Pengaruh Investment Opportunity Set (IOS) Struktur Kepemilikan dan Ukuran Perusahaan Terhadap Dividen Payout Ratio Pada Perusahaan Manufaktur yang Terdaftar Pada Bursa Efek Indonesia Tahun 2013-2016

Makmuri Sekolah Tinggi Ilmu Ekonomi Y.A.I

Makmuri STIE Y.A.I

Keywords: Investment Opportunity Set, Managerial Ownership Structure, Company Size, and Dividend Payuot Ratio (DPR)

Abstract

This study aims to determine the Influence of Investment Opportunity Set (IOS), Ownership Structure, and Company Size on Dividend Policy at Manufacturing Companies Listed In IDX In 2013-2016. The data used in this study is obtained from the annual report. The total population of manufacturing Companies is 141 companies. Sampling using purposive sampling method, as many as 12 manufacturing companies listed in Indonesia Stock Exchange (BEI) research period for four years from 2013 to 2016. The results of this study indicate Investment Opportunity Set and Managerial Ownership Structure have a negative and significant impact on Dividend Payuot Ratio (DPR). While the size of the company has a positive and significant effect on the policy of dividends. Research results can also prove that jointly Investment Opportunity Set (IOS), Managerial Ownership Structure, and Size Company significantly influence Dividend Payuot Ratio (DPR).