Pengaruh Ukuran Perusahaan, Kebijakan Hutang, Profitabilitas, Likuiditas Terhadap Kebijakan  Dividen pada Perusahaan Wholesale/Retail di Bursa Efek Indonesia

Angeline Setiawan; Liyi Sumira Purba; Annisa Nauli Sinaga; Sherly Estenia

doi:10.31539/costing.v4i1.1444

Angeline Setiawan Universitas Prima Indonesia
Liyi Sumira Purba Universitas prima Indonesia
Annisa Nauli Sinaga Universitas Prima Indonesia, Medan
Sherly Estenia Universitas Prima Indonesia

DOI: https://doi.org/10.31539/costing.v4i1.1444

Abstract

The purpose of this study was to examine and analyze how the influence of Company Size, Debt Policy, Profitability, Liquidity Against Dividend Policy in Wholesale / Retail Companies Listed on the Indonesia Stock Exchange Period 2015-2019. The research method uses quantitative and descriptive approaches. The population in this study is the overall number of Wholesale / Retail sector companies listed on the Indonesia Stock Exchange, amounting to 63 companies. The sample of this study were 11 companies with a purposive sampling method. The data analysis technique is multiple linear regression analysis. Partially shows that profitability has a positive and significant effect on dividend policy on Wholesale / Retail companies listed on the Indonesia Stock Exchange in the 2015-2019 period. While Company Size, Debt Policy, Liquidity have no effect and are not significant on dividend policy at Wholesale / Retail companies listed on the Indonesia Stock Exchange for the period of 2015-2019. And simultaneously Company Size, Debt Policy, Profitability, Liquidity have significant and significant effect on dividend policy on Wholesale / Retail companies listed on the Indonesia Stock Exchange for the period of 2015-2019. The magnitude of the coefficient of determination is 29.2% while the remaining 70.8% dividend policy is explained by other variables not examined in this study. The conclusion of this study is that partially only profitability has a positive and significant effect on dividend policy on Wholesale / Retail companies listed on the Indonesia Stock Exchange in the period 2015-2019.

Keywords: Company Size, Debt Policy, Profitability, Liquidity, and Dividend Policy

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