The impact of current ratio, debt to equity ratio and net profit margin toward dividend payout ratio in energy sector companies listed on Indonesia Stock Exchange

Yus, Hera (2021) The impact of current ratio, debt to equity ratio and net profit margin toward dividend payout ratio in energy sector companies listed on Indonesia Stock Exchange. Bachelor thesis, Universitas Pelita Harapan.

	Text (Title) Title.pdf Restricted to Repository staff only Available under License Creative Commons Attribution Non-commercial Share Alike. Download (2MB)
Preview	Text (Abstract) Abstract.pdf Available under License Creative Commons Attribution Non-commercial Share Alike. Download (2MB) | Preview
Preview	Text (ToC) ToC.pdf Available under License Creative Commons Attribution Non-commercial Share Alike. Download (2MB) | Preview
Preview	Text (Chapter1) Chapter1.pdf Available under License Creative Commons Attribution Non-commercial Share Alike. Download (3MB) | Preview
	Text (Chapter2) Chapter2.pdf Restricted to Registered users only Available under License Creative Commons Attribution Non-commercial Share Alike. Download (3MB)
	Text (Chapter3) Chapter3.pdf Restricted to Registered users only Available under License Creative Commons Attribution Non-commercial Share Alike. Download (3MB)
	Text (Chapter4) Chapter4.pdf Restricted to Registered users only Available under License Creative Commons Attribution Non-commercial Share Alike. Download (4MB)
	Text (Chapter5) Chapter5.pdf Restricted to Registered users only Available under License Creative Commons Attribution Non-commercial Share Alike. Download (2MB)
Preview	Text (Bibliography) Bibliography.pdf Available under License Creative Commons Attribution Non-commercial Share Alike. Download (3MB) | Preview
	Text (Appendices) Appendices.pdf Restricted to Repository staff only Available under License Creative Commons Attribution Non-commercial Share Alike. Download (9MB)

Abstract

Investing in energy companies in Indonesia is unquestionably appealing, given the enormous economic potential of the sector. Investors often try to generate income in the form of dividends. Although much research has been done on dividend payout ratio, no general conclusions have been reached as to the variables that may influence the company's dividend payout ratio and how these factors interact. The purpose of this research is to determine the impact of current ratio, debt to equity ratio, and net profit margin toward dividend payout ratio in energy sector companies listed on Indonesia Stock Exchange during 2017–2020. The population in this research is 57 companies. The sampling technique used in this research is the purposive sampling method, with a sample of 60 samples consisting of 15 companies. The data analysis technique used is multiple linear regression analysis using IBM SPSS Statistics 28. The results show that current ratio, debt to equity ratio, and net profit margin partially have insignificant impact towards dividend payout ratio in energy sector companies listed on Indonesia Stock Exchange. Meanwhile, current ratio, debt to equity ratio, and net profit margin simultaneously have significant impact toward dividend payout ratio in energy sector companies listed on Indonesia Stock Exchange. In addition, the percentage contribution of the current ratio, debt to equity ratio, and net profit margin to the dividend payout ratio is 8.4%, while the remaining 91.6% is influenced by other variables not included in this model./Berinvestasi di perusahaan energi di Indonesia sangatlah menarik, mengingat potensi ekonomi yang sangat besar dari sektor ini. Investor sering berusaha untuk menghasilkan pendapatan dalam bentuk dividen. Meskipun banyak penelitian tentang rasio pembayaran dividen telah dilakukan, tidak ada kesimpulan umum yang dapat ditarik mengenai variabel-variabel yang dapat mempengaruhi rasio pembayaran dividen perusahaan dan bagaimana faktor-faktor tersebut berinteraksi. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh current ratio, debt to equity ratio, dan net profit margin terhadap dividend payout ratio pada perusahaan sektor energi yang terdaftar di Bursa Efek Indonesia periode 2017–2020. Populasi penelitian ini berjumlah 57 perusahaan. Teknik pengambilan sampel yang digunakan dalam penelitian ini adalah metode purposive sampling dengan jumlah sampel sebanyak 60 sampel dari 15 perusahaan. Teknik analisis data yang digunakan adalah analisis regresi linier berganda dengan bantuan IBM SPSS Statistics 28. Hasil penelitian menunjukkan bahwa current ratio, debt to equity ratio, dan net profit margin secara parsial berpengaruh tidak signifikan terhadap dividend payout ratio pada perusahaan sektor energi yang terdaftar di Bursa Efek Indonesia. Pada saat yang sama, current ratio, debt to equity ratio, dan net profit margin secara simultan berpengaruh signifikan terhadap dividend payout ratio pada perusahaan sektor energi yang terdaftar di Bursa Efek Indonesia. Selain itu, persentase kontribusi current ratio, debt to equity ratio, dan net profit margin terhadap dividend payout ratio sebesar 8,4%, sedangkan sisanya sebesar 91,6% dipengaruhi oleh variabel lain yang tidak dimasukkan dalam model ini.

Actions (login required)

View Item