Machfiro, Sonia (2016) The Reciprocal Effect Of Leverage, Dividend Policy, And Financial Performance (Study On Comparison Between Mining And Trade, Services, Investment Companies Listed On Indonesia Stock Exchange Period O. Magister thesis, Universitas Brawijaya.
Abstract
This research is empirically examined the effect of leverage, dividend policy, and financial performance reciprocally and to know the difference application on the companies that have high and low liabilities level in Indonesia. The object of this research is using publicly traded companies listed in Indonesia Stock Exchange (IDX) in period of 2010 – 2014 of Mining Companies which has the highest average corporate liabilities of all sectors and Trade, Service, and Investment Companies which has the lowest average corporate liabilities. The population of this research are all public Mining and Trade, Service, and Investment Companies listed in Indonesia Stock Exchange (IDX) in period of 2010-2014 with sample 6 Mining Companies, and 6 Trade, Service, and Investment Companies. The research analysis using GSCA (Generalized Structured Component Analysis). The research results show that leverage has insignificant effect on dividend policy reciprocally both on Mining and Trade, Service, and Investment Companies. Leverage has significant effect on the financial performance reciprocally both on Mining and Trade, Service, and Investment Companies. Dividend policy has significant effect on the financial performance reciprocally on Mining Companies. However, Dividend policy has insignificant effect on the financial performance reciprocally on Trade, Service, and Investment Companies. The research limitations are first, this research is expected to study about dividend policy of high and low liabilities company, but only few of the population companies are distributing dividend. Second, the variable indicators are expected to represent the variable but based on GeSCA, only few of them is significant. Third, not all of the theories used in this researches is support the research result analysis.
| Item Type: | Thesis (Magister) |
|---|---|
| Identification Number: | TES/332.67/MAC/t/2016/041703515 |
| Subjects: | 300 Social sciences > 332 Financial economics > 332.6 Investment |
| Divisions: | S2/S3 > Magister Administrasi Bisnis, Fakultas Ilmu Administrasi |
| Depositing User: | Nur Cholis |
| Date Deposited: | 06 Jun 2017 10:19 |
| Last Modified: | 06 Jun 2017 10:19 |
| URI: | http://repository.ub.ac.id/id/eprint/155799 |
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