The Effect of Ownership Structure on the Dividend Policy of the Company Listed in Indonesia Stock Exchange

DOI

10.2991/aebmr.k.201126.052How to use a DOI?

Keywords

dividend policy, family ownership, foreign ownership, institutional ownership, ownership structure

Abstract

This study aims to determine the effect of the effect of ownership structure on company dividend policies listed on the Indonesia Stock Exchange. The population in this study are all manufacturing companies listed on the Indonesia Stock Exchange from 2014 to 2018 using secondary data. The sampling technique uses purposive sampling. The number of samples in this study were 285 samples (57 companies with 5 years of research). Data analysis method used is to use multiple linear regression analysis on SPSS 16 assistance. The results of the study indicate that the family ownership variable has no effect on dividend policy measured using the DPR and DIVTA. The foreign ownership variable has a positive and significant effect on dividend policy measured using the DPR and DIVTA. The institutional ownership variable does not affect dividend policy as measured by the DPR, but has a positive and significant effect on DIVTA.

Copyright

© 2020, 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  - Yusnita
AU  - Dina Patrisia
PY  - 2020
DA  - 2020/11/27
TI  - The Effect of Ownership Structure on the Dividend Policy of the Company Listed in Indonesia Stock Exchange
BT  - Proceedings of the 5th Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020)
PB  - Atlantis Press
SP  - 464
EP  - 474
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201126.052
DO  - 10.2991/aebmr.k.201126.052
ID  - 2020
ER  -