ANALISIS PENGARUH CASH RATIO, RETURN ON ASSETS, GROWTH, DAN DEBT TO EQUITY RATIO TERHADAP DIVIDEND PAYOUT RATIO (Studi Empiris Pada Perusahaan BUMN Yang Terdaftar Di Bursa Efek Indonesia Tahun 2010-2014)

Authors

  • Galih Nurcahyo Prodi Akuntansi Fakultas EKonomi dan Bisnis Universitas PGRI Madiun

DOI:

https://doi.org/10.25273/inventory.v1i1.4714

Abstract

The purposive of this study was to determine whether effect of Cash ratio (CR), Return on Asset (ROA,) Growth, and Debt To Equity Ratio toward Dividend Payout Ratio in BUMN company period 2010-2014.The sampling method was done by using purposive sampling of 10 companies from population is 20 companies BUMN. The researched data was obtained from ICMD, and Financial Statements in 2010-2014. The data analysis technique is asumsi klasik testing, multiple linear regression, and Hypothesis testing. This research results that Return On Assets gives significantly positive on dividend payout ratio. While it indicates that Cash Ratio variable, and Debt to Equity Ratio partially positive and not significant toward Dividend Payout Ratio. Growth variable partially negatife and not significant toward Dividend Payout Ratio. Simultan test stated that all variables in this research has positive influence and significant to the Dividend Payout Ratio (DPR). Key words: Cash Ratio, Debt to Equity Ratio, Dividend Payout Ratio, Growth, Return on Assets

Downloads

Download data is not yet available.

References

Abimanyu, Anggito. 2011. Kinerja BUMN Bergantung Konsisten Kebijakan. http://www.bumn.go.id/pelindo1/berita/1153/Kinerja.BUMN.Bergantung.konsisten.Kebijakan

Basuki, Arief. 2012. Analisis Pengaruh Cash Ratio, Debt to Total Assets Ratio, Debt to Equity Ratio, Return On Assets, dan Net Profit Margin Terhadap Devidend Payout Ratio Pada Perusahaan yang Listing di Bursa Efek Indonesia Periode 2007-2011.Jurnal. Semarang. Universitas Diponegoro.

Bagus, Laksono.2006. Anlisis Pengaruh Return On Asset, Sales Growth, Asset Growth, Cash Flow dan Likuiditas terhadap Dividend Payout Ratio (perbandingan pada perusahaan Multi National Company dan Domestic Corporation yang listed di bursa Efek Jakrta Peride 2002-2004). Tesis. Universitas Diponegoro.

Charlina et al. 2014.“Analisis Variabel-Variabel yang Mempengaruhi Kebijakan Dividen â€.Jurnal Administrasi Bisnis (JAB) Vol 15 No.1.

Chasanah, Amalia N. 2008. Faktor-Faktor Yang Mempengaruhi Dividend Payout Ratio (DPR) Pada Perusahaan Yang Listed Di Bursa Efek Indonesia. Universitas Diponegoro Semarang. Tesis.

Diana, Hani.2011. “Analisis Faktor-Faktor yang Mempengaruhi Kebijakan Dividen (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Periode 2005-2009)â€. Skripsi.Semarang: Fakutas Ekonomi UNDIP.

Difah, Siti Syamsiroh. 2011. “Analisis Faktor-Faktor yang mempengaruhi Divident Payout Ratio Pada Perusahaan BUMN DI BEI†Universitas Diponogoro. Semarang.

Elinda, Febru. 2015. “Pengaruh Cash Ratio, Return On Assets, Debt To Equity Ratio, Assets Growth dan Firm Size terhadap Kebijakan Dividen (Studi empirispada Perusahaan pembentuk Indeks LQ45 Tahun 2011-2013)â€. Skripsi. Jurusan Akuntansi. Fakultas Ekonomi. Universitas Negeri Semarang

Firmansyah, Tri Yoga.Analisis pengaruh Cash Position, Return On Assets, Debt To Equity Ratio terhadap Dividend PayoutRatio pada perusahaan manufaktur yang listed di BEI periode 2008-2010. Skripsi. Universitas Dian Nuswantoro. Semarang.

Hani Diana, 2011. “Pengaruh Current Ratio, Debt to Equity Ratio (DER), Growth, Collateralizable Asset, dan Return on Equity (ROE) terhadap Dividend Payout Ratio pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesiaâ€, Skripsi, Universitas Diponegoro, Semarang.

Hendri, Yancik, Kardinal. Analisis Pengaruh Cash Position, Debt to Equity Ratio, Dan Return On Assets Terhadap Dividend Payout Ratio. STIE MDP Semarang

Marlina, Lisa. dan Danica, Clara. 2009. “Analisis Pengaruh Cash Position, Debt to Equity Ratio, dan Return on Assets Terhadap Dividend Payout Ratioâ€.Jurnal Manajemen Bisnis, Volume 2, Nomor 1, Hal. 1-6.

Nadjibah, 2008. Analisis Pengaruh Asset Growth, Size, Cash Ratio dan Return On Asset Terhadap Dividen Payout Ratio.Universitas Diponegoro, Semarang

Purwanti, Dwi. 2011. Dampak Rasio Keuangan Terhadap Kebijakan Deviden pada Perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. Jurnal Manajemen

Priyo, Estika Maulida. 2013.Analisis Pengaruh Return On Assets , Debt to Equity Ratio, Firm Size, Growth dan Free Cash Flow Terhadap Devidend Payout Ratio. Universitas Diponegoro

Rodoni, Ahmad, dan Herni Ali, 2014. Manajemen Keuangan Modern, Mitra Wacana Media, Jakarta

Septiana, Miladia. 2015. “Pengaruh Cash Ratio, Debt to Equity Ratio, Return on Asset, Firm Size, dan Growth Opportunity terhadap Dividend Payout Ratio : Studi yang dilakukan pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2009 – 2013)â€. Universitas Diponegoro, Semarang

Sujarweni, V. Wiratna. 2015. Metodologi Penelitian bisnis dan ekonomi. Yogyakarta: Pustakabarupress.

Sunarsip, 2012. Kebijakan Dividen yang Pro APBN dan BUMN.

Sunarto, Andi Kartika.2003. Analisis Faktor-faktor yang Mempengaruhi Deviden Kas DiBursa Efek Indonesia. Jurnal Bisnis dan ekonomi.No 3 vol.5 hal 198-224.

UU No. 40 Tahun 2007 tentang Perseroan Terbatas

Downloads

Published

2019-07-17

Issue

Vol. 1 No. 1 (2017)

Section

Articles

License

Authors who publish in this journal agree to the following terms:

 

  1. The copyright of any article is held by its author.
  2. The author grants the journal, first publication rights with the work licensed concurrently under a Creative Commons Attribution License which allows others to share the work with an acknowledgment of authorship and the work's initial publication in this journal.
  3. Authors may make additional separate contractual arrangements for the non-exclusive distribution of the published journal version of the work (for example, posting it to an institutional repository or publishing it in a book), with acknowledgment of its initial publication in this journal.
  4. Authors are permitted and encouraged to post their work online (for example, in institutional repositories or on their websites) before and during the submission process, as doing so can lead to a productive exchange, as well as earlier and larger citation of the published work.
  5. Published articles and related materials are distributed under a Creative Commons Attribution-ShareAlike 4.0 International License