FAKTOR-FAKTOR PENENTU PEMBAYARAN DIVIDEN PADA PERUSAHAAN LQ45
DOI:
https://doi.org/10.22437/jmk.v12i01.18368Abstract
Tujuan Penelitian ini untuk menganalisis Faktor-faktor Penentu Pembayaran Dividen Pada LQ45 di Bursa Efek Indonesia. Sampel Penelitian adalah LQ45 pada periode 2018-2020. Jumlah sampel penelitian ini adalah 24 perusahaan LQ45 yang selalu muncul selama tahun 2017-2020. Alat analisis menggunakan SMART PLS. Hasil penelitian ini dapat disimpulkan profitabilitas perusahaan, perilaku pembayaran dividen dan nilai perusahaan tidak berpengaruh terhadap pembayaran dividen
Downloads
References
Adjaoud, F., & Ben-Amar, W. (2010). Corporate governance and dividend policy: Shareholders’ protection or expropriation? Journal of Business Finance and Accounting, 37(5–6), 648–667. https://doi.org/10.1111/j.1468-5957.2010.02192.x
Ahmed, H., & Javid, A. Y. (2012). Munich Personal RePEc Archive The determinants of dividend policy in Pakistan. Munich Personal RePEc Archive The, 37339.
Alexander, B., Ferris, S. P., & Sabherwal, S. (2018). Are dividends an outcome of or a substitute for external corporate governance? International evidence based on product market competition. Advances in Financial Economics, 20, 57–83. https://doi.org/10.1108/S1569-373220180000020003
Amidu, M., & Abor, J. (2006). Determinants of dividend payout ratios in Ghana. Journal of Risk Finance, 7(2), 136–145. https://doi.org/10.1108/15265940610648580
Avani, S. (2019). Dividend Payout Behaviour and Market Price: Evidence From Selected BSE Listed Companies. Journal of Commerce & Accounting Research, 8(1), 54–60. http://web.b.ebscohost.com/ehost/detail/detail?vid=0&sid=206096a9-0531-46a0-b07d-56fe8d870352%40pdc-v-sessmgr02&bdata=JnNpdGU9ZWhvc3QtbGl2ZSZzY29wZT1zaXRl#AN=134381205&db=buh
Ben-Nasr, H. (2015). Government Ownership and Dividend Policy: Evidence from Newly Privatised Firms. Journal of Business Finance and Accounting, 42(5–6), 665–704. https://doi.org/10.1111/jbfa.12115
Cheng, S., Lin, K. Z., & Wong, W. (2016). Corporate social responsibility reporting and firm performance: evidence from China. Journal of Management and Governance, 20(3), 503–523. https://doi.org/10.1007/s10997-015-9309-1
Chkir, I., & Samir, S. (2008). Taxation & dividend policy: New empirical evidence. Corporate Ownership and Control, 5(4 E CONT. 4), 432–439. https://doi.org/10.22495/cocv5i4c4p2
Denis, D. J., & Osobov, I. (2008). Why do firms pay dividends? International evidence on the determinants of dividend policy. Journal of Financial Economics, 89(1), 62–82. https://doi.org/10.1016/j.jfineco.2007.06.006
Gharaibeh, A. M. O., & Qader, A. A. A. A. (2017). Factors influencing firm value as measured by the Tobin’s Q: Empirical evidence from the Saudi Stock Exchange (TADAWUL). International Journal of Applied Business and Economic Research, 15(6), 333–358.
Grinstein, Y., & Michaely, R. (2005). Institutional holdings and payout policy. Journal of Finance, 60(3), 1389–1426. https://doi.org/10.1111/j.1540-6261.2005.00765.x
Husna, A., & Satria, I. (2019). Effects of Return on Asset, Debt To Asset Ratio, Current Ratio, Firm Size, and Dividend Payout Ratio on Firm Value. International Journal of Economics and Financial Issues, 9(5), 50–54. https://doi.org/10.32479/ijefi.8595
Khan, M. N., & Shamim, M. (2017). A sectoral analysis of dividend payment behavior: Evidence from Karachi Stock Exchange. SAGE Open, 7(1). https://doi.org/10.1177/2158244016682291
Michiels, A., Uhlaner, L., & Dekker, J. (2017). The effect of family business professionalization on dividend payout. Journal of Small Business and Enterprise Development, 24(4), 971–990. https://doi.org/10.1108/JSBED-01-2017-0023
Pattenden, K., & Twite, G. (2008). Taxes and dividend policy under alternative tax regimes. Journal of Corporate Finance, 14(1), 1–16. https://doi.org/10.1016/j.jcorpfin.2007.09.002
Poterba, J. M., & Summers, L. H. (1984). New Evidence That Taxes Affect the Valuation of Dividends. The Journal of Finance, 39(5), 1397–1415. https://doi.org/10.1111/j.1540-6261.1984.tb04914.x
Sarwar, B., Xiao, M., Husnain, M., & Naheed, R. (2018). Board financial expertise and dividend-paying behavior of firms: New insights from the emerging equity markets of China and Pakistan. Management Decision, 56(9), 1839–1868. https://doi.org/10.1108/MD-11-2017-1111
Sheikh, A., & Banafa, A. (2014). Relationship between dividend payouts and firm’s value in Kenya. International Journal of Scientific & Engineering Research, 5(7), 476–492. http://www.ijser.org
Singla, H. K., & Samanta, P. K. (2019). Determinants of dividend payout of construction companies: a panel data analysis. Journal of Financial Management of Property and Construction, 24(1), 19–38. https://doi.org/10.1108/JFMPC-06-2018-0030
Srinivasan, P. (2012). Determinants of Equity Share Prices in India: A Panel Data Approach. The Romanian Economic Journal, 15(45), 205–228.
Thakur, B. P. S., Kannadhasan, M., Charan, P., & Gupta, C. P. (2021). Corruption and Firm Value: Evidence from Emerging Market Economies. Emerging Markets Finance and Trade, 57(4), 1182–1197. https://doi.org/10.1080/1540496X.2019.1613643
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Mey Shara Kurnia
This work is licensed under a Creative Commons Attribution 4.0 International License.