KnE Social Sciences

ISSN: 2518-668X

The latest conference proceedings on humanities, arts and social sciences.

Ownership Structure, Corporate Governance and Dividend Policy: Evidence from Indonesia

Published date: Nov 12 2018

Journal Title: KnE Social Sciences

Issue title: The 2018 International Conference of Organizational Innovation (ICOI-2018)

Pages:

DOI: 10.18502/kss.v3i10.3466

Authors:

R Malavia Mardani - ronny.malavia.mardani@gmail.com

Moeljadi .

Sumiati .

N Khusniyah Indrawati

Abstract:

The purpose of this study is to examine the relationship between ownership structure, corporate governance, and dividend policy. The sample in this study is a financial company listed on the Indonesia Stock Exchange in the period 2014–2016. The results showed that managerial ownership is positively related to dividend policy. Institutional ownership is negatively related to dividend policy. Board size is negatively related to dividend policy, while independent board is positively related to dividend policy.

 

 

Keywords: managerial ownership, institutional ownership, board size, independent board

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