Financial Behavior Impact to Determine Dividend Policy at Indonesian Companies
- 10.2991/aebmr.k.200108.035How to use a DOI?
- Behavior Finance, Dividend’s Policy, Indonesian Company
This research aims to find evidence on the impact of financial behaviour in determining dividend policy. The method used in this research was the Qualitative Research Method using Explorative Survey. The Qualitative research method used Nvivo software version 10.0. The units of research are all companies listed at the Indonesian Stock Exchange who pays a dividend from 2010 to 2017. The results were in the form of findings that in setting company policies especially in determining dividend policy which is not only influenced by the company’s fundamental factors in the form of financial performance alone. Dividend policy is also influenced by the financial behavior of the company management, especially the attitude of the Chief Executive Officer (CEO) in the setting of the policies. The research finding shows that determinants of dividend policy consist of firm growth, profitability, and institutional ownership, while sales growth has no impact on the dividend.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Linna Ismawati PY - 2020 DA - 2020/01/13 TI - Financial Behavior Impact to Determine Dividend Policy at Indonesian Companies BT - Proceedings of the International Conference on Business, Economic, Social Science, and Humanities – Economics, Business and Management Track (ICOBEST-EBM 2019) PB - Atlantis Press SP - 148 EP - 150 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200108.035 DO - 10.2991/aebmr.k.200108.035 ID - Ismawati2020 ER -