PENGARUH ASPEK KEBIJAKAN DIVIDEN TERHADAP VOLATILITAS HARGA SAHAM DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2013-2015

Novianti, Airin (2017) PENGARUH ASPEK KEBIJAKAN DIVIDEN TERHADAP VOLATILITAS HARGA SAHAM DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2013-2015. Skripsi thesis, UNIVERSITAS TARUMANAGARA.

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Abstract

Penelitian ini bertujuan untuk memperoleh bukti empiris mengenai pengaruh aspek kebijakan dividen terhadap volatilitas harga saham dengan ukuran perusahaan sebagai variabel moderasi pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2013-2015. Penelitian ini menggunakan metode purposive sampling. Penelitian ini menggunakan 120 data perusahaan sebagai sampel. Hipotesis penelitian diuji menggunakan regresi linear berganda. Hasil penelitian ini menunjukkan bahwa dividend payout ratio, earning volatility, dividend yield memiliki pengaruh terhadap volatilitas harga saham, sedangkan growth in assets tidak memiliki pengaruh terhadap volatilitas harga saham. Pengujian dengan variabel moderasi berupa ukuran perusahaan tidak memoderasi pengaruh dividend payout ratio, growth in assets, earning volatility, dan dividend yield terhadap volatiltas harga saham. Penelitian selanjutnya diharapkan dapat menggunakan variabel lain yang dapat lebih menjelaskan voaltilitas harga saham seperti earning per share, leverage dan debt. Kata kunci : volatilitas harga saham, dividend payout ratio, growth in asset, earning volatility, dan dividend yield The aim of this research is to get the empirical evidence about the influence of aspect of dividend policy on share price volatility of manufacturing companies which were listed in Indonesia Stock Exchange during the period 2013-2015. This study used purposive sampling method. This study used 120 companies’ data as the sample. The hypothesis was tested using multiple linear regression. The results of this study showed that dividend payout ratio, earning volatility, dividend yield has influence towards share price volatility, while growth in assets have no influence towards share price volatility. The use of firm size as moderating variable is not moderate the influence of dividend payout ratio, growth in assets, earning volatility, and dividend yield toward share price volatility. Further researches are expected to use other variables that could explain more about share price volatility such as earning per share, leverage and debt. Keywords : share price volatility, dividend payout ratio, growth in assets, earning volatility, and dividend yield

Item Type: Thesis (Skripsi)
Subjects: Skripsi/Tugas Akhir
Skripsi/Tugas Akhir > Fakultas Ekonomi
Divisions: Fakultas Ekonomi > Akuntansi
Depositing User: FE Perpus
Date Deposited: 17 Jan 2022 06:11
Last Modified: 17 Jan 2022 06:11
URI: http://repository.untar.ac.id/id/eprint/33608

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