PENGARUH PROFITABILITY, ASSET TANGIBILITY, DAN INSTITUTIONAL OWNERSHIP  TERHADAP STRUKTUR MODAL DAN DAMPAKNYA PADA KEBIJAKAN DIVIDEN (Studi pada Industri Manufaktur di Bursa Efek Indonesia  Periode Tahun 2009-2011)

Guruh Hanityo Wardhana

doi:10.14710/jbs.21.1.95-111

DOI: https://doi.org/10.14710/jbs.21.1.95-111

PENGARUH PROFITABILITY, ASSET TANGIBILITY, DAN INSTITUTIONAL OWNERSHIP TERHADAP STRUKTUR MODAL DAN DAMPAKNYA PADA KEBIJAKAN DIVIDEN (Studi pada Industri Manufaktur di Bursa Efek Indonesia Periode Tahun 2009-2011)

*Guruh Hanityo Wardhana - Magister Manajemen Universitas Diponegoro, Indonesia

Citation Format:

Abstract

This research was performed to investigate the influence of profitability, asset tangibility and institutional ownership on capital structure and dividend policy at manufacturing company published financial report during period 2009 - 2011.

The sample of this research was selected based on purposive sampling with the following criteria: (1) manufacturing company published financial report during period

2009 - 2011; and (2) manufacturing company given dividend during period 2009 -

2011. The Data was based on publicity Indonesian Capital Market Directory (ICMD) from

2009 to 2011. Sample was acquired 31 of 159 company. Data was analyzed with multi linier regression of ordinary least square and hypotheses was tested using t-statistic and f-statistic at level of significance 5%.

Empirical evidence showed that profitability and asset tangibility had significant influence on capital structure of manufacturing company listed in IDX over period 2009-2011 at level of significance less than 5%, and capital structure, profitability and asset tangibility had significant influence on dividend policy of manufacturing company listed in IDX over period 2009-2011 at level of significance less than 5%.

Fulltext View|Download

Keywords: profitability, asset tangibility institutional ownership, capital structure and dividend policy

Article Metrics:

Article Info

Section: Articles

Language : ID

In Vol 21, No 1 (2012): Juli

Recent articles

ANALISIS PERSAMAAN SIMULTAN INSIDER OWNERSHIP, KEBIJAKAN HUTANG DAN DIVIDEN DALAM PERILAKU OPORTUNISTIK MANAGERIAL (Studi Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia (BEI) Periode Tahun 2009-2011) ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL (Studi Perbandingan Pada Manufacture Multinational Company dan Manufacture Domestic Corporation di Bursa Efek Indonesia) LEAD-LAG DAN VOLATILITY SPILL OVER ALIRAN INVESTASI ASING PADA PERDAGANGAN SAHAM DI BURSA EFEK INDONESIA TAHUN 2009 – 2012 More recent articles

Most cited articles

THE RELATIONSHIP BETWEEN CORPORATE GOVERNANCE STRUCTURE AND THE LEVEL OF VOLUNTARY DISCLOSURE PENGARUH MOTIVASI KERJA, KOMUNIKASI ANTAR PRIBADI DAN KOMITMEN ORGANISASI TERHADAP KINERJA PEJABAT STRUKTURAL DAN DOSEN TETAP DI BEBERAPA PERGURUAN TINGGI SWASTA DI JAKARTA THE INFLUENCE OF DIVIDEND POLICY, DEBT POLICY, INDEPENDENT COMMISSIONER, AND INSTITUTIONAL OWNERSHIP ON THE FIRM VALUE WITH GROWTH OPPORTUNITIES AS MODERATOR VARIABLES (Study on Non-Financial Companies Listed on IDX in the Period of Years of 2012-2015) STUDI LINTAS BUDAYA KEPEMIMPINAN GAYA KOREA DI INDONESIA (Pada PT. Semarang Garment) Dampak Pelepasan Batas Kepemilikan Asing terhadap Terintegrasinya Bursa Efek Jakarta dengan Bursa Efek Internasional (Studi Literatur) More cited articles

Last update:

No citation recorded.

Last update: 2025-04-24 01:48:28

No citation recorded.

Author(s) Rights

In order for Diponegoro International Journal of Business (DIJB) to publish and disseminate research articles, we need publishing rights (transferred from author(s) to publisher). This is determined by a publishing agreement between the author(s) and DIJB. This agreement deals with the transfer or license of the copyright of publishing to DIJB, while authors still retain significant rights to use and share their own published articles. DIJB supports the need for authors to share, disseminate and maximize the impact of their research and these rights, in any databases.

As an author, you have rights to a large range of uses of your article, including use by your employing institute or company. These Author rights can be exercised without the need to obtain specific permission. Authors publishing in DIJB has wide rights to use their works for teaching and scholarly purposes without needing to seek permission, including:

use for classroom teaching by Author or Author's institution and presentation at a meeting or conference and distributing copies to attendees;
use for internal training by the author's company;
distribution to colleagues for their research use;
use in a subsequent compilation of the author's works;
inclusion in a thesis or dissertation;
reuse of portions or extracts from the article in other works (with full acknowledgement of final article);
preparation of derivative works (other than commercial purposes) (with full acknowledgement of final article);
voluntary posting on open web sites operated by author or author’s institution for scholarly purposes,
(but it should follow the open-access license of Creative Common CC-by-SA License).

Authors/readers/third parties can copy and redistribute the material in any medium or format, as well as remix, transform, and build upon the material for any purpose, even commercially, but they must give appropriate credit (the name of the creator and attribution parties (authors detail information), a copyright notice, an open-access license notice, a disclaimer notice, and a link to the material) and provide a link to the license.

Authors/readers/third parties can read, print and download, redistribute or republish the article (e.g. display in a repository), translate the article, download for text and data mining purposes, re-use portions or extracts from the article in other works, sell or re-use for commercial purposes, remix, transform, or build upon the material, they must distribute their contributions under the same license as the original Creative Commons Attribution-ShareAlike (CC BY-SA).

The authors submitting a manuscript do so on the understanding that if accepted for publication, the copyright for publishing (publishing right) of the article shall be assigned/transferred to the Department of Management, Faculty of Economics and Business, Universitas Diponegoro as the publisher of DIJB.

Upon acceptance of an article, authors will be asked to complete a 'Copyright Transfer Agreement for Publishing (CTAP)'. An e-mail will be sent to the Corresponding Author confirming receipt of the manuscript together with a CTAP form by the online version of this agreement.

DIJB, the publisher, and the editorial board make every effort to ensure that no wrong or misleading data, opinions or statements be published in the journal. In any way, the contents of the articles and advertisements published in DIJB are sole and exclusive responsibility of their respective authors and advertisers.

Remember, even though we ask for a transfer of copyright for publishing (CTAP), our journal Author(s) retain (or are granted back) significant scholarly rights as mentioned before.

The Copyright Transfer Agreement for Publishing (CTAP) Form can be downloaded here