Faktor Faktor yang Mempengaruhi Keputusan Membagikan Cash Dividen Pada Perusahaan Automotive Di Bursa Efek Indonesia

Abstract

The purpose of the study was improve the influence factors the decision to distribute
cash dividends .In this study have use 23 automotive companies in Jakarta Stock Exchange.
The way collected for the sample using purposive sampling method. The data used is
secondary, derived from the Indonesian Capital Market of Directory (ICMD). Tiime
observation period during from 2008 until 2012. This research consist of two variables
category. The first variable is the dependent variable, that is the decision to distribute cash
dividends. The second that is independent variable consist of liquidity, leverage and market
capitalization. To perform hypothesis testing is done by using quantitative analysis. Tool of
the statistic analysis using binary logistic. Based on the results of hypothesis testing found
that liquidity, leverage and market capitalization partially are not significant effect on the
decision to distribute cash dividends in automotive companies in Indonesia Stock Exchange
Keywords : Likuiditas, Leverage, Market Capitalization, The decision Paid Cash Dividen