Pengaruh Good Corporate Governance, Likuiditas, Dan Profitabilitas Terhadap Kebijakan Dividen

Abstract

The purpose of this research is to obtain empirical evidence on the influence of good corporate governance, liquidity, and profitability on dividend policies in manufacturing companies listed on the Indonesia Stock Exchange in 2017 – 2019. The study used 48 samples from manufacturing companies selected by purposive sampling method. The data used is secondary data in the form of financial statements. Data processing techniques using multiple regression analysis assisted by the E-views program version 10.0. The results of this study showed that good corporate governance has a positive and significant effect on dividend policy, liquidity has a negative and insignificant effect on dividend policy, and profitability has a negative and significant effect on dividend policy. Further research is expected to add independent variables, extend the research period, and use sectors other than manufacturing companies.