The Impact of Dividend Policy on Stock Prices With Profitability as Variable Mediation in Manufacturing Companies Listed in Indonesia Stock Exchange
- DOI
- 10.2991/aebmr.k.201126.059How to use a DOI?
- Keywords
- Dividend Policy, Profitability, Stock Prices
- Abstract
This study aims to determine the impact of dividend policy on stock prices with profitability as a mediating variable on manufacturing companies listed on the Indonesia Stock Exchange. The population in this study are all manufacturing companies listed on the Indonesia Stock Exchange from 2014 to 2018 using secondary data. The sampling technique uses purposive sampling. The number of samples in this study were 370 samples (74 companies with 5 years of research). The data analysis method used is to use path analysis and sobel test on the SPSS 25 program. The results of the study indicate that dividend policy has a positive and significant effect on stock prices. Profitability has a positive and significant effect on stock prices. Dividend policy has a positive and significant effect on stock prices. Dividend policy has a positive and significant effect on stock prices with profitability as a mediating variable.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Aidil Putra AU - Rosyeni Rasyid PY - 2020 DA - 2020/11/27 TI - The Impact of Dividend Policy on Stock Prices With Profitability as Variable Mediation in Manufacturing Companies Listed in Indonesia Stock Exchange BT - Proceedings of the 5th Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020) PB - Atlantis Press SP - 526 EP - 542 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201126.059 DO - 10.2991/aebmr.k.201126.059 ID - Putra2020 ER -