Manufacturing company is industrial sector which giving contribution that is big enough in growth of economic of Indonesia. The problems that happened is many listed manufacture company unable to pay for its cash dividend every year. Number of manufacture company that share cash dividend from...

Manufacturer industries have great contribution to Gross Domestic Product, show in a number of manufacture companies that have been registered in Indonesia Stock Exchange from 2004 up to 2008. This case showed that the role of manufacture industries in Indonesian economic have dominant position....