The Effect of Net Profit Margin, Return on Assets and Current Ratio on Dividend Policy
Pengaruh Net Profit Margin, Return on Assets dan Current Ratio Terhadap Kebijakan Dividen
DOI:
https://doi.org/10.21070/ups.508Keywords:
Net Profit Margin, Return On Assets, Current Ratio, Dividend PolicyAbstract
Strong business competition from high stock trading activities has made consumer goods companies more attractive in Indonesia. Companies should have an effective & efficient business mindset, so that the organization/company can resolve the competition between businesses, and evaluate. The purpose of this study was to determine the effect of the net profit margin, return on assets, and current ratio partially on dividend policy in companies listed on the IDX in the 2017-2020 period. This study uses quantitative data, namely data that is measured based on a numerical scale. This study uses secondary data sources, which contain the company's financial statements obtained from the official website of the Indonesia Stock Exchange. Property companies that meet the qualification criteria regarding net profit margin, return on assets, current ratio, and dividend policy with a 4-year period of annual financial statements, namely 2017-2020, amounted to 16 companies.
Downloads
References
S. Husnan, Manajemen Keuangan: Teori dan Penerapan Buku 1. Edisi 4. Yogyakarta: BPFE, 2008.
L. Marlina and C. Danica, “Analisis Pengaruh Cash Position, Debt to Equity Ratio dan Return On Asset Terhadap Dividend Payout Ratio,” J. Manaj. Bisnis, vol. 2 (1), pp. 1–6, 2009.
Arilaha, “Pengaruh Free Cash Flow, Profitabilitas, Likuiditas, dan Leverage terhadap Kebijakan Dividen,” J. Keuang. dan Perbanka, vol. 13 (1), pp. 78–87, 2009.
T. Rahman, Manajemen Sumber Daya Manusia Perusahaan. Bogor: Ghalia Indonesia, 2016.
L. M. Ulfa and T. Yuniati, “Pengaruh Kinerja Keuangan, Asset Growth dan Firm Size terhadap Dividend Payout Ratio,” J. Ilmu dan Ris. Manaj., vol. Vol. 5 No., 2016.
E. F. Brigham and J. F. Houston, Dasar-dasar Manajemen Keuangan Terjemahan. Edisi 10. Jakarta: Salemba Empat, 2011.
S. S. Harahap, Analisis Kritis Atas Laporan Keuangan, Cetakan ke-7. Jakarta: PT. Raja Grafindo Persada, 2007.
Sugiyono, Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: Alfabeta, 2017.
W. Desmond, Analisis Fundamental Saham. Edisi kedua. Jakarta: Exceed, 2015.
H. Mamduh and A. M. Halim, Analisis Laporan Keuangan Edisi ke-5. Yogyakarta: UPP STIM YKPN, 2016.
I. Sudana, Manajemen Keuangan Perusahaan Teori dan Praktek. Jakarta: Erlangga, 2011.
Sugiyono, Metode Penelitian Kuantitatif Kualitatif dan R&D, 20th ed. Jl.Gegerkalong Hilir No.84 Bandung: Alfabeta,CV, 2014.
S. Yudhanto and S. Aisjah, “Pengaruh Net Profit Margin, Return On Asset, Return On Equity, Earning Per Share Terhadap Kebijakan Dividen (Studi pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia),” J. Ilm. Mhs. Fak. Ekon. dan Bisnis, vol. 1, no. 2, pp. 1–14, 2012.
E. R. T. Fatma, “Pengaruh ROA, ROE, LDR, CAR, dan NPL terhadap Harga Saham (Studi Kasus pada Perusahaan Sektor Perbankan yang Termasuk dalam Indeks LQ45 2015-2019),” J. Mitra Manaj. (JMM Online), vol. Vol. 4, No, 2020.
Pramita and Oetomo, “Pengaruh Cash Ratio dan Growth of Company terhadap Devidend Payout Ratio (DPR),” STESIA Surabaya, 2013.
A. Aisah, “Analisis Pengaruh CR, QR, DER, dan ROE terhadap DPR (Studi Empiris pada Perusahaan Manufaktur di BEI),” J. STIE Indones. Banjarmasin, vol. Vol. 7 No., 2015.
M. Nurhayati, “Profitabilitas, Likuiditas, dan Ukuran Perusahaan Pengaruhnya terhadap Kebijakan Dividen dan Nilai Perusahaan Sektor Jasa,” J. Keuang. dan Bisnis, vol. Vol. 5 No., 2013.
T. Deitiana, “Faktor-Faktor yang Mempengaruhi Kebijakan Pembayaran Dividen Kas,” J. STIE Trisakti, vol. Vol. 11, N, 2009.
A. Sartono, Manajemen Keuangan Teori dan Aplikasi. Edisi 4. Yogyakarta: BPFE, 2012.
Downloads
Additional Files
Posted
License
Copyright (c) 2023 UMSIDA Preprints Server
This work is licensed under a Creative Commons Attribution 4.0 International License.
