ANALYSIS OF THE EFFECT OF PROFITABILITY, LIQUIDITY, LEVERAGE AND COMPANY GROWTH AGAINST DIVIDEND POLICY IN LQ-45 COMPANIES PERIOD 2015-2017

Authors

  • Wisnu Adityo Accounting Department, Faculty of Economics and Communication, Universitas Bina Nusantara Jl. K.H. Syahdan No. 9, Kemanggisan, Jakarta, 021 – 534 5830, Indonesia
  • Mohamad Heykal Accounting Department, Faculty of Economics and Communication, Universitas Bina Nusantara Jl. K.H. Syahdan No. 9, Kemanggisan, Jakarta, 021 – 534 5830, Indonesia

Keywords:

profitability, liquidity, leverage, growth, dividend policy

Abstract

This study is conducted to determine the effect of profitability, liquidity, leverage, and the growth of the company on dividend policy in the LQ-45 company listed on the Indonesia Stock Exchange for the period 2015-2017. This type of research is quantitative. Data analyzed is in a total of 81 observations. This study used Eviews version 9 for data analyzing. Results indicate that profitability has a significant negative effect on dividend policy while liquidity, leverage, and growth have no significant effect on dividend policy.

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Published

2020-04-20