ANALISIS PENGARUH BOARD SIZE, BOARD INDEPENDENCE, MANAGERIAL OWNERSHIP DAN INSTITUTIONAL OWNERSHIP TERHADAP DIVIDEND PAYOUT RATIO (STUDI PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2005 – 2011)

WARDANI, DANIK SRI (2013) ANALISIS PENGARUH BOARD SIZE, BOARD INDEPENDENCE, MANAGERIAL OWNERSHIP DAN INSTITUTIONAL OWNERSHIP TERHADAP DIVIDEND PAYOUT RATIO (STUDI PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2005 – 2011). Other thesis, Universitas Sebelas Maret.

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    Abstract

    The purpose of this study is to examine the influence of board size, board independence, managerial ownership, and institutional ownership on dividend payout ratio. The population is all of manufacture companies listed on Indonesia Stock Exchange for the period 2005–2011. Purposive sampling is used to choose the sample and 91 manufacture companies are found to be sample for 7 years research. The researcher uses multiple linear regression with SPSS 16.00. The result shows size of board size, board independence, managerial ownership and institutional ownership simultaneously have positive and significant influence on dividend payout ratio. Influence testing partially by the level of significant of 1% shows that board size has negative and significant influence on dividend payout ratio. And by the level of significant of 10% shows that institutional ownership has positive and significant influence on dividend payout ratio. return on equity and leverage has negative but insignificant influence on yield rate, whereas board independence and managerial ownership has positive but insignificant influence on dividend payout ratio. Penelitian ini bertujuan untuk menguji pengaruh board size, board independence, managerial ownership, dan institutional ownership terhadap dividend payout ratio. Populasi dalam penelitian ini adalah seluruh perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia tahun 2005–2011. Purposive sampling digunakan untuk memilih sampel dan diperoleh 91 sampel perusahaan Manufaktur. Peneliti menggunakan analisis regresi linear berganda dengan bantuan software SPSS 16.00. Hasil penelitian menunjukkan bahwa board size, board independence, managerial ownership, dan institutional ownership secara simultan berpengaruh positif signifikan terhadap dividend payout ratio. Penelitian pengaruh secara parsial dengan tingkat signifikansi 1% menunjukkan bahwa board size berpengaruh negatif dan signifikan terhadap dividend payout ratio. Dan dengan tingkat signifikansi 10% menunjukkan bahwa institutional ownership berpengaruh positif dan signifikan terhadap dividend payout ratio. Sedangkan board independence dan managerial ownership berpengaruh positif tetapi tidak signifikan terhadap dividend payout ratio

    Item Type: Thesis (Other)
    Subjects: H Social Sciences > HB Economic Theory
    Divisions: Fakultas Ekonomi > Manajemen
    Depositing User: Vignasari Kokasih
    Date Deposited: 10 May 2014 05:17
    Last Modified: 10 May 2014 05:17
    URI: https://eprints.uns.ac.id/id/eprint/15687

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