Open AccessGOOD CORPORATE GOVERNANCE, ANALYST COVERAGE, DAN TAHAPAN DAUR HIDUP TERHADAP KEBIJAKAN DIVIDEN
Author(s) -
Werner Ria Murhadi,
Liliana Inggrit Wijaya
Publication year - 2011
Publication title -
manajemen dan bisnis/manajemen dan bisnis
Language(s) - English
Resource type - Journals
eISSN - 2477-1783
pISSN - 1412-3789
DOI - 10.24123/jmb.v10i1.178
Subject(s) - profitability index , dividend policy , stock exchange , corporate governance , business , indonesian , accounting , sample (material) , dividend , finance , linguistics , philosophy , chemistry , chromatography
This research objective is to observe the influences of good corporate governance, analyst coverage, company life cycle, investment opportunities set, size, and profitability towards the dividend policy. This study employs the corporate data from Indonesian Stock Exchange during 2005-2008 and weighted least square methods. The latest sample is 279 years of observation. The result shows that only life cycle stage of the company and its profitability are influential towards the dividend policy. The findings show that the relationship between the good corporate governance is consistent with the hypothesis but not significant.