EFFECT OF PROFITABILITY AND INVESTMENTOP PORTUN ITYSET OF CASH DIVIDEND POLICY WITH THE LIQUI DITY AND LEVER AGE (Studies in Non-Fi nancial Companies That Listed on Indonesia Stock Exchange Period 2005- 2009)
Main Authors: | Martazela , Ayu , Marietza , Fenny , Midiastuty, Pratana Puspa |
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Format: | Proceeding PeerReviewed Book |
Bahasa: | eng |
Terbitan: |
, 2014
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Subjects: | |
Online Access: |
http://repository.unib.ac.id/6994/1/Bu%20Pratana.PDF http://repository.unib.ac.id/6994/ |
Daftar Isi:
- This resea rch aim to exa mine the ef fect of pro fit a bility and inve stm ent opp ortun itie s of the c ash divid end pol icy by usin g t he liqu idity a nd leve rag e as a moder ati ng va riabl e. The samp le i n this stud y am o unted t o 1 14 c ompa nies t hat are no n- fin anc ial f irm s th a t dist ribu te c ash div idend period 200 5- 20 09 . The resear ch dat a w as a nalyz ed usin g line ar r eg ressi on analysis and moder ated re gre ssio n a nalysi s w ith SPS S v ers io n 16 .0. The re sul ts of t his research i ndica tes that p r ofitabili ty v ari able p roxie by ROA ha s a p ositive e ffe ct on compa ny cash divid e nd pol icy. IOS was analy zed by confirm a tor y fac t or analy sis als o has a posi ti ve effect on the comp any 's cash divid end pol icy. F or moder ati ng va ri able is fo und that liqu idity pro xi e by Cu rren t Ratio a nd leverage proxie by T ime I nte res t E a rned R ati o i s n ot a mode rating vari able.