PENGARUH ROA, LDR DAN CAR TERHADAP KEBIJAKAN DIVIDEN PERUSAHAAN PERBANKAN DI BEI

Abstract

Banking is a financial institution which has an important role in financial system in Indonesian. The
divident policy also impacts the firm value since the good firm value will prosper the share holders.
The investment in a banking company is also one of the important thing for the company to continue
its business prospect. This study aims to find out the impact of the ROA, the LDR and the CAR
toward the divident policy of the banking companies in Indonesia’s Stock Exchange. The type of this
study is quantitative. The technique for collecting the samples is the purposive sampling with the
multiple linear regression as the analysis method. The population of the banking companies in
Indonesia’s Stock Exchange are 43 companies and the study collects 9 companies as the samples. Based
on the result of study, it shows that Return On Assets (ROA) gives positive and significant impact to
the divident policy (DPR), the Loan to Deposit Ratio (LDR) gives negative and significant impact to
the divident policy (DPR), the Capital Adequacy Ratio (CAR) gives negative and significant impact
to the divident policy (DPR), to the banking companies in 2015-2019 period.
Keywords: ROA,CAR,LDR, the divident policy