Analisis faktor yang mempengaruhi kebijakan dividen pada sektor consumer and goods

Abstract

The research objective is to determine the effect of profitability, company growth, leverage, earnings, and business risk on dividend policy. Implementation of research in the consumer and goods sector by being listed on the Indonesia Stock Exchange (IDX) in 2016-2020. By applying purposive sampling, the sample obtained is 21 companies. The technique used in analyzing the data is Panel Data Regression Analysis with the help of the Eviews 12 program. The results obtained are Profitability as measured by Return On Equity (ROE) proven to affect Dividend Policy, Company Growth as measured by Growth Assets is proven to affect Dividend Policy, Leverage, as measured using the Debt To Equity Ratio, is proven to affect Dividend Policy, Earning as measured using Earning Per Share (EPS) is proven to not affect Dividend Policy, and Business Risk as measured using Business Risk (BRISK) is proven to not affect Dividend Policy.