Pengaruh R&D Investments Pada Dividend Payout Ratio Perusahaan Non Financial Di BEI Tahun 2012-2019

Muthia Pramesti; I Made Prajna

doi:10.30651/blc.v19i2.12321

Authors

Muthia Pramesti Departemen Manajemen FEB Universitas Indonesia
I Made Prajna FEB Universitas Indonesia Dept. Manajemen

DOI:

https://doi.org/10.30651/blc.v19i2.12321

Keywords:

Cash Holding, Dividend Payout Ratio, Internal Financing Deficit, Perusahaan Non-Finansial, R&D Investment.

Abstract

Tujuan dari penelitian ini untuk menemukan pengaruh R&D investments pada Dividend Payout Ratio perusahaan non-finansial di Bursa Efek Indonesia (BEI) dari 2012 â€“ 2019. Seluruh data dan statistic yang telah dikumpulkan diolah memanfaatkan Tobit Regression Left-Censored Model. Penelitian ini menemukan bukti bahwa R&D investments tidak berpengaruh terhadap kebijakan dividend (Dividend Payout Ratio) perusahaan non-finansial. Tidak adanya pengaruh antara R&D investments terhadap Dividend Payout Ratio perusahaan non-finansial ini ini dapat ditemukan pada perilaku investor Indonesia serta kondisi institusional negara Indonesia. Dengan demikian, penelitian ini akan berkontribusi memberikan pemahaman yang lebih jauh kepada peneliti lainnya maupun sebagai bahan pertimbangan bagi perusahaan dalam pembuatan dan penentuan kebijakan dividend perusahaan non-finansial di Indonesia

Author Biographies

Muthia Pramesti, Departemen Manajemen FEB Universitas Indonesia

Dept Manajemen FEB UI

I Made Prajna, FEB Universitas Indonesia Dept. Manajemen

FEB UI, Dept Manajemen

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