Literature Review: Dividend Policy, Agency Theory and Corporate Governance

Tri Handayani; Hesti Widianti; Dwi Retna Sulistyawati; Rita Andini

doi:10.2991/978-2-494069-09-1_16

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Literature Review: Dividend Policy, Agency Theory and Corporate Governance

Authors

Tri Handayani¹^{, 2}^{, *}, Hesti Widianti¹^{, 3}, Dwi Retna Sulistyawati¹^{, 4}, Rita Andini¹

¹PDIM UNISSULA, Semarang, Indonesia

²ITB ADIAS, Pemalang, Indonesia

³Politeknik Harapan Bersama, Tegal, Indonesia

⁴Universitas Islam Nahdlatul Ulama, Jepara, Indonesia

^*Corresponding author. Email: thandayani@std.unissula.ac.id

Corresponding Author

Tri Handayani

Available Online 11 November 2022.

DOI: 10.2991/978-2-494069-09-1_16 How to use a DOI?
Keywords: Dividend policy; Agency theory; Corporate governance
Abstract: This article surveys three theories, about the share of company profit or profits that are distributed to shareholders, agency theory, and governance of a company also includes the relationship between the stakeholders involved and the objectives of the company’s management. Dividend policy is still an important issue that leads to agency conflicts. The payment of dividends is a form of agency conflict among the majority and the minority shareholders. In the meantime, the corporate governance mechanism can be a supervisory mechanism that will reduce agency conflicts. The results of this review explain that the yield model and replacement model need to be redeveloped with dividend policy, corporate governance characteristics and legal protection of investors with the result that varied and strong empirical evidence can be obtained.
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 the Tegal International Conference on Applied Social Science & Humanities (TICASSH 2022)
Series: Advances in Social Science, Education and Humanities Research
Publication Date: 11 November 2022
ISBN: 978-2-494069-09-1
ISSN: 2352-5398
DOI: 10.2991/978-2-494069-09-1_16 How to use a DOI?
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

ris enw bib

TY  - CONF
AU  - Tri Handayani
AU  - Hesti Widianti
AU  - Dwi Retna Sulistyawati
AU  - Rita Andini
PY  - 2022
DA  - 2022/11/11
TI  - Literature Review: Dividend Policy, Agency Theory and Corporate Governance
BT  - Proceedings of the Tegal International Conference on Applied Social Science & Humanities (TICASSH 2022)
PB  - Atlantis Press
SP  - 117
EP  - 123
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-09-1_16
DO  - 10.2991/978-2-494069-09-1_16
ID  - Handayani2022
ER  -

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