Ownership Structure and Dividend Policy in Indonesia
Dublin Core
Title
Ownership Structure and Dividend Policy in Indonesia
Creator
Natasya Elva Nabila, Werner R. Murhadi, Liliana Inggrit W
Proceedings Item Type Metadata
meta_title
Ownership Structure and Dividend Policy in Indonesia
Abstract/Description
The purpose of this study is to examine how ownership structure affects dividend policy. Using 278 non-financial firms that have been listed on the Indonesia Stock Exchange for the past five years, this quantitative study examines the impact of ownership structure on dividend policy using multiple linear regression tests. The Signaling Theory and the Agency Theory are related theories. According to the findings, the dividend policy had a significant positive relationship with debt and profitability, a negative but negligible relationship with managerial ownership and company growth, and a negligible positive relationship with institutional ownership firm size. On the other hand, dividend policy and firm age were significantly correlated negatively.
publication_date
2025/06/15
pdf_url
https://insyma.org/proceedings/files/articles/Werner_R_Murhadi.pdf
abstract_html_url
https://insyma.org/proceedings/items/show/381
keywords
Dividend Policy, Signalling Theory, Agency Theory, Ownership Structure
firstpage
429
lastpage
434
issn
3047-857X
conference
Proceedings of the International Symposium on Management (INSYMA)
Volume
22
publisher_name
Fakultas Bisnis dan Ekonomika, Universitas Surabaya
no article
70
Files
Citation
Natasya Elva Nabila, Werner R. Murhadi, Liliana Inggrit W, “Ownership Structure and Dividend Policy in Indonesia,” Proceedings of the International Symposium on Management (INSYMA), accessed July 1, 2025, https://insyma.org/proceedings/items/show/381.