Please use this identifier to cite or link to this item: https://repository.unej.ac.id/xmlui/handle/123456789/90833
Title: Assessment of Financial Performance and the Effect on Dividend Policy of the Banking Companies Listed on the Indonesia Stock Exchange
Authors: Puspitaningtyas, Zarah
Keywords: leverage
profitability
profit growth
dividend policy
Issue Date: 9-May-2019
Abstract: This study aims to determine the assessment of financial performance and the effect on dividend policy of banking companies listed on the Indonesia Stock Exchange in the period of 2014–2017. The assessment of the company’s financial performance is important. Results of the assessment will be consideration of financial performance for investors, one of them to predict the dividend policy. The prediction results will influence investors in making investment decisions. This study employs a quantitative approach. The assessment of financial performance is measured using variables of leverage, profitability and profit growth. They were analyzed using the multiple linear regression method. At the 0.05 significance level, the results of this study showed that the leverage has a negative and significant effect on dividend policy. Meanwhile, profitability and profit growth have no effect on dividend policy. In order to explain the influence between variables, the research is based on the theories underlying the dividend policy, namely the theory of residual dividends and smoothing theory. The results of this study support the residual dividend theory, that one of the dividend policies is determined by the company by considering the target capital structure and then distributing dividends with only the remaining profit.
Description: Banks and Bank Systems, Volume 14, Issue 1, 2019
URI: http://repository.unej.ac.id/handle/123456789/90833
ISSN: 1816-7403
Appears in Collections:LSP-Jurnal Ilmiah Dosen

Files in This Item:
File Description SizeFormat 
F. ISIP_Jurnal_Zarah P_Assessment of financial performance.pdf550.29 kBAdobe PDFView/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.