PENGARUH KEBIJAKAN PENDANAAN, KEPUTUSAN INVESTASI, DAN KEBIJAKAN DIVIDEN TERHADAP RETURN SAHAM (Studi Empiris pada Perusahaan Manufaktur yang terdaftar di BEI)

Main Author: Nurliani, Julia Eka
Format: Thesis NonPeerReviewed
Terbitan: , 2013
Subjects:
Online Access: http://eprints.umm.ac.id/14800/
Daftar Isi:
  • The research objective was to analyze the effect of funding policy, investment decisions and dividend policy on stock returns. The study consisted of three independent variables and one dependent variable. Independent variables in this study, namely, the funding policy proxied using a debt to equity ratio (DER) and debt to total assets (DTA), investment decisions are measured using the component TAG and MKTBEQ factor derived from factor analysis, dividend policy proxied using dividend payout ratio (DPR). While the dependent variable in this study is that stock returns using the return realization proxied. This research method using the F test consisting of four regression models were tested with the aid of SPSS 17.0. The results of the first regression analysis funding policy has no effect on stock returns, the second regression investment decision does not affect the stock return, the third regression dividend policy has no effect on stock returns, and the fourth regression funding policy, investment decisions and dividend policy at the same time does not affect the return stock. These results are seen from the F count 0.05.