PENGARUH KEPEMILIKAN MANAJERIAL, KEPEMILIKAN INSTITUSIONAL, KEBIJAKAN HUTANG, UKURAN PERUSAHAAN DAN POSISI KAS TERHADAP KEBIJAKAN DEVIDEN ( Studi Empiris pada Perusahaan yang Terdaftar di Bursa Efek Indonesia Tahun 2011-2015)

Oki Nayoan Putra; Yunilma Yunilma; Resti Yulistia

PENGARUH KEPEMILIKAN MANAJERIAL, KEPEMILIKAN INSTITUSIONAL, KEBIJAKAN HUTANG, UKURAN PERUSAHAAN DAN POSISI KAS TERHADAP KEBIJAKAN DEVIDEN ( Studi Empiris pada Perusahaan yang Terdaftar di Bursa Efek Indonesia Tahun 2011-2015)

Authors

Oki Nayoan Putra
Yunilma Yunilma
Resti Yulistia

Abstract

This study aims to determine the effect of managerial ownership, institutional ownership, debt policy, the size of the company and its cash position to dividend policy. The population in this study is a company listed on the Indonesia Stock Exchange in 2011-2015. The sample in this study were taken by purposive sampling method. So the company obtained 38 samples.

Data were analyzed using SPSS 16 for classic assumption test, test F and test the hypothesis. The test results indicate that managerial ownership, debt policy, firm size, cash position had no significant effect on dividend policy. While institutional ownership have a significant effect on dividend policy.

Keywords: managerial ownership, institutional ownership, debt policy, firm size, cash position, dividend policy.