The Influence of Capital Structure and Firm Size on Profitability and Dividend Policy, (An Empirical Study at Property and Real Estate Sector Listed in Indonesia Stock Exchange during the Periods of

Khoiro, Evada El Ummah (2015) The Influence of Capital Structure and Firm Size on Profitability and Dividend Policy, (An Empirical Study at Property and Real Estate Sector Listed in Indonesia Stock Exchange during the Periods of. Magister thesis, Universitas Brawijaya.

Abstract

Studi dilakukan untuk meningkatkan pengetahuan tentang struktur modal, ukuran perusahaan, profitabilitas, dan kebijakan dividen. Studi yang dilakukan di sektor properti dan real estat yang tercantum dalam Bursa Efek Indonesia (BEI) selama periode 2009-2012. Data dikumpulkan dari 36 laporan keuangan tahunan menggunakan purposive sampling. Metode analisis data menggunakan parsial least square (pls) oleh perangkat lunak SmartPls. Hasil penelitian menunjukkan bahwa struktur modal memiliki pengaruh negatif signifikan terhadap profitabilitas dan ukuran perusahaan memiliki pengaruh positif tetapi tidak signifikan terhadap profitabilitas. Selain itu, struktur modal yang lebih tinggi atau lebih rendah tidak berpengaruh terhadap kebijakan dividen. Studi ini juga menunjukkan bahwa ukuran perusahaan signifikan mempengaruhi kebijakan dividen. Terakhir, profitabilitas memiliki hubungan positif dan signifikan dengan kebijakan dividen perusahaan properti dan real estat yang terdaftar di BEI. Studi ini bertujuan untuk memberikan saran yang baik bagi perusahaan manajemen dan investor di Indonesia, bahkan lebih untuk berkontribusi pada pengembangan penelitian keuangan, terutama dalam struktur modal, ukuran perusahaan, profitabilitas, dan kebijakan dividen.

English Abstract

The study conducted to enhance the knowledge about capital structure, firm size, profitability, and dividend policy. The study conducted at property and real estate sector listed in Indonesia Stock Exchange (IDX) during the periods of 2009-2012. Data were collected from 36 annual financial statements using purposive sampling. Data analysis method used Partial Least Square (PLS) by smartPLS software. The result shows that Capital Structure has a negative significant influence on Profitability and Firm Size has positive but not significant influence on Profitability. Besides, higher or lower Capital Structure has no influence on Dividend Policy. The study also shows that Firm Size is significant positively influence Dividend Policy. Lastly, Profitability has a positive and significant relationship to Dividend Policy of property and real estate companies listed on IDX. The study is aim to provide a good suggestion for the management company and investor in Indonesia, even more to contribute to the finance research development, especially in Capital Structure, Firm Size, Profitability, and Dividend Policy.

Item Type:	Thesis (Magister)
Identification Number:	TES/332.041/KHO/t/2015/041501255
Subjects:	300 Social sciences > 332 Financial economics
Divisions:	S2/S3 > Magister Administrasi Bisnis, Fakultas Ilmu Administrasi
Depositing User:	Endang Susworini
Date Deposited:	11 May 2015 13:42
Last Modified:	23 Aug 2022 07:33
URI:	http://repository.ub.ac.id/id/eprint/155671

Text EVADA EL UMMAH KHOIRO.pdf Download (5MB)

Actions (login required)

View Item