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)...

Full description

Bibliographic Details
Main Authors: Gina Aulia, Mohamad Fany Alfarisi
Format: Article
Language:English
Published: The Management Institute, Faculty of Economics, Universitas Andalas 2019-11-01
Series:AMAR (Andalas Management Review)
Subjects:
Online Access:http://amareview.fekon.unand.ac.id/index.php/amar/article/view/31
_version_ 1818059160329125888
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