Pengaruh growth opportunities, foreign ownership, agency cost di moderasi leverage terhadap dividend payment perseroan non financial di indonesia.
Info Katalog
File Repositori
Pembimbing 3 : Naqib Fursan Al Hakim Mukin
Penerbit : FEB - Usakti
Kota Terbit : Jakarta
Tahun Terbit : 2025
Pembimbing 1 : Henny Setyo Lestari
Kata Kunci : dividend payment, growth opportunities, foreign ownership, agency cost.
Status Posting : Published
Status : Lengkap
File Repositori
| No. | Nama File | Hal. | Link |
|---|---|---|---|
| 1. | 2025_TS_MMJ_122012311039_Halaman-Judul.pdf | 12 | |
| 2. | 2025_TS_MMJ_122012311039_Surat-Pernyataan-Revisi-Terakhir.pdf | 1 | |
| 3. | 2025_TS_MMJ_122012311039_Surat-Hasil-Similaritas.pdf | 1 | |
| 4. | 2025_TS_MMJ_122012311039_Halaman-Pernyataan-Persetujuan-Publikasi-Tugas-Akhir-untuk-Kepentingan-Akademis.pdf | ||
| 5. | 2025_TS_MMJ_122012311039_Lembar-Pengesahan.pdf | 4 | |
| 6. | 2025_TS_MMJ_122012311039_Pernyataan-Orisinalitas.pdf | 1 | |
| 7. | 2025_TS_MMJ_122012311039_Formulir-Persetujuan-Publikasi-Karya-Ilmiah.pdf | 1 | |
| 8. | 2025_TS_MMJ_122012311039_Bab-1.pdf | 9 | |
| 9. | 2025_TS_MMJ_122012311039_Bab-2.pdf | 30 |
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| 10. | 2025_TS_MMJ_122012311039_Bab-3.pdf | 9 |
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| 11. | 2025_TS_MMJ_122012311039_Bab-4.pdf | 16 |
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| 12. | 2025_TS_MMJ_122012311039_Bab-5.pdf | 4 | |
| 13. | 2025_TS_MMJ_122012311039_Daftar-Pustaka.pdf | 8 | |
| 14. | 2025_TS_MMJ_122012311039_Lampiran.pdf |
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P Penelitian ini berfokus pada pengujian pengaruh agency cost, opportunity growth & forign ownership pada pembayaran dividen dengan dimoderasi oleh debt equity ratio antara agency cost dan dividend payment diperseroan serta didukung oleh variable kontrol return on assets, liquidity and firm size. dividend payment pada penelitian ini difokuskan pada jumlah total dividen yang dibayarkan dibagikan dengan total laba bersih. data yang digunakan dalam penelitian ini merupakan data sekunder yang bersumber dari laporan tahunan perusahaan sektor non finansial yang tercatat di bursa efek indonesia (bei) selama periode 2020-2023. sampel penelitian dipilih menggunakan metode purposive sampling sehingga diperoleh 67 perusahaan yang menjadi sampel. analisis data yang digunakan untuk uji hipotesis yaitu analisis regresi berganda dengan menggunakan program eviews. hasil penelitian menunjukkan bahwa agency cost tidak memiliki pengaruh terhadap dividend payment dan jika dimoderasi oleh der terbukti berpengaruh dengan arah hubungan positif. selain itu, variabel independen growth opportunities serta variabel kontrol roa & size berpengaruh secara positif terhadap dividend payment dan foreign ownership berpengaruh secara negatif terhadap dividen payment. hasil penelitian ini memberikan implikasi penting diantaranya adalah mendorong manajemen untuk mempertimbangkan faktor-faktor yang memengaruhi kebijakan dividen, seperti peluang pertumbuhan, kepemilikan asing, profitabilitas, ukuran perusahaan, dan efisiensi struktur modal (terutama der). temuan ini berguna bagi investor untuk menilai prospek dividen, bagi regulator untuk memperkuat tata kelola perusahaan, dan bagi kreditor untuk mengevaluasi risiko dan kelayakan kredit.
T This study focuses on examining the effects of agency cost, growth opportunities, and foreign ownership on dividend payment, with the moderating role of the debt-to-equity ratio (der) in the relationship between agency cost and dividend payment within companies. the analysis is supported by control variables including return on assets (roa), liquidity, and firm size. in this study, dividend payment is measured as the total amount of dividends paid divided by net income. the data used are secondary data obtained from annual reports of non-financial sector companies listed on the indonesia stock exchange (idx) during the 2020–2023 period. the sample was selected using purposive sampling, resulting in 67 companies. the hypothesis was tested using multiple regression analysis with the e-views software. the results indicate that agency cost has no direct effect on dividend payment; however, when moderated by der, it shows a significant positive effect. furthermore, the independent variable growth opportunities and the control variables roa and firm size have a positive influence on dividend payment, while foreign ownership has a negative effect. these findings provide important implications, encouraging management to consider factors influencing dividend policy such as growth opportunities, foreign ownership, profitability, firm size, and capital structure efficiency (particularly der). the results are also useful for investors in assessing dividend prospects, for regulators in enhancing corporate governance, and for creditors in evaluating credit risk and creditworthiness.
