Open AccessFaktor Yang Mempengaruhi Kebijakan Deviden
Author(s) -
Radina Modjaningrat
Publication year - 2021
Publication title -
journal of financial and tax
Language(s) - English
Resource type - Journals
eISSN - 2776-3145
pISSN - 2776-3226
DOI - 10.52421/fintax.v1i1.132
Subject(s) - dividend policy , dividend , leverage (statistics) , profitability index , shareholder , market liquidity , principal–agent problem , politics , business , empirical research , monetary economics , financial economics , economics , accounting , corporate governance , finance , political science , law , philosophy , epistemology , machine learning , computer science
The purpose of this research is for dividend policy decision making there is a conflict between interested parties in accordance with the agency theory, namely between shareholders and management. Empirical studies have been conducted to examine factors that affect dividend policies conducted by companies but the results showed different results. In the opinion of the authors the most influential factors on dividend policy are profitability, leverage, liquidity, institutional ownership and political connections. Empirical studies on the influence of profitability, leverage, liquidity, institutional ownership and political connections are conducted simultaneously on dividend policies. This is done to prove that these factors if tested simultaneously, whether to influence the dividend policy moreover there is a political connection in it, especially research on the influence of political connections to dividend policy in Indonesia is still very rare