Faktor – Faktor Penentu Kebijakan Pembayaran Dividen Pada Industri Non Keuangan di Indonesia dan Australia

Marry Kristin; Farah Margaretha Leon; Yosephina Endang Purba

doi:10.14710/jbs.30.2.101-114

@article{JBS40472, author = {Marry Kristin and Farah Margaretha Leon and Yosephina Endang Purba}, title = {Faktor – Faktor Penentu Kebijakan Pembayaran Dividen Pada Industri Non Keuangan di Indonesia dan Australia}, journal = {JURNAL BISNIS STRATEGI}, volume = {30}, number = {2}, year = {2021}, keywords = {Arus Kas Bebas; Profitabilitas; Peluang Pertumbuhan; Hutang Keuangan; Likuiditas; Rasio Pembayaran Dividen}, abstract = {Penelitian ini bertujuan untuk menganalisis pengaruh Arus Kas Bebas, Ukuran Perusahaan, Profitabilitas, Peluang Pertumbuhan, Hutang Keuangan, dan Likuiditas terhadap Rasio Pembayaran Dividen. Unit analisis yang diteliti adalah industri non-keuangan di Indonesia dan Australia dengan periode penelitian tahun 2015 - 2018. Sampel terbatas terdiri dari 22 industri di Australia dan 38 industri di Indonesia. Data di olah menggunakan Eviews 9. Hasil pengujian hipotesis menunjukkan: Arus Kas Bebas berpengaruh positif secara signifikan terhadap Rasio Pembayaran Dividen di Indonesia akan tetapi berpengaruh negatif di Australia, Ukuran Perusahaan tidak berpengaruh terhadap Rasio Pembayaran Dividen di Indonesia akan tetapi berpengaruh negatif secara signifikan di Australia, Profitabilitas berpengaruh positif secara signifikan terhadap Rasio Pembayaran Dividen, Peluang Pertumbuhan berpengaruh negatif secara signifikan terhadap Rasio Pembayaran Dividen, Hutang Keuangan berpengaruh negatif secara signifikan terhadap Rasio Pembayaran Dividen, Likuiditas berpengaruh positif secara signifikan terhadap Rasio Pembayaran Dividen. Implikasi dari penelitian ini bagi manajer keuangan dalam menentukan pembayaran dividen dan investor dalam berinvestasi di Indonesia perlu memperhatikan variabel arus kas bebas, profitabilitas, peluang pertumbuhan, hutang keuangan dan likuiditas. Sedangkan bagi manajer keuangan dan investor di Australia perlu memperhatikan variabel arus kas bebas, ukuran perusahaan, profitabilitas, peluang pertumbuhan, hutang keuangan dan likuiditas.}, issn = {2580-1171}, pages = {101--114} doi = {10.14710/jbs.30.2.101-114}, url = {https://ejournal.undip.ac.id/index.php/jbs/article/view/40472} }

To have their manuscript accepted and published by Jurnal Bisnis Strategi, authors must complete the review process. Articles in Jurnal Bisnis Strategi are published under the Creative Commons Attribution-ShareAlike 4.0 International License (CC BY-SA 4.0), allowing readers to view, share, and adapt the material, including for commercial purposes, under the following conditions:

Attribution: Proper credit must be given to the authors, a link to the license must be provided, and any changes made must be indicated. This must be done in a reasonable way, but not in a manner that suggests the original author or licensor endorses your use.
ShareAlike: If you remix, transform, or build upon the work, your contributions must be distributed under the same license as the original.
No Additional Restrictions: You cannot impose legal terms or technological measures that restrict others from using the material as permitted by the license.

The copyright of the articles is assigned to the author(s), and they retain rights to the published work. Both the Editorial Team of Jurnal Bisnis Strategi and the author(s) work together to ensure that no errors, either in data or statements, are present in the published articles. Authors submitting to this journal agree to the following terms:

Authors retain copyright and grant the journal the right of first publication, with the work being licensed under the Creative Commons Attribution-ShareAlike 4.0 International License (CC BY-SA 4.0), which allows others to share the work, provided the authorship and initial publication in the journal are acknowledged.
The journal permits authors to maintain copyright and publishing rights without restrictions.
Authors are free to enter into separate agreements for the non-exclusive distribution of the journal's published version, such as posting it in an institutional repository or publishing it in a book, as long as the initial publication in the journal is acknowledged.
Authors are encouraged to share their work online (e.g., on personal websites or institutional repositories) before and during the submission process, as this can foster academic exchange and increase citation opportunities.