Pengaruh资产回报率,资产增长,债务股本比率或股息支付比率

Eka Setiajatnika, Kandis Iriani
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引用次数: 1

摘要

摘要2012-2016年期间,印度尼西亚证券交易所几家制造业公司的股息支付率平均发展情况出现波动。与股息支付政策相关的因素有几个,如利润率、资产扩张率和资金需求。本研究采用了2012-2016年期间在印度尼西亚证券交易所上市的6(6)家制造业公司的财务报告,采用了比较描述性方法和定量方法,并使用了面板数据。研究结果表明,2012-2016年期间,在印度尼西亚证券交易所上市的制造业公司的资产回报率和负债权益比率部分影响股息支付比率,而资产增长率不部分影响股息支出比率。2012-2016年期间,在印度尼西亚证券交易所上市的制造业公司,资产回报率、资产增长率和债务股本比同时影响股息支付率。关键词:股息支付率,资产回报率,资产增长率,负债权益比Abstrak。2012-2016年期间,印度尼西亚财政部的几个部门的平均股息支付率是偶然的。这可能是一些符合公平分配政策的行为,包括实验室、活动场所和企业的需求。该公司在2012-2016年期间使用了印度尼西亚财政部下属的6家制造企业的数据仓库,并使用了与财务报表相关的文件格式和数据面板。这项研究表明,2012-2016年期间,在印度尼西亚财政部成立的制造业企业中,资产回报率和债务权益比率与股息支付比率成正比,而资产增长率与股息支付率成反比。2012-2016年期间,资产回报率、资产增长率和负债权益比率与印度尼西亚财政部成立的制造企业的股息支付比率同时保持不变。Kata Kunci:股息支付率、资产回报率、资产增长率、负债权益比率
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Pengaruh Retun on Asset, Asset Growth, dan Debt to Equity Ratio terhadap Dividend Payout Ratio
Abstract. The average development of Dividend Payout Ratio in several Manufacturing Sector Companies in Indonesia Stock Exchange period 2012-2016 shows fluctuation. There are several factors related to dividend payout policy such as profit rate, asset expansion rate, and funding requirement. This research uses financial report of 6 (six) manufacturing companies listed in Indonesia Stock Exchange in period 2012-2016 by using comparative descriptive method with quantitative approach and using panel data. The results showed that the Return On Asset and Debt to Equity Ratio partially affect the Dividend Payout Ratio while Asset Growth does not partially affect the Dividend Payout Ratio in the manufacturing sector companies listed on the Indonesia Stock Exchange period 2012-2016. And Return On Asset, Asset Growth, and Debt to Equity Ratio effect simultaneously to Dividend Payout Ratio at manufacturing sector companies listed on Indonesia Stock Exchange period 2012-2016. Keywords: Dividend Payout Ratio, Return on Asset, Asset Growth, Debt to Equity Ratio Abstrak. Perkembangan rata-rata Dividend Payout Ratio pada beberapa Perusahaan Sektor Manufaktur di Bursa Efek Indonesia periode 2012-2016 menunjukan flukuatif. Terdapat beberapa faktor yang berkaitan dengan kebijakan pembayaran dividen diantaranya tingkat laba, tingkat ekspansi aktiva, dan kebutuhan dana perusahaan. Penelitian ini menggunakan data laporan keuangan 6 (enam) perusahaan sektor manufaktur yang terdaftar di Bursa Efek Indonesia pada periode 2012-2016 dengan menggunakan metode deskriptif komparatif dengan pendekatan kuantitatif dan menggunakan data panel. Hasil penelitian menunjukkan bahwa Return On Asset dan Debt to Equity Ratio berpengaruh secara parsial terhadap Dividend Payout Ratio sedangkan Asset Growth tidak berpengaruh secara parsial terhadap Dividend Payout Ratio pada perusahaan sektor manufaktur yang terdaftar di Bursa Efek Indonesia periode 2012-2016. Dan Return On Asset, Asset Growth, dan Debt to Equity Ratio berpengaruh secara simultan terhadap Dividend Payout Ratio pada perusahaan sektor manufaktur yang terdaftar di Bursa Efek Indonesia periode 2012-2016. Kata Kunci: Dividend Payout Ratio, Return on Asset, Asset Growth, Debt to Equity Ratio
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