Analysis Factors that Impact Dividend Payout Ratio on Listed Companies at Jakarta Islamic Index
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2016, Vol 6, Issue 2
Abstract
The purpose of the research is to examine the effect of Return On Assets (ROA), Debt to Equity Ratio (DER), Assets Growth and Dividend Payout Ratio in a Year Before (DPRt-1) towards Dividend Payout Ratio (DPR) on Listed Companies at Jakarta Islamic Index during 2009-2014 period. This research is using annual report that collected from Indonesia Stock Exchange. The method used in this research is panel data regression analysis and the chosen models that used common effect model. The results showed a positive and significant effect of ROA and DPR in a year before to Dividend Payout Ratio. The results also showed a negative and significant effect of Asset Growth to Dividend Payout Ratio. However, the results also showed no significant effect of Debt to Equity Ratio to Dividend Payout Ratio. The most significant variable that effecting Dividend Payout Ratio is Dividend Payout Ratio a Previous Year (DPRt-1).
Authors and Affiliations
Rembulan Rahmadia Fitri, Muhamad Nadratuzzaman Hosen, Syafaat Muhari
Keywords
Related Articles
- EP ID EP149044
- DOI 10.6007/IJARAFMS/v6-i2/2074
- Views 114
- Downloads 0
Leadership and Managerial Effectiveness in Higher Education
Role of Islamic Microfinance in Poverty Alleviation in Pakistan: An Empirical Approach
TMAP: Trip Recommendation System Accommodating the Mobile Tourist Preferences
Having or making a trip is a very important component of everyday life. With the new technology, the trip recommendation accommodating the mobile tourist preferences possible and has become a new research area. This type...
Challenges of News Policy in the Islamic Republic of Iran Broadcasting (IRIB). A Qualitative Study
Policy-making plays an important role in the sphere of public media and shapes the sphere of communications in any society. Study of the process of media policy and the way a proper policy could be made so to accomplish...
Fiscal Policy and Capital Market Performance: Evidence from EU Countries from Central and Eastern Europe
The aim of this paper is to analyze the relationship between fiscal policy and capital market performance in 6 European Union (EU) countries from Central and Eastern Europe, for period 2004 – 2015. In order to understand...