BIAYA KEAGENAN DAN KEBIJAKAN DEVIDEN: IMPLIKASI AFILIASI GRUP BISNIS

Main Authors: Purdwiastuti, Maria Magdalena, Nofiyanti, Rina
Format: Article info application/pdf eJournal
Bahasa: eng
Terbitan: Universitas Gunadarma , 2013
Online Access: http://ejournal.gunadarma.ac.id/index.php/ugjournal/article/view/825
http://ejournal.gunadarma.ac.id/index.php/ugjournal/article/view/825/736
http://ejournal.gunadarma.ac.id/index.php/ugjournal/article/downloadSuppFile/825/8
Daftar Isi:
  • This paper investigates the agency theory of dividend policy in emerging marketsuch in Indonesia. The main innovation is achieved by introducing business groupaffiliation into the original cost minimisation model. Using pooled cross sectiontime series of 59 companies listed on the Indonesian Stock Exchange with 135observasions, the result shows that only financial leverage, growth, size, and thepercentage held by the institusional that statistically significant effect the dividendpayout ratio.