PENGARUH FREE CASH FLOW, PROFITABILITAS, LIKUIDITAS, DAN LEVERAGE TERHADAP KEBIJAKAN DIVIDEN

Muhammad Asril Arilaha

Abstract


The objective of the study was to provide empirical evidence about the effect offree cash flow, profitability, liquidity and leverage toward dividend policy. The population ofthis study was manufacture companies listed in Indonesian Stock Exchange in 2004 2007. Thesampling technique used purposive sampling and the analysis method used was multipleregressions. The result of this study proved that the profitability of a company affected thedividend policy. The bigger company profit was, the bigger dividend share was. A companywhich had profit stability could settle on dividend payment rate certainly and signal the qualityof their profit. While, free cash flow, liquidity and leverage had no effect toward dividend.

Keywords


free cash flow, profitability, liquidity, leverage, dividend policy

Full Text: pdf

Refbacks

  • There are currently no refbacks.





For further information and submission, please visit the conference website:

http://conference.feb.uns.ac.id/

SMARTFAB & SMICBES


Mailing Address:

Journal of Finance and Banking
Department of Banking and Finance
Faculty of Economics and Business University of Merdeka Malang
2nd-floor Banking and  Finance Building, Jl.Terusan Raya Dieng No.57 Malang, 65146, Indonesia
Phone/WhatsApp: +628123321664; Fax. +62 341 580511
E-mail: jkpunmermlg@yahoo.com


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.