Influence of Debt Policy and Cash Ratio on Dividend Policy on IDX30 Index in Indonesia Stock Exchange

Anshar, Muh. Ashary and Warimin, Ichbal (2020) Influence of Debt Policy and Cash Ratio on Dividend Policy on IDX30 Index in Indonesia Stock Exchange. In: The 2nd International Conference on Business and Banking Innovations (ICOBBI) 2020, 14 - 15 Agustus 2020, STIE Perbanas Surabaya.

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48. Influence of Debt Policy and Cash Ratio on Dividend Policy on IDX30 Index in Indonesia Stock Exchange.pdf

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Abstract

The objective of this study is to examine the effect of debt policy and cash ratio on dividend policy on the IDX30 index listed on the Indonesia Stock Exchange. The analysis method in this study uses multiple regression on SPSS application version 25. The sample used was IDX30 index companies listed on the Indonesia stock exchange on the period 2017-2018. , the empirical results show that debt policy had a negative and significant effect on dividend policy, and cash ratio had a positive and significant effect on dividend policy in IDX30 index in the Indonesia Stock Exchange. Based on the conclusions obtained in this study, the following suggestions are proposed:. The results of this study are expected to provide input for companies listed on the IDX 30 Index in determining the dividends that the company will distribute to shareholders, because shareholders are a source of investment for companies in improving company performance.. In an effort to increase the Dividend Payout Ratio (DPR), companies can increase revenue which will also increase the company's net income. So that the company can fulfill its short-term obligations and the company will use more internal funds than using debt.

Item Type: Conference or Workshop Item (Paper)
Subjects: 300 - SOCIAL SCIENCE > 330 - 339 ECONOMICS > 332 - FINANCIAL ECONOMICS > 332.642 - STOCK EXCHANGES
Divisions: ICOBBI (International Conference of Business and Banking Innovations)
Depositing User: Perpustakaan Universitas Hayam Wuruk Perbanas
Date Deposited: 14 Oct 2020 22:12
Last Modified: 20 Oct 2020 04:41
URI: http://eprints.perbanas.ac.id/id/eprint/6261

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