Determinan Kebijakan Dividen Pada Perusahaan SubIndustri Makanan Olahan di Indonesia
DOI:
https://doi.org/10.23969/jrie.v3i2.66Keywords:
Collateralizable Assets, Investment Opportunity Sets, Lagged Dividend, Debt PolicyAbstract
This study aims to analyze the impact of the company’s internal factors on dividend policy in processed food sub-industry companies in Indonesia. The internal factors that determine the dividend policy tested in this research are Collateralizable Assets, Investment Opportunity Sets, Lagged Dividend, and Debt Policy. This research uses a quantitative approach, using secondary data derived from the financial reports of processed food sub-industry companies listed on the IDX for the 2016-2021 periods. Purposive sampling method was used to obtain a sample of 13 companies from a population of 24 companies. The data analysis technique used is panel data regression. The results showed that partially Investment opportunity set, lagged dividend, and debt policy had a positive and significant effect on dividend policy. Meanwhile Collateralizable Assets have no significant effect on dividend policy.
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