PENGARUH PROFITABILITAS, FREE CASH FLOW, LIKUIDITAS, DAN INVESTMENT OPPORTUNITY SET TERHADAP KEBIJAKAN DIVIDEN

Authors

  • Erlinda Vira Yunita Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya
  • Anang Subardjo Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya

DOI:

https://doi.org/10.24034/jiaku.v2i1.5809

Keywords:

profitability, free cash flow, liquidity, investment opportunity set, dividend policy

Abstract

This research aimed to examine and analyzed the effect of profitability, free cash flow, liquidity, and investment opportunity set on the dividend policy. Profitability calculated by return on asset, free cash flow was calculated by net value from the fluctuation of cash flow from the activity of comnpany operation was divided by assets total on the same periods. Meanwhile, liquidity was measured by the current ratio, while the set of investment opportunities was calculated by indicator market value Assets to book value Assets.This research was a quantitative approach. The sample of this research used a purposive sampling method, i.e. the sample collection technique with determine criteria. Based on the beverage listed Indonesia Stock Exchange in 2015-2019, therefore it obtained 51 observation data. In addition, the analysis method used multiple linear regressions with the instruments SPSS porgram.The result of the research showed that free cash flow, liquidity, and investment opportunity set did not have any effect on the dividend policy, while profitability had a positive effect on the dividend policy.

Downloads

Published

2023-02-28

How to Cite

Yunita, E. V., & Subardjo, A. (2023). PENGARUH PROFITABILITAS, FREE CASH FLOW, LIKUIDITAS, DAN INVESTMENT OPPORTUNITY SET TERHADAP KEBIJAKAN DIVIDEN. Jurnal Ilmiah Akuntansi Dan Keuangan (JIAKu), 2(1), 80–96. https://doi.org/10.24034/jiaku.v2i1.5809

Issue

Section

Articles