PENGARUH PROFITABILITAS, LIKUIDITAS, LEVERAGE, FREE CASH FLOW, GOOD CORPORATE GOVERNANCE DAN ASSET GROWTH TERHADAP KEBIJAKAN DIVIDEN

Abstrak

This study aims to determine the effect of Profitability, Liquidity, Leverage, Free Cash Flow, Good Corporate Governance, and Asset Growth on Dividend Policy in Primary Consumer Goods Sector Companies Listed on the Indonesia Stock Exchange for the 2019-2023 Period. The population of this study was the primary consumer goods sector companies listed on the Indonesia Stock Exchange for the 2019-2023 period, with a total of 122 companies and obtained a total samples of 24 companies specified using the purposive sampling method. The analytical technique used in this study is a panel data regression analysis and is processed using the e-views 10. The research results showed that partial profitability had a negative and significant effect on dividend policy, liquidity had a negative and insignificant effect on dividend policy, leverage had a positive and significant effect on dividend policies, free cash flow had a positive and significant effect on dividend policy, good corporate governance had a negative and insignificant effect on dividend policy, and asset growth had a positive and insignificant effect on dividend policy in primary consumer goods sector companies listed on the Indonesia Stock Exchange.

Kata kunci

• Asset Growth
• Dividend Policy
• Free Cash Flow
• Good Corporate Governance
• Liquidity
• Profitability
• leverage