ii ABSTRAK
PENGARUH MANAGERIAL OWNERSHIP , LAVERGAE, RETURN ON INVESTMENT, EARNINGS PER SHARE DAN CURRENT RATIO
TERHADAP DIVIDEN PAYOUT RATIO PADA PERUSAHAAN MANUFAKTUR YANG
TERDAFTAR DI BEI
Penelitian ini bertujuan untuk mengetahui pengaruh Managerial Ownership, Laverage, Return On Investment, Earnings Per Share, dan Current Ratio terhadap Dividen Payout Ratio pada perusahaan manufaktur yang ada di Bursa Efek Indonesia. Beberapa penelitian sebelumnya mengenai Dividen Payout Ratio memperlihatkan hasil yang berbeda - beda. Oleh karena itu, penelitian lain perlu dilakukan untuk menguji ulang teori tentang Dividen Payout Ratio.
Populasi penelitian ini sebanyak 143 perusahaan manufaktur. Metode pengambilan sampel yang digunakan adalah metode purposive sampling, sehingga diperoleh 14 perusahaan sampel untuk 4 tahun pengamatan (2012 - 2015) dengan 56 observasi (pengamatan). Data penelitian diperoleh dari perusahaan sampel yang diunduh dari website Bursa Efek Indonesia. Teknik analisis data yang digunakan adalah analisis statistik deskriptif dan analisis regresi berganda. Proses analisis data yang dilakukan terlebih dahulu adalah statistik deskriptif, uji asumsi klasik, analisis regresi berganda lalu kemudian pengujian hipotesis.
Hasil penelitian ini secara parsial menunjukkan bahwa Laverage, Earnings Per Share, dan Current Ratio berpengaruh secara signifikan terhadap Dividen Payout Ratio. sedangkan Mangaerial Ownership dan Return On Investment tidak berpengaruh terhadap nilai Dividen Payout Ratio. Hasil penelitian ini secara simultan Managerial Ownership, Laverange, Return On Investment, Earning Per Share, dan Current Ratio secara simultan berpengaruh signifikan terhadap Dividen Payout Ratio.
Kata Kunci : Managerial Ownership, Laverage, Return On Investment, Earnings Per Share, Current Ratio, dan Dividen Payout Ratio
iii
ABSTRACT
EFFECT OF MANAGERIAL OWNERSHIP, LAVERGAE, RETURN ON INVESTMENT, EARNINGS PER SHARE AND CURRENT RATIO
OF THE DIVIDEN PAYOUT RATIO OF ITSMANUFACTURING COMPANY IN INDONESIA STOCK EXCHANGE
This study aimed to determine the effect of the Managerial Ownership, Laverage, Return On Investment, Earnings Per Share, and Current Ratio to the Dividen Payout Ratio on manufacturing companies in Indonesia Stock Exchange Period. Some previous studies of the Dividen Payout Ratio showed different results - different. Therefore, other studies need to be done to test the theory of the Dividen Payout Ratio.
The study population of 143 manufacturing companies.The sampling method used is purposive sampling method, in order to obtain a sample of 16 companies for 4 years of observation (2012-2015) with 56 observations (observation). Data were obtained from a sample of companies that are downloaded from the Indonesia Stock Exchange website. The data analysis technique used is descriptive statistical analysis and regression analysis. The process of data analysis done first is descriptive statistics, classical assumption test, multiple regression analysis and then test the hypothesis.
The results of this study indicate that the partial Laverage, Earnings Per Share, and Current Ratio significantly affect the Dividen Payout Ratio. while the Managerial Owneshipand Raturn On Investment no partial effect on Dividen Payout Ratio. The results of this study simultaneously the Managerial Ownership, Laverage, Return On Investment, Earnings Per Share and Current Ratio Significantly affect The Dividen Payout Ratio.
Keywords: Managerial Ownership, Laverage, Return On Investment, Earnings Per Share, Current Ratio, dan Dividen Payout Ratio
