ANALISIS FAKTOR-FAKTOR YANG MEMENGARUHI KEPUTUSAN STOCK REPURCHASE DAN PEMBAGIAN DIVIDEN (STUDI EMPIRIS PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA 2013-2017)

RIZKY RIMBAWAN, I Wayan Nuka Lantara, M.Si., Ph.D.,

2019 | Tesis | MAGISTER MANAJEMEN (KAMPUS JAKARTA)

Penelitian ini bertujuan untuk menganalisis dan membahas pengaruh debt to assets, cash to assets, operating profit to assets, operating cash flow to assets, price-to-book value, institutional ownership, dan firm size terhadap stock repurchase dan pembagian dividen. Hasil penelitian ini membuktikan bahwa terdapat hubungan antara debt to assets, operating profit to assets, institutional ownership, dan firm size dengan pembagian dividen sedangkan operating cash flow to assets, cash to assets, dan price-to-book value tidak terdapat hubungan terhadap pembagian dividen. Sedangkan debt to assets, cash to assets, operating profit to assets, operating cash flow to assets, price-to-book value, institutional ownership, dan firm size tidak terdapat hubungan terhadap stock repurchase.

This study aims to analyze and discuss the effect of debt to assets, cash to assets, operating profit to assets, operating cash flow to assets, price-to-book value, institutional ownership, and firm size to stock repurchase and dividend distribution. The results of this study prove that there is a relationship between debt to assets, operating profit to assets, institutional ownership, and firm size with dividend distribution while operating cash flow to assets, cash to assets, and price-to-book value there is no relationship to dividend distribution. While debt to assets, cash to assets, operating profit to assets, operating cash flow to assets, price-to-book value, institutional ownership, and firm size there is no relationship to the stock repurchase.

Kata Kunci : Pembagian Dividen, Stock Repurchase, Debt to Assets, Operating Profit to Assets, Institutional Ownership, dan Firm Size.