International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


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Research Paper | Finance | Indonesia | Volume 8 Issue 6, June 2019


Liquidity and Profitability to Dividend Policy with IOS as Moderation at Manufacturing Companies Listed on IDX

Erma Muqita Aldini | Budi Santoso [2] | I Nyoman Nugraha Ardana Putra


Abstract: Dividend policy is a decision on whether profits are earned the company will be distributed to investor as dividends or will detained in the form of retained earnings for future investment. IOS will have an impact on dividend policy because management will be faced agency conflicts with investor. This study aims to analyze the effect of liquidity and profitability on dividend policy with IOS as moderation at manufacturing companies listed on Indonesia Stock Exchange (IDX). The results of this study indicate that liquidity and profitability influenced positive and significant effect on dividend policy. IOS is proven to weaken the positive effect of liquidity and profitability on dividend policy. And, Investment opportunity set is proved as pure moderator variable on liquidity and profitability relationship against dividend policy.


Keywords: Liquidity, Profitability, Dividend Policy, IOS


Edition: Volume 8 Issue 6, June 2019,


Pages: 28 - 36


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How to Cite this Article?

Erma Muqita Aldini, Budi Santoso, I Nyoman Nugraha Ardana Putra, "Liquidity and Profitability to Dividend Policy with IOS as Moderation at Manufacturing Companies Listed on IDX", International Journal of Science and Research (IJSR), Volume 8 Issue 6, June 2019, pp. 28-36, https://www.ijsr.net/get_abstract.php?paper_id=ART20198126

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