Proceedings of 5th Borobudur International Symposium on Humanities and Social Science 2023

The Influence of Corporate Governance and Firm Age on the Dividend Payment Policy of Indonesian Banking Companies

Authors
Catur Rahayu Martiningtiyas1, *, Anita Roosmalina Matusin1, Sofiah Baisa1, Zulfa Sukainah1
1Universitas Trisakti, Jakarta, Indonesia
*Corresponding author. Email: catur.rahayu@trisakti.ac.id
Corresponding Author
Catur Rahayu Martiningtiyas
Available Online 2 August 2024.
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.

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Volume Title
Proceedings of 5th Borobudur International Symposium on Humanities and Social Science 2023
Series
Advances in Social Science, Education and Humanities Research
Publication Date
2 August 2024
ISBN
978-2-38476-273-6
ISSN
2352-5398
DOI
10.2991/978-2-38476-273-6_97How to use a DOI?
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  -