Analysis of Financial Performance and Opportunity of Investment on Dividend Policy with Profitability As Moderating Variable in LQ45 Company Listed In Indoenesia Stock Exchange

Suharmanto, Ardelia and Widiyanti, Marlina and Taufik, Taufik (2019) Analysis of Financial Performance and Opportunity of Investment on Dividend Policy with Profitability As Moderating Variable in LQ45 Company Listed In Indoenesia Stock Exchange. International Journal of Scientific Research and Engineering Development, 2 (1). pp. 183-197. ISSN 2581-7175

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Abstract

The research is to analyze the financial performance ie by Debt to Equity Ratio (DER), Total Asset Turn Over (TATO) and Investment Opportunity (IOS) on Dividend Policy moderated by Profitability. The methodology is based on the literature study method and documentation of the LQ45 in Indonesia during the period 2012-2017 that is 17 company with purposive sampling method. This research use Moderated Regression Analysis as a data of method of analysis. The results show that there is a significant positive relationship between TATO and DPR. Meanwhile, DER and IOS have a negative relationship to the DPR. Then, profitability is able to moderate TATO and IOS against Dividend Policy while profitability is not able to moderate the influence of DER on Dividend Policy. The implicit research was increase, the bigger the profit and the higher the dividend that relies on the creditor, so the variable can be the determinant variable for the investor in making the investment decision. For further research, it is suggested to add independent variables, ie, EPS and CR which represent the variable of financial performance.

Item Type: Article
Subjects: #3 Repository of Lecturer Academic Credit Systems (TPAK) > Articles Access for TPAK (Not Open Sources)
Divisions: 01-Faculty of Economics > 61201-Management (S1)
Depositing User: Tn Taufik Taufik
Date Deposited: 11 May 2023 15:37
Last Modified: 11 May 2023 15:37
URI: http://repository.unsri.ac.id/id/eprint/102034

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