PENGARUH PROFITABLITAS DAN KESEMPATAN INVESTASI TERHADAP KEBIJAKAN DIVIDEN EMITEN (Studi pada Perusahaan yang Terdaftar di Bursa Efek Jakarta Periode 2002-2003)
Authors
Ikmal Syah
Universitas Borobudur
Abstract
This study intends to examine the effect of profitability and investment opportunities against the policy of total cash dividends of public companies in Jakarta With the ever use liquidity as a variable amplifier (moderator variable). Profitability measured by return on investment (ROI), opportunities diproksikam by fixed asset investment, and moderate vaziabel liquditas as proxies by the current ratio on the Jakarta Stock Exchange. The population of this study are all companies in Indonesia stock exchange listing and distribute dividends in 2002-2003. Results research this is the amount of the dividend distribution policy of companies affected by the profitability and strengthened by the company's liquidity.
Keywords: dividends, profitability, return on investment