EFFECT OF PROFITABILITY AND INVESTMENT OPPORTUNITY SET OF CASH DIVIDEND POLICY WITH THE LIQUIDITY AND LEVERAGE (Studies in NonFinancial Companies That Listed on Indonesia Stock Exchange Period 20052009)

Main Authors: Martazela, Ayu , Fenny , Marietza, Pratana , Puspa Midiastuty
Format: Article PeerReviewed Book
Bahasa: eng
Terbitan: Universitas Bengkulu , 2014
Subjects:
Online Access: http://repository.unib.ac.id/6408/1/effect.pdf
http://repository.unib.ac.id/6408/
Daftar Isi:
  • This research aim to examine the effect of profitability and investment opportunities of the cash dividend policy by using the liquidity and leverage as a moderating variable. The sample in this study amounted to 114 companies that are nonfinancial firms that distribute cash dividend period 20052009.The research data was analyzed using linear regression analysis and moderated regression analysis with SPSS version 16.0. The results of this research indicates that profitability variable proxie by ROA has a positive effect on company cash dividend policy. IOS was analyzed by confirmatory factor analysis also has a positive effect on the company's cash dividend policy. For moderating variable is found that liquidity proxie by Current Ratio and leverage proxie by Time Interest Earned Ratio is not a moderating variable.