Title: Association of Investment Opportunity Set (IOS) with Funding Policy, Dividend Policy and Company Profitability in Growing and Not Growing Growth (Study of Manufacturing Companies listed on the Indonesia Stock Exchange for the 2004-2006 Period)
Author: Ongko Wiyono
Item Type : Thesis (Thesis)
Affiliations: Master of Management Study Program, Faculty of Economics and Business, Universitas Airlangga , Surabaya, Indonesia
Publisher: Universitas Airlangga
Abstract
The research was aimed at knowing the associations of investment opportunity set on financing policy, dividend policy, and firm profitability. The methodology used in this research was 1) data was collected from documentation. Documentation is taken from firm's released annual financial statement on Indonesia Stock Exchange (BEI) from 2004-2006, 2) the research was conducted using factor analysis, common factor analysis was conducted to construct composite measure then ranked in order to classify the growth of sampling firms, 3) all data were tested using multiple linear regression. The final result of this research showed that growth firms significantly associate financing policy and dividend policy, but cannot prove significantly associated with firm profitability.
Keywords: Investment opportunity set, financing policy, dividend policy, firm profitability
Sources: http://repository.unair.ac.id/94102/
