The effect of ownership structure on dividend policy of manufacturing companies
This study aims the impact of ownership structure on dividend on manufacturing companies listed on the Indonesia Stock Exchange and Malaysia Stock Exchange for the period 2015-2019. This study uses regression method as quantitative measurement level. The research used objects as many as 455 observat...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Department of Management, Faculty of Economics and Business, Universitas Surabaya
2022-09-01
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| Series: | Manajemen dan Bisnis |
| Subjects: | |
| Online Access: | https://www.journalmabis.org/mabis/article/view/561 |
| _version_ | 1797448594493538304 |
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| author | Cynthia Valentina Liliana Inggrit Wijaya Endang Ernawati |
| author_facet | Cynthia Valentina Liliana Inggrit Wijaya Endang Ernawati |
| author_sort | Cynthia Valentina |
| collection | DOAJ |
| description | This study aims the impact of ownership structure on dividend on manufacturing companies listed on the Indonesia Stock Exchange and Malaysia Stock Exchange for the period 2015-2019. This study uses regression method as quantitative measurement level. The research used objects as many as 455 observations on the Indonesia Stock Exchange and 500 observations on the Malaysia Stock Exchange. The independent variables used in this research are foreign ownership, family ownership, and institutional ownership. The results of the study using observations on the Indonesia Stock Exchange found that family ownership and institutional ownership have a significant positive effect, while foreign ownership has an insignificant negative effect on dividend payout ratio. The results of the study using observations on the Malaysia Stock Exchange found that institutional ownership has a significant positive effect, while the rest has an insignificant positive on dividend payout ratio. |
| first_indexed | 2024-03-09T14:12:48Z |
| format | Article |
| id | doaj.art-6c531a297bcb4624b483a5e168b800da |
| institution | Directory Open Access Journal |
| issn | 1412-3789 2477-1783 |
| language | English |
| last_indexed | 2024-03-09T14:12:48Z |
| publishDate | 2022-09-01 |
| publisher | Department of Management, Faculty of Economics and Business, Universitas Surabaya |
| record_format | Article |
| series | Manajemen dan Bisnis |
| spelling | doaj.art-6c531a297bcb4624b483a5e168b800da2023-11-29T05:49:26ZengDepartment of Management, Faculty of Economics and Business, Universitas SurabayaManajemen dan Bisnis1412-37892477-17832022-09-012129610210.24123/jmb.v21i2.561334The effect of ownership structure on dividend policy of manufacturing companiesCynthia Valentina0Liliana Inggrit Wijaya1Endang Ernawati2Fakultas Bisnis dan Ekonomika, Universitas Surabaya, Surabaya, IndonesiaFakultas Bisnis dan Ekonomika, Universitas Surabaya, Surabaya, IndonesiaFakultas Bisnis dan Ekonomika, Universitas Surabaya, Surabaya, IndonesiaThis study aims the impact of ownership structure on dividend on manufacturing companies listed on the Indonesia Stock Exchange and Malaysia Stock Exchange for the period 2015-2019. This study uses regression method as quantitative measurement level. The research used objects as many as 455 observations on the Indonesia Stock Exchange and 500 observations on the Malaysia Stock Exchange. The independent variables used in this research are foreign ownership, family ownership, and institutional ownership. The results of the study using observations on the Indonesia Stock Exchange found that family ownership and institutional ownership have a significant positive effect, while foreign ownership has an insignificant negative effect on dividend payout ratio. The results of the study using observations on the Malaysia Stock Exchange found that institutional ownership has a significant positive effect, while the rest has an insignificant positive on dividend payout ratio.https://www.journalmabis.org/mabis/article/view/561foreign ownership, family ownership, institutional ownership, dividend |
| spellingShingle | Cynthia Valentina Liliana Inggrit Wijaya Endang Ernawati The effect of ownership structure on dividend policy of manufacturing companies Manajemen dan Bisnis foreign ownership, family ownership, institutional ownership, dividend |
| title | The effect of ownership structure on dividend policy of manufacturing companies |
| title_full | The effect of ownership structure on dividend policy of manufacturing companies |
| title_fullStr | The effect of ownership structure on dividend policy of manufacturing companies |
| title_full_unstemmed | The effect of ownership structure on dividend policy of manufacturing companies |
| title_short | The effect of ownership structure on dividend policy of manufacturing companies |
| title_sort | effect of ownership structure on dividend policy of manufacturing companies |
| topic | foreign ownership, family ownership, institutional ownership, dividend |
| url | https://www.journalmabis.org/mabis/article/view/561 |
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