PENGARUH LEVERAGE, STRUKTUR KEPEMILIKAN, DAN CORPORATE GOVERNANCE TERHADAP KEBIJAKAN DIVIDEN PADA SEKTOR MANUFAKTUR DI BEI

Abstrak

This study aims to examine the effect of leverage, ownership structure, and corporate governance on dividend policy on manufacturing sector in Indonesia Stock Exchange Period 2012-2016. This research was conducted in all manufacturing companies in Indonesia Stock Exchange (BEI). The number of samples, using purposive sampling method is as many as 18 companies from 147 companies during the period 2012-2016. Data analysis technique applied in this research is multiple linear regression. The results of the analysis reply that leverage partially have a positive effect on the dividend policy in the manufacturing sector in Indonesia Stock Exchange Period 2012-2016. Partial ownership structure positively affects dividend policy in manufacturing sector in Indonesia Stock Exchange for 2012-2016 period. Corporate governance partially positively influences the dividend policy on the manufacturing sector in Indonesia Stock Exchange Period 2012-2016.