PENGARUH KINERJA KEUANGAN, ASSET GROWTH DAN FIRM SIZE TERHADAP DIVIDEND PAYOUT RATIO

Abstract

The ability of the company to obtain profit is the main indicator from the primary ability of the company to pay
dividend. Dividend policy is a problem that is commonly encountered by the company. The problem of dividend
policy in each company will be different from one to another, since there is no certain standard in determining
the payment. This research is meant to find out the influence financial performance, AG, and FS to the DPR.
The population is manufacturing companies which are listed in IDX during 2011-2014 periods. The sample
collection technique has been done by using purposive sampling method and the samples are 8 manufacturing
companies which have met the criteria as the research sample, 32 observations data have been obtained. The data
analysis technique has been done by using multiple linear regressions. Based on the result of the research NPM
has significant influence to the DPR of manufacturing companies, DPR has significant influence to the DPR of
manufacturing companies, AG has significant influence to the DPR of manufacturing companies, FS does not
have any significant influence to the DPR of manufacturing companies. DER has dominant influence to the
DPR since its partial determination coefficient value is the highest.

Keywords:Financial Performance , AG, FS, DPR