The effect of profitability to dividend policy

Ritanti, Henny (2024) The effect of profitability to dividend policy. Bachelor thesis, Universitas Pelita Harapan.

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Abstract

Dengan adanya ketidakkonsistenan tentang pengaruh profitabilitas dengan kebijakan deviden, tujuan penelitian ini untuk menguji dan membuktikan bahwa adanya pengaruh profitabitas terhadap kebijakan deviden. Sampel yang di dapatkan menggunakan data sekunder dari perushaan manufaktur berjumlah 47 perusahaan yang terdaftar di Bursa Efek Indonesia berdasarkan database S&P Capital IQ dengan periode dari 2019 hingga 2023 dengan menggunakan teknik purposive sampling dan berjumlah 235 data sampel. Penelitian ini mengunakan metode analisis regresi berganda dengan menggunakan aplikasi SPSS. Penelitian ini menggunakan analisis statistik deskriptif, Analisa korelasi, uji asumsi klasik, uji spesifikasi model, uji hipotesis. Penelitian ini menggunakan empat variable kontrol berupa likuiditas, leverage, arus kas bebas dan pertumbuhan penjualan. Hasil dari penelitian ini adalah profitabilitas memiliki signifikan positif terhadap kebijakan deviden. Dari hasil penelitian ini, menjawab dari teori keagenan berupa hubungan keagenan bersamaan dengan biaya keagenan para pemegang saham, sehingga pihak manajemen perusahaan dan penanam modal dapat mempertimbangkan profitabilitas sebagai salah satu faktor yang dapat mempengaruhi kebijakan deviden. / With the inconsistency of the influence of profitability with dividend policy, the purpose of this study is to test and prove that there is an influence of profitability on dividend policy. The sample obtained using secondary data from manufacturing companies totaling 47 companies listed on the Indonesia Stock Exchange based on the S&P Capital IQ database with a period from 2019 to 2023 using purposive sampling techniques and totaling 235 sample data. This study uses a multiple regression analysis method using the SPSS application. This study uses descriptive statistical analysis, correlation analysis, classical assumption test, model specification test, hypothesis test. This study uses four variable controls in the form of liquidity, leverage, free cash flow and sales growth. The result of this study is that profitability has a positive significance to the dividend policy. From the results of this study, it answers from the agency theory in the form of agency relationships along with the agency costs of investors, so that the company's management and investors can consider profitability as one of the factors that can affect dividend policy.
Item Type: Thesis (Bachelor)
Creators:
Creators
NIM
Email
ORCID
Ritanti, Henny
NIM03012210050
hennyritanti@gmail.com
UNSPECIFIED
Contributors:
Contribution
Contributors
NIDN/NIDK
Email
Thesis advisor
Meilani, Meilani
NIDN0112028504
meilani.fe@lecturer.uph.edu
Uncontrolled Keywords: Profitabilitas; kebijakan deviden; manufaktur; variabel kontrol
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: University Subject > Current > Faculty/School - UPH Medan > Business School > Accounting
Current > Faculty/School - UPH Medan > Business School > Accounting
Depositing User: Henny ritanti
Date Deposited: 11 Apr 2025 05:42
Last Modified: 11 Apr 2025 05:42
URI: http://repository.uph.edu/id/eprint/68046

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