The Effect of Conservatism and Visionary Attitude toward Investment Policy and Dividend as a Moderating Variable

DOI

10.2991/amca-18.2018.106How to use a DOI?

Keywords

Dividends, Managerial attitudes, Investment policies

Abstract

This study examines managerial attitude toward company investment policy with dividend as a moderating variable. The research method used is Moderated Regression Analysis. The samples of this research are 36 companies with 3 years’ observation samples. The result indicates that managerial attitude has an effect on the investment policy with the effect size of 51,2%, while dividend failed to moderate the effect of managerial attitude toward investment policy. Meanwhile, 48.8% of the factor affecting investment policy is explained by another unobserved variable. Furthermore, when gender is used as a control variable, it can explain that male managers are more visionary in determining investment policy compared to female managers.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Sobrotul Imtikhanah
PY  - 2018/07
DA  - 2018/07
TI  - The Effect of Conservatism and Visionary Attitude toward Investment Policy and Dividend as a Moderating Variable
BT  - Proceedings of the 5th International Conference on Community Development (AMCA 2018)
PB  - Atlantis Press
SP  - 386
EP  - 388
SN  - 2352-5398
UR  - https://doi.org/10.2991/amca-18.2018.106
DO  - 10.2991/amca-18.2018.106
ID  - Imtikhanah2018/07
ER  -