Pengaruh Profitabilitas terhadap Investment Opportunity Set (IOS) serta dampaknya pada Kebijakan Dividen (Studi pada Saham LQ45 di Bursa Efek Indonesia Periode Tahun 2016-2019)

Agustina, Tri (2021) Pengaruh Profitabilitas terhadap Investment Opportunity Set (IOS) serta dampaknya pada Kebijakan Dividen (Studi pada Saham LQ45 di Bursa Efek Indonesia Periode Tahun 2016-2019). Sarjana thesis, Universitas Brawijaya.

Abstract

"Investasi adalah komitmen atas sejumlah dana atau sumber daya lainnya yang dilakukan pada saat ini, dengan tujuan memperoleh sejumlah keuntungan dimasa yang akan datang (Tandelilin, 2010:2). Investment Opportunity Set (IOS) merupakan nilai kesempatan investasi dan merupakan pilihan untuk membuat investasi dimasa yang akan datang. Kesempatan berinvestasi juga dipengaruhi oleh kebijakan dividen yang akan dilakukan oleh pihak perusahaan. Tujuan penelitian ini adalah mengetahui dan menjelaskan pengaruh ROA (return on total assets) terhadap MVE/BVE (market to book value of equity), ROA terhadap MVA/BVA, MVE/BVE terhadap DPR (dividend payout ratio), MVA/BVA terhadap DPR dan ROA terhadap DPR. Sampel dalam penelitian ini adalah perusahaan yang diklasifikasikan dalam IDX LQ45 yang terdaftar di Bursa Efek Indonesia periode 2016-2019. Analisis data menggunakan path analysis. Hasil analisis menunjukkan bahwa terdapat pengaruh signifikan variabel ROA (return on total assets) terhadap MVE/BVE (market to book value of equity). Terdapat pengaruh signifikan variabel ROA (return on total assets) terhadap MVA/BVA (Market To Book Value Of Assets). MVE/BVE (market to book value of equity) berpengaruh signifikan terhadap DPR (dividend payout ratio). Terdapat pengaruh signifikan variabel MVE/BVE (market to book value of equity) terhadap DPR (dividend payout ratio) dan ROA (return on total assets) memiliki pengaruh signifikan terhadap DPR (dividend payout ratio). Kata Kunci: Profitabilitas, Investment Opportunity Set (IOS), Kebijakan Dividen "

English Abstract

Profitability is an important element for a profit-oriented company. For company leaders, profitability can be used as a measure to determine the success of the company they lead, while for investors, profitability can be used as a signal for investing in a company. The higher the level of profitability that the company can achieve, the smoother the dividend payments to investors will be. Tandelilin (2010: 2) states that investment is a commitment to a number of funds or other resources carried out at this time, with the aim of obtaining a number of benefits in the future. Investment Opportunity Set (IOS) is a value investment opportunity and is an option for making investments in the future. This investment opportunity is also influenced by the company's dividend policy. The purpose of this study was to determine and explain the effect of ROA (return on total assets) on MVE / BVE (market to book value of equity), ROA on MVA / BVA, MVE / BVE on DPR (dividend payout ratio), MVA / BVA on DPR. and ROA to the DPR (dividend payout ratio). The sample in this research is companies classified in the IDX LQ45 which were listed on the Indonesia Stock Exchange period 2016-2019. This study analyze the data conducted by using path analysis. The results of the analysis show that there is a significant effect of the ROA (return on total assets) variable on MVE / BVE (market to book value of equity). There is a significant effect of the ROA (return on total assets) variable on MVA / BVA (Market To Book Value Of Assets). MVE / BVE (market to book value of equity) has a significant effect on the DPR (dividend payout ratio). There is a significant effect the MVE / BVE (market to book value of equity) variable on the DPR (dividend payout ratio) and ROA (

Other obstract

-

Item Type: Thesis (Sarjana)
Identification Number: 052103
Uncontrolled Keywords: Profitabilitas, Investment Opportunity Set (IOS), Kebijakan Dividen, Profitability, Investment Opportunity Set (IOS), Dividend Policy
Divisions: Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga
Depositing User: Unnamed user with username nurmasudah
Date Deposited: 24 Oct 2021 06:47
Last Modified: 11 Oct 2024 02:32
URI: http://repository.ub.ac.id/id/eprint/185775
[thumbnail of Tri Agustina.pdf] Text
Tri Agustina.pdf

Download (1MB)

Actions (login required)

View Item View Item