Pengaruh Kesempatan Investasi dan Debt to Equity Ratio terhadap Kebijakan Dividen dengan Profitabilitas sebagai Variabel Mediasi pada Perusahaan Healthcare di BEI

Tirta, Chaleblim Silvanus (2024) Pengaruh Kesempatan Investasi dan Debt to Equity Ratio terhadap Kebijakan Dividen dengan Profitabilitas sebagai Variabel Mediasi pada Perusahaan Healthcare di BEI. Masters thesis, Universitas Tarumanagara.

	Text Cover_Chaleblim_117232079.pdf Download (209kB)
	Text Pengesahan_Chaleblim_117232079.pdf Download (326kB)
	Text Daftar Isi_Chaleblim_117232079.pdf Download (274kB)
	Text Daftar Tabel_Chaleblim_117232079.pdf Download (164kB)
	Text Daftar Gambar_Chaleblim_117232079.pdf Download (98kB)
	Text Daftar Pustaka_Chaleblim_117232079.pdf Download (206kB)

Abstract

This study aims to analyze the effect of investment opportunities, Debt to Equity Ratio (DER), and profitability on dividend policy in healthcare sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2021–2023. In addition, this study also examines the mediating role of profitability in the relationship between investment opportunities and DER on dividend policy. This research method is a causality study with a quantitative approach. The sample was taken using purposive sampling with a sample size of 12 companies, resulting in a total of 36 panel data observations. Data analysis was carried out using panel data regression. The results showed that investment opportunities had a positive and significant effect on profitability and dividend policy, while DER had a negative and significant effect on both variables. Profitability was found to have a negative and significant effect on dividend policy. The mediation test revealed that profitability did not mediate the effect of investment opportunities on dividend policy, but profitability significantly mediated the relationship between DER and dividend policy. These findings strengthen the trade-off theory and indicate that capital structure affects dividend policy through profitability as an intermediary
variable. This study contributes to understanding the mechanism of the influence of financial variables on dividend policy in healthcare companies on the IDX, as well as implications for corporate financial management decision making

Item Type:	Thesis (Masters)
Additional Information:	Dosen Pembimbing: Dr. Indra Widjaja, S.E., M.M.
Uncontrolled Keywords:	Keywords: Investment Opportunities, Debt to Equity Ratio, Dividend Policy, Profitability
Subjects:	Tesis Tesis > Pascasarjana
Divisions:	Pascasarjana
Depositing User:	Pasca Perpus
Date Deposited:	22 May 2026 09:14
Last Modified:	22 May 2026 09:14
URI:	https://repository.untar.ac.id/id/eprint/49499

Actions (login required)

View Item