling method based on certain criteria and data processing using SPSS software. The data analysis techniques used are multiple regression analysis models, classical assumption tests, and hypothesis tests. The results of this study show that partially for each independent variable, namely accounting profit, partially has a positive and significant effect on cash dividends and for cash profit, it partially has a positive and significant effect on cash dividends.
References
Arikunto, Suharsini. 2016. Research Procedure A Practical Approach. Jakarta: Rineka Cipta
Astuty, N. M. R. K., and S. V. Siregar. 2008. "The Relationship Between Cash Dividend Signals and Operational Performance and Market Performance". Indonesia Journal of Accounting and Finance. Vol. 5, No. 1. Thing. 77-101.
Astuti, Wati Aris and Maelona, Rosa. 2013. "The Effect of Working Capital and Receivables Turnover on Liquidity (Case Study on PT Mayora Indah Tbk Listed on the Indonesia Stock Exchange for the period 2001-2012)". Journal of the Computer University of Indonesia
Belkoui, Ahmed Riahi, 2010. Accounting Theory, Fourth edition, translation, Jakarta: Salemba Empat.
Brigham, E.F. and Houston, J.F. 2010. Fundamentals of Financial Management. Tenth Edition. Jakarta: Salemba Empat
Febriadi, D., H. A. Nasir, and Y. M. Basri. 2011. "Analysis of the Relationship Between Accounting Profit, Cash Profit and Cash Flow of Funding with Cash Dividends in Manufacturing Companies Listed on the Indonesia Stock Exchange in 2008-2010". Unri Journal. Vol. 1, No. 1. Thing. 1-10
Ghozali, Imam. 2013. Application of Multivariate Analysis with SPSS Program. Seventh Edition. Semarang: Diponegoro University Publishing Board
Jannah, W.Q and Agustin, S. 2014. Factors that affect the Dividend Payout Ratio in Consumer Goods Industry Companies. Journal of Management Science & Research. Vol.3. (No.4).
Lainy, Mumaiza. 2008. Analysis of the Relationship Between Accounting Profit and Cash Profit with Cash Dividends in Manufacturing Companies Listed on IDX. Journal of Accounting 24. Faculty of Economics, University of North Sumatra
Mardiani, Rika. 2014. The Effect of Accounting Profit on Cash Dividends in Textile and Garment Companies on the Stock Exchange in 2012
Mulyani, Hani Sri. 2015. The Effect of Cash Profit and Accounting Profit on Cash Dividends (Empirical Study on Manufacturing Companies Listed on the Indonesia Stock Exchange for the Period 2009-2011)
Putro, Kukuh Suwandi. 2012. Analysis of the Relationship between Accounting Profit and Cash Profit with Cash Dividends in Banking Companies Listed on the IDX
Rahayu, Nuraini Sri. 2016. Analysis of the relationship between accounting profit and cash profit with cash dividends (case study on consumer sector companies listed on the Indonesia Stock Exchange in 2007-2012
Rhamedia, Hartika. 2015. The Effect of Cash Flow Information, Accounting Profit and Company Size on Stock Price in LQ 45 Companies Listed on the Indonesia Stock Exchange. Padang State University
Riduwan. 2008. Easy Learning Research. Bandung: CV Publisher. Alfabeta
Riyanto, Bambang, 2011. Corporate Spending Basics, Edition
Sofyan, Syafri Harahap,. 2008. Critical Analysis of Financial Statements. Jakarta: Raja. Grafindo Persada
Sugiyono. 2012. Quantitative, Qualitative and R&D Research Methods Bandung: Alfabeta
Soemarso. 2008. Accounting An Introduction. Fourth Edition, Jakarta: PT Rineka. Copyright
Umar, Husein. 2008. Marketing & Consumer Behavior Research. Jakarta: gramedia Pustaka Utama
Wahyuni, D., Lusiana, and D. Haryani. 2012. "The Effect Between Accounting Profit and Cash Profit on Cash Dividends in Manufacturing Companies Going Public Listed on the Indonesia Stock Exchange for the Period 2007-2011". UPI Journal. Vol. 3, No. 1. Thing. 1-10.
