EFFECT OF LEVERAGE, GROWTH AND COMPANY SIZE ON DEVIDEN POLICY WITH GOOD CORPORATE GOVERNANCE AS INTERVENING VARIABLES (Study On Banking Companies Listed In BEI Period 2012-2017)

Abstract

This study aims to obtain empirical evidence on the influence of leverage on good corporate governance.
To obtain empirical evidence about the effect of leverage, growth and firm size on the policy through good corporate governance as intervening variable.
The population in the study is a banking company listed on the Indonesia Stock Exchange (BEI) in the period 2012-2017. The sample collected using purposive sampling method. A total of 148 populations with 15 samples over a 5-year period in a banking company. The method of analysis of this study using multiple linear regression.
This research is expected to provide empirical evidence on the leverage, growth and size of firms in the dividend policy through good corporate governance and increase knowledge in the field of financial management, especially on factors influencing dividend policy as well as providing additional information, insight and reference in the academic environment as one efforts to enrich knowledge and deepen the field under study.
The results of this study indicate that liquidity, leverage and firm size significantly influence dividend policy. Meanwhile, CGPI does not moderate the growth relationship with dividend policy in the listed banking companies in bei. CGPI moderate Leverage relationship with dividend policy in banking companies listed on BEI.
Keywords: Growth, Leverage, Good Corporate Governance, Company Size, Dividend Policy