| dc.description.abstract | Annisa. (2007). The Effect of Insider Ownership, Debt to Equity Ratio, Cash
Flow, Investment Opportunities, and Profit growth on Dividend Payout Ratio.
Accounting Department. International Program. Faculty of Economics. Islamic
University of Indonesia, Yogyakarta.
Dividend is source information for shareholders and investors as a signal
whether the company has capability to get high profit and will distribute as well as
profit earned. The dividend decides in the general shareholder's meeting which is
consist ofdirectors, managers, and shareholders. Dividend policy is apolicy toset the
portion of dividend paid to shareholders.
The purpose of this study is to examine the dividend payout determinants of
manufacturing companies listed in Jakarta Stock Exchange (JSX). The researcher
intends to analyze the effect of insider ownership, debt to equity ratio, cash flow,
investment opportunities, and profit growth on dividend payout ratio. In order to
achieve that purpose, the multiple linear regression model uses to analyze the
population consist of 25 manufacturing companies listed inJSX during the research
period of 2002-2004.
The results of final regression analysis show that insider ownership, debt to
equity ratio, cash flow has no significant influence on dividend payout ratio while
investment opportunities and profit growth has significant influence on dividend
payout ratio. Some of the relationship between independent variables on dependent
variable is not as the researcher expected to be. | en_US |
