This study aims to gain empirical evidence on the effects of operating cash flow, profitability, liquidity, and leverage towards dividend policy. The samples employed in this study were 183 companies listed on the Indonesia Stock Exchange and classified in the LQ45 index. The research hypotheses were tested with multiple linear regression analysis. The results show that the operating cash flow positively affects the dividend policy while leverage negatively affects the dividend policy. In addition, both profitability and liquidity do not affect dividend policy.
|Number of pages||28|
|Journal||International Journal of Innovation, Creativity and Change|
|Publication status||Published - 2020|
- Dividend policy
- Operating cash flow