Determinants of Dividend Policy of Listed Commercial Banks in Indonesia
This study aims to identify the determinants of dividend payout policy of publicly listed banks in Indonesia. The data were collected from annual reports and databases related to the research sample. The present study employs the dynamic panel data model using the Generalized Methode of Moment (GMM)...
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Format: | Article |
Language: | English |
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The Management Institute, Faculty of Economics, Universitas Andalas
2019-11-01
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Series: | AMAR (Andalas Management Review) |
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Online Access: | http://amareview.fekon.unand.ac.id/index.php/amar/article/view/31 |
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author | Gina Aulia Mohamad Fany Alfarisi |
author_facet | Gina Aulia Mohamad Fany Alfarisi |
author_sort | Gina Aulia |
collection | DOAJ |
description | This study aims to identify the determinants of dividend payout policy of publicly listed banks in Indonesia. The data were collected from annual reports and databases related to the research sample. The present study employs the dynamic panel data model using the Generalized Methode of Moment (GMM) approach. The results without control variables suggest that lagged dividend payout, profitability, and firm size positively impact dividend payout. Meanwhile, using control variables, the present study finds only liquidity that significantly impacts the dividend payout. |
first_indexed | 2024-12-10T13:12:06Z |
format | Article |
id | doaj.art-9576a91423814e83ade94238e3d06743 |
institution | Directory Open Access Journal |
issn | 2476-9282 2548-155X |
language | English |
last_indexed | 2024-12-10T13:12:06Z |
publishDate | 2019-11-01 |
publisher | The Management Institute, Faculty of Economics, Universitas Andalas |
record_format | Article |
series | AMAR (Andalas Management Review) |
spelling | doaj.art-9576a91423814e83ade94238e3d067432022-12-22T01:47:38ZengThe Management Institute, Faculty of Economics, Universitas AndalasAMAR (Andalas Management Review)2476-92822548-155X2019-11-013210.25077/amar.3.2.76-89.2019Determinants of Dividend Policy of Listed Commercial Banks in IndonesiaGina Aulia0Mohamad Fany Alfarisi1Ministry of Social Affairs of the Republic of Indonesia, Jakarta, DKI Jakarta, IndonesiaDepartment of Management Faculty of Economics Universitas Andalas, Padang West Sumatra IndonesiaThis study aims to identify the determinants of dividend payout policy of publicly listed banks in Indonesia. The data were collected from annual reports and databases related to the research sample. The present study employs the dynamic panel data model using the Generalized Methode of Moment (GMM) approach. The results without control variables suggest that lagged dividend payout, profitability, and firm size positively impact dividend payout. Meanwhile, using control variables, the present study finds only liquidity that significantly impacts the dividend payout.http://amareview.fekon.unand.ac.id/index.php/amar/article/view/31Dividend Payment PolicyGeneralized Method of MomentBank |
spellingShingle | Gina Aulia Mohamad Fany Alfarisi Determinants of Dividend Policy of Listed Commercial Banks in Indonesia AMAR (Andalas Management Review) Dividend Payment Policy Generalized Method of Moment Bank |
title | Determinants of Dividend Policy of Listed Commercial Banks in Indonesia |
title_full | Determinants of Dividend Policy of Listed Commercial Banks in Indonesia |
title_fullStr | Determinants of Dividend Policy of Listed Commercial Banks in Indonesia |
title_full_unstemmed | Determinants of Dividend Policy of Listed Commercial Banks in Indonesia |
title_short | Determinants of Dividend Policy of Listed Commercial Banks in Indonesia |
title_sort | determinants of dividend policy of listed commercial banks in indonesia |
topic | Dividend Payment Policy Generalized Method of Moment Bank |
url | http://amareview.fekon.unand.ac.id/index.php/amar/article/view/31 |
work_keys_str_mv | AT ginaaulia determinantsofdividendpolicyoflistedcommercialbanksinindonesia AT mohamadfanyalfarisi determinantsofdividendpolicyoflistedcommercialbanksinindonesia |