期刊名称:International Research Journal of Finance and Economics
印刷版ISSN:1450-2887
电子版ISSN:1450-2887
出版年度:2018
期号:165
页码:46-54
出版社:European Journals Inc.
摘要:This study aims to examine the relationship between dividend policy, funding decision and stock price at 100 compass index companies in Indonesia period 2011-2015. Sampling method using purposive sampling with total sample 21 company. Regression in this study using panel data regression. The result of research shows dividend policy by dividend payout ratio has significant effect on stock price which means higher dividend payout ratio will attract investment to invest in company so it will increase share price, dividend policy relation by using dividend yield has no significant effect on price stocks, which means dividend yields have no role in stock prices, this is because the tax burden on dividends is too high, the relationship of financing decisions using the debt to equity ratio does not affect the stock price, which means that the company prefers internal sources of funds rather than selling shares.