Abstract
Investment is an activity of placing funds in an asset or more to increase current or future income for a certain period. Each investment has different level of risk and return. Dividend policy is a topic that is often discussed in the financial sector. Dividend policy relates to dividend payments by the company, namely in the form of determining the amount of dividends to be distributed in cash and the amount of retained earnings for the benefit of the company's development and operations. The percentage of profit that is distributed as dividends is referred as the Dividend Payout Ratio. So, this research was conducted with the aim of knowing the extent of the influence of certain financial ratios such as Return on Equity (ROE), Debt to Equity Ratio (DER), Current Ratio (CR) on Dividend Policy with Company Size as an Intervening Variable in IDX 30 companies on the Indonesia Stock Exchange 2018-2020. The method of determining the sample is done by purposive sampling method. The data was obtained from the IDX's official website, namely www.idx.co.id and the official website of each company which is secondary data. The results showed that ROE had no effect on company size. DER has an effect on company size. CR has no effect on company size. Company size has no effect on dividend policy. ROE has an effect on dividend policy. DER has no effect on dividend policy. CR has no effect on dividend policy. Company size is not able to be an intervening variable of the relationship between ROE, DER and CR toward dividend policy.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal of Social Science Research and Review
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.