Hanim, Samira (2015) Analisis Fundamental Saham Syariah Dan Saham Kovensional Terhadap Kebijakan Pembayaran Dividen (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Jii Dan Lq45 Periode 2010-2013). Sarjana thesis, Universitas Brawijaya.
Abstract
Analisis fundamental dapat digunakan untuk mengetahui keberhasilan suatu perusahaan dalam menjalankan kegiatan operasionalnya. Salah satu analisis yang menarik bagi para investor dalam menentukan keputusan berinvestasi pada saham yaitu Dividend Payout Ratio (DPR). Penelitian ini bertujuan untuk mengetahui pengaruh secara parsial dan simultan variabel Cash Ratio, Current Ratio (CR), Total Assets Turnover (TATO), Return On Equity (ROE), Earning Per Share (EPS), dan Debt Equity Ratio (DER) terhadap Dividend Payout Ratio (DPR). Jenis penelitian ini adalah penelitian penjelasan (explanatory) dengan pendekatan kuantitatif. Sampel yang digunakan dalam penelitian ini sebanyak 8 perusahaan manufaktur, diantaranya 6 perusahaan yang tergabung dalam JII dan 2 perusahaan yang tergabung dalam LQ45. Analisis data yang digunakan dalam penelitian ini adalah analisis regresi linier berganda. Hasil dari penelitian ini yaitu Cash Ratio, Current Ratio (CR), Total Assets Turnover (TATO), Return On Equity (ROE), Earning Per Share (EPS), dan Debt Equity Ratio (DER) berpengaruh secara simultan terhadap Dividend Payout Ratio (DPR) pada perusahaan manufaktur di JII dan LQ45. Hasil tersebut dibuktikan dengan nilai probabilitas Fhitung 0,000 dan 0,029 (α ≤ 0,05) pada perusahaan yang tergabung dalam JII dan LQ45. Cash Ratio, Current Ratio (CR), Total Assets Turnover (TATO), dan Debt Equity Ratio (DER) berpengaruh secara parsial terhadap Dividend Payout Ratio (DPR) pada perusahaan di JII, sedangkan pada perusahaan di LQ45 yang berpengaruh signifikan secara parsial terhadap Dividend Payout Ratio (DPR) adalah Current Ratio (CR) dan Earning Per Share (EPS). Hasil tersebut dibuktikan dari hasil uji t masing-masing variabel independen terhadap variabel dependen, dan hasil yang diperoleh bahwa variabel yang berpengaruh signifikan secara parsial memiliki nilai Sig. ≤ α (α = 0,05).
English Abstract
Fundamental analysis can be used to determine the success of a company in carrying out its operations. One of the interesting analyses for investors in determining the investment decision on shares is Dividend Payout Ratio (DPR). The aim of this study is to determine the partial and simultaneous effect of Cash Ratio, Current Ratio (CR), Total Assets Turnover (TATO), Return on Equity (ROE), Earning per Share (EPS), and Debt Equity Ratio (DER) to the Dividend Payout Ratio (DPR). This research is an explanatory research with a quantitative approach. The samples used in this study were 8 manufacturing companies, including six companies listed in Jakarta Islamic Index (JII) and two companies listed in LQ45. The data analysis used in this study is a multiple linear regression analysis. The results of this study are Cash Ratio, Current Ratio (CR), Total Assets Turnover (TATO), Return on Equity (ROE), Earning per Share (EPS), and Debt Equity Ratio (DER) simultaneous affecting the Dividend Payout Ratio (DPR) on manufacturing companies listed in JII and LQ45. These results demonstrated by the probability value of F 0,000 and 0,029 (α ≤ 0.05) on companies listed in JII and LQ45. Cash Ratio, Current Ratio (CR), Total Assets Turnover (TATO), and Debt Equity Ratio (DER) are partially affecting the Dividend Payout Ratio (DPR) on the company listed in JII, while Current Ratio (CR) and Earning Per Share (EPS) are partially affecting significant to dividend Payout Ratio (DPR) on the companies listed in LQ45. The obtained results are proved by the results of the t test of each independent variables on the dependent variable and the result of the Sig. ≤ α (α = 0.05) that indicates the variables have significant effect partially.
| Item Type: | Thesis (Sarjana) |
|---|---|
| Identification Number: | SKR/FIA/2015/110/ 0051502582 |
| Subjects: | 600 Technology (Applied sciences) > 658 General management |
| Divisions: | Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga |
| Depositing User: | Kustati |
| Date Deposited: | 02 Apr 2015 15:45 |
| Last Modified: | 02 Apr 2015 15:45 |
| URI: | http://repository.ub.ac.id/id/eprint/117133 |
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