President Election and Dividen Policy in Indonesia

DOI

10.2991/aebmr.k.210220.016How to use a DOI?

Keywords

Dividend Policy, Political Uncertainty, Presidential Election, Information Asymmetry

Abstract

This paper discusses the impact of the presidential election in Indonesia on company dividend payment policies. The presidential election years 2009, 2014, and 2019 were taken to examine their effects on dividend policy. The data used is taken from the IDX (Indonesia Stock Exchange) with the period 2009-2019. The sample used was 23 registered companies. The sample selection method using purposive sampling technique. The data analysis method used is multiple linear regression and by using a dummy variable model. This study uses firm size, EPS and leverage as control variables. By using the three presidential elections in Indonesia, this study looks at dividend policies implemented by companies in the presidential election year with the year without a presidential election. The results prove that the presidential election in Indonesia affects dividend policy positively but not significantly.

Copyright

© 2021, 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/).

Download article (PDF)

TY  - CONF
AU  - Fitriana Hanif
AU  - Robert Andreago
AU  - Aldi Andalas
AU  - Pratiwi Azizah
AU  - Tri Prasetyo
PY  - 2021
DA  - 2021/02/22
TI  - President Election and Dividen Policy in Indonesia
BT  - Proceedings of the International Conference on Strategic Issues of Economics, Business and, Education (ICoSIEBE 2020)
PB  - Atlantis Press
SP  - 82
EP  - 88
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210220.016
DO  - 10.2991/aebmr.k.210220.016
ID  - Hanif2021
ER  -