PENGARUH ARUS KAS OPERASI, LABA BERSIH DAN INVESTMENT OPPORTUNITY SET TERHADAP DIVIDEN KAS

Abstract

This research aimed to examine the operation cash, net profit and investment opportunity set on the cash dividend. Furthermore, the population of this research used LQ-45 listed on Indonesia Stock Exchange (IDX) in the 2016-2020 periods. This research used a quantitative approach. Meanwhile, the data collection technique conducted by the data source was secondary data, the data source was taken from Indonesia Stock Exchange (IDX) www.idx.co.id. The sample collection method used the purposive sampling method with determined criteria to provide samples. Therefore, the amount of sample was 90 observations at 18 companies in 5 years. Moreover, the analysis method of this research used the descriptive statistics analysis method, classic assumption test and multiple linear regressions with calculation instrument of SPSS (Statistical Product and Services Solutions) 23.0 version. The research result showed that operating cash flow had a positive effect on the cash dividend, net profit did not affect the cash dividend and investment opportunity set had a positive effect on the cash dividend.
Keywords: operation cash flow, net profit, investment opportunity set, cash dividend