PENGARUH KARAKTERISTIK PERUSAHAAN TERHADAP KEBIJAKAN DIVIDEN PERUSAHAAN

Abstract

This reaserch animed to analyze the effect of firm size, profitability, and leverage on the dividend policy of Food and Baverage companies. The firm size was measure by Ln Total Assets, profitability was measured by Return On Assets (ROA), and leverage was measured by Debt to Equity Ratio (DER). The reaserch wa quantitative. Moreover, the population was Food and Baverage companies listed on the Indonesia Stock Exchange (IDX) during 2019-2021. The data were in the form of the annual report throught the official website of the Indonesia Stock Exchange. Furthermore, the data collection technique used purposive sampling, with 5 criteria given. In line with that, there were 48 companies as the sample. Additionally, the data analysis technique used multiple linier regression with SPSS. The result concluded that firm size did not affect of Food and Baverage companies. Likewise, profitability did not affect dividend policy of Food and Baverage companies. Similarly, leverage did not affect dividend policy of Food and Baverage companies.