Profitability, Leverage, and Company Size: The Key to Dividend Policy in LQ 45 Companies on the Indonesia Stock Exchange

The purpose of this study is to examine how profitability, leverage, and company size affect dividend policy in LQ 45 firms that are listed on the BEI. The population that is the focus of the research this is an LQ 45 company listed on BEI during period 2019-2023. In the research, sample used consis...

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Main Authors: Inna Nur Hasanah, Dian Anita Sari
Format: Article
Language:English
Published: Fakultas Ekonomi dan Bisnis 2025-04-01
Series:Dialektika: Jurnal Ekonomi dan Ilmu Sosial
Subjects:
Online Access:https://ejournal.uniramalang.ac.id/dialektika/article/view/6209/4106
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author Inna Nur Hasanah
Dian Anita Sari
author_facet Inna Nur Hasanah
Dian Anita Sari
author_sort Inna Nur Hasanah
collection DOAJ
description The purpose of this study is to examine how profitability, leverage, and company size affect dividend policy in LQ 45 firms that are listed on the BEI. The population that is the focus of the research this is an LQ 45 company listed on BEI during period 2019-2023. In the research, sample used consisted of 21 company LQ 45. The sampling method applied is purposive sampling. Meanwhile, for data analysis, regression techniques were used multiple linear. The study's findings indicate that, for LQ 45 companies listed on the BEI, size has a major positive impact on dividend policy, profitability has a negligible negative impact, and leverage has a negligible negative impact. Adjusted R Value 2 which obtained at 0.142 indicating that there is 14.2% variation in dividend policy on LQ 45 companies listed on the BEI can be explained by the three independent variables, namely profitability, leverage and size company. Meanwhile, the remaining 85.8% is explained by other variables which were not analyzed in this study.
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institution Kabale University
issn 2502-4094
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language English
publishDate 2025-04-01
publisher Fakultas Ekonomi dan Bisnis
record_format Article
series Dialektika: Jurnal Ekonomi dan Ilmu Sosial
spelling doaj-art-bd0f64c3a65b4201876f9585cd228ef32025-08-21T00:53:50ZengFakultas Ekonomi dan BisnisDialektika: Jurnal Ekonomi dan Ilmu Sosial2502-40942598-781X2025-04-0110117518710.36636/dialektika.v10i1.6209Profitability, Leverage, and Company Size: The Key to Dividend Policy in LQ 45 Companies on the Indonesia Stock ExchangeInna Nur Hasanah0Dian Anita Sari1Universitas YPPI RembangUniversitas YPPI RembangThe purpose of this study is to examine how profitability, leverage, and company size affect dividend policy in LQ 45 firms that are listed on the BEI. The population that is the focus of the research this is an LQ 45 company listed on BEI during period 2019-2023. In the research, sample used consisted of 21 company LQ 45. The sampling method applied is purposive sampling. Meanwhile, for data analysis, regression techniques were used multiple linear. The study's findings indicate that, for LQ 45 companies listed on the BEI, size has a major positive impact on dividend policy, profitability has a negligible negative impact, and leverage has a negligible negative impact. Adjusted R Value 2 which obtained at 0.142 indicating that there is 14.2% variation in dividend policy on LQ 45 companies listed on the BEI can be explained by the three independent variables, namely profitability, leverage and size company. Meanwhile, the remaining 85.8% is explained by other variables which were not analyzed in this study.https://ejournal.uniramalang.ac.id/dialektika/article/view/6209/4106dividend policyleverageprofitabilitycompany size
spellingShingle Inna Nur Hasanah
Dian Anita Sari
Profitability, Leverage, and Company Size: The Key to Dividend Policy in LQ 45 Companies on the Indonesia Stock Exchange
Dialektika: Jurnal Ekonomi dan Ilmu Sosial
dividend policy
leverage
profitability
company size
title Profitability, Leverage, and Company Size: The Key to Dividend Policy in LQ 45 Companies on the Indonesia Stock Exchange
title_full Profitability, Leverage, and Company Size: The Key to Dividend Policy in LQ 45 Companies on the Indonesia Stock Exchange
title_fullStr Profitability, Leverage, and Company Size: The Key to Dividend Policy in LQ 45 Companies on the Indonesia Stock Exchange
title_full_unstemmed Profitability, Leverage, and Company Size: The Key to Dividend Policy in LQ 45 Companies on the Indonesia Stock Exchange
title_short Profitability, Leverage, and Company Size: The Key to Dividend Policy in LQ 45 Companies on the Indonesia Stock Exchange
title_sort profitability leverage and company size the key to dividend policy in lq 45 companies on the indonesia stock exchange
topic dividend policy
leverage
profitability
company size
url https://ejournal.uniramalang.ac.id/dialektika/article/view/6209/4106
work_keys_str_mv AT innanurhasanah profitabilityleverageandcompanysizethekeytodividendpolicyinlq45companiesontheindonesiastockexchange
AT diananitasari profitabilityleverageandcompanysizethekeytodividendpolicyinlq45companiesontheindonesiastockexchange