The Influence of Corporate Governance and Firm Age on the Dividend Payment Policy of Indonesian Banking Companies
- DOI
- 10.2991/978-2-38476-273-6_97How to use a DOI?
- Keywords
- Board Independence; Board Meeting; Audit Committee Size; Dividend Policy
- Abstract
There hasn't been a lot of GCG research on dividend policies in Indonesian financial organisations, hence the purpose of this study is to examine how corporate governance and company age affect dividend payment practices in these companies. This study's analytical technique is multiple regression hypothesis testing applied to Indonesian banking companies. The study's findings indicate that the size of the audit committee and the firm's age positively impact the dividend-paying policies of the corporation. In the meantime, company policy on dividend payments is not significantly impacted by board independence or meetings. Managerial implications: in order to increase the frequency with which banking companies distribute dividends, it is hoped that they will augment the number of relevant audit committees in the internal dividend policy monitoring system. Long-standing companies also have the advantage of low growth, which tends to fund fewer investments, allowing the company to distribute dividends in greater amounts.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Catur Rahayu Martiningtiyas AU - Anita Roosmalina Matusin AU - Sofiah Baisa AU - Zulfa Sukainah PY - 2024 DA - 2024/08/02 TI - The Influence of Corporate Governance and Firm Age on the Dividend Payment Policy of Indonesian Banking Companies BT - Proceedings of 5th Borobudur International Symposium on Humanities and Social Science 2023 PB - Atlantis Press SP - 943 EP - 952 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-38476-273-6_97 DO - 10.2991/978-2-38476-273-6_97 ID - Martiningtiyas2024 ER -