Search for collections on EPrints Repository UNTIRTA

PENGARUH RETURN ON ASSET, DEBT TO EQUITY RATIO DAN FREE CASH FLOW TERHADAP DIVIDEN PAYOUT RATIO (Studi Pada Perusahaan Manufaktur Yang Terdaftar di BEI Periode 2009-2013)

RACHMAWATI, SITI (2015) PENGARUH RETURN ON ASSET, DEBT TO EQUITY RATIO DAN FREE CASH FLOW TERHADAP DIVIDEN PAYOUT RATIO (Studi Pada Perusahaan Manufaktur Yang Terdaftar di BEI Periode 2009-2013). S1 thesis, UNIVERSITAS SULTAN AGENG TIRTAYASA.

[img] Text
PENGARUH RETURN ON ASSET, DEBT TO EQUITY RATIO DAN FREE CASH FLOW TERHADAP DIVIDEN PAYOUT RATIO.pdf - Published Version
Restricted to Registered users only

Download (6MB)

Abstract

This study aimed to determine the effect of Return On Asset, Debt To Equity Ratio and the Free Cash Flow against the dividend Payout Ratio. The research method used was a descriptive study causal. Type of data used is quantitative and qualitative data. The population used in this study were 131 companies manufacturing and as many as 15 companies in the sample using purposive sampling method and time series. This study uses multiple regression analysis. Research hypothesis testing using the T test (for partial testing ) and F test (for simultaneous testing). Regression analysis equation is Y = 7,573 + 0,963X1 – 14,580X2 + 0,016X3, States that the increase in return on assets of as much as 1% the dividend payout ratio will increase of 0,963%, increase debt to equity ratio of 1% the dividend payout ratio will lose by 14,580% and increase free cash flow amounting to 1% then the dividend payout ratio will increase 0,016%. Results of research partially (t-test) explains that the return on assets has positive influence significantly to dividend payout ratio with a significant level of 0.000 < 0.05, that debt to equity ratio has a negative influence significantly to dividend payout ratio with significant levels of 0,000 < 0.05 and free cash flow does not have any positive influence significantly to dividend payout ratio to the level of significant 0,205 > 0.05. F test shows that the variables jointly Return On Asset, Debt To Equity Ratio and Free Cash Flow does have effect significant the Dividen Payout Ratio with a significant level of 0,000<0,05 and Kd of 0,431 or of 43,1%.

Item Type: Thesis (S1)
Contributors:
ContributionContributorsNIP/NIM
Thesis advisorSANUSI, FAUJI196008262003121001
Thesis advisorKHAERUNNISA, ENIS198102152007012001
Additional Information: Penelitian ini bertujuan untuk mengetahui pengaruh Return On Asset, Debt To Equity Ratio dan Free Cash Flow terhadap Dividen Payout Ratio. Metode penelitian yang digunakan adalah penelitian deskriptif kausal. Jenis data yang digunakan adalah data kuantitatif dan kualitatif. Populasi yang digunakan dalam penelitian ini sebanyak 131 perusahaan sektor Manufaktur dan sebanyak 15 perusahaan sebagai sampel dengan menggunakan metode purposive sampling dan time series. Penelitian ini menggunakan analisis regresi sederhana dan berganda. Pengujian hipotesis penelitian menggunakan uji T (untuk pengujian parsial) dan uji F (untuk pengujian simultan). Persamaan analisis berganda adalah Y = 7,573 + 0,963X1 – 14,580X2 + 0,016X3, menyatakan bahwa kenaikan return on asset sebanyak 1 % maka dividen payout ratio akan mengalami kenaikan sebesar 0,963%, kenaikan debt to equity ratio sebesar 1 % maka dividen payout ratio akan turun sebesar 14,580 % dan kenaikan free cash flow sebesar 1 % maka dividen payout ratio akan mengalami kenaikan sebesar 0,016%. Hasil penelitian secara parsial (uji t) menjelaskan bahwa return on asset memiliki pengaruh positif secara signifikan terhadap dividen payout ratio dengan tingkat signifikan 0,000 < 0,05, bahwa debt to equity ratio memiliki pengaruh negatif secara signifikan terhadap dividen payout ratio dengan tingkat signifikan 0,000 < 0,05 dan variabel free cash flow tidak memiliki pengaruh positif signifikan terhadap dividen payout ratio dengan tingkat signifikan 0,205 > 0,05. Uji F menunjukkan bahwa secara bersama-sama variabel Return On Asset, Debt To Equity Ratio dan Free Cash Flow berpengaruh signifikan terhadap Dividen Payout Ratio dengan tingkat signifikan 0,000<0,05 dan Kd sebesar 0,431 atau sebesar 43,1%.
Uncontrolled Keywords: Influence, Return On Asset, Debt To Equity Ratio, free cash flow and dividend payout ratio. Pengaruh, Return On Asset, Debt To Equity Ratio, free cash flow dan dividen payout ratio.
Subjects: H Social Sciences > HB Economic Theory
Divisions: 05-Fakultas Ekonomi dan Bisnis
05-Fakultas Ekonomi dan Bisnis > 61201-Program Sarjana Manajemen
Depositing User: Perpustakaan Pusat
Date Deposited: 14 Apr 2022 09:51
Last Modified: 14 Apr 2022 09:51
URI: http://eprints.untirta.ac.id/id/eprint/12685

Actions (login required)

View Item View Item