PENGARUH PROFITABILITAS, KEPEMILIKAN MANAJERIAL, LEVERAGE DAN GROWTH TERHADAP KEBIJAKAN DIVIDEN

Abstract

This research analyzes the influence of profitability, managerial ownership, leverage and growth on dividend policy, in companies that go public in Indonesia. The research method that been used is purposive sampling technique at mining company and banking that listed in Indonesia Stock Exchange (IDX) during the 2013 - 2016 period which is consisting of 32 companies, with total sample of 128 observation. The analysis method used in multiple linear regression analysis with using SPSS (Statistical Product and Service Solution) tool. The results stated taht the variables of profitability, managerial ownership, and leverage significantly influence dividend policy. While for variable growth does not influenced the dividend policy. The model in this research has R2 value of 0,194 or 19,40%. This shows that profitability, managerial ownership, leverage and growth variables have influence on dividend policy variable of 19,40%, while the remaining 80,60% is explained by other variables outside the variables analyzed.
Keywords: Profitability, managerial ownership, leverage, growth, dividend policy.