EFFECT OF PROFITABILITY AND INVESTMENT OPPORTUNITY SET OF CASH DIVIDEND POLICY WITH THE LIQUIDITY AND LEVERAGE
| Main Authors: | Martazela, Ayu , Fenny , Marietza, Pratana , Puspa Midiastuty |
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| Format: | Article PeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
Universitas Bengkulu
, 2014
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| Subjects: | |
| Online Access: |
http://repository.unib.ac.id/6409/1/MICEMA%202013.pdf http://repository.unib.ac.id/6409/ |
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 non-financial firms that distribute cash dividend period 2005-2009.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.