Proceedings of the International Conference on Business, Economic, Social Science, and Humanities – Economics, Business and Management Track (ICOBEST-EBM 2019)

Financial Behavior Impact to Determine Dividend Policy at Indonesian Companies

Authors
Linna Ismawati
Corresponding Author
Linna Ismawati
Available Online 13 January 2020.
DOI
10.2991/aebmr.k.200108.035How to use a DOI?
Keywords
Behavior Finance, Dividend’s Policy, Indonesian Company
Abstract

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.

Copyright
© 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/).

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Volume Title
Proceedings of the International Conference on Business, Economic, Social Science, and Humanities – Economics, Business and Management Track (ICOBEST-EBM 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
13 January 2020
ISBN
10.2991/aebmr.k.200108.035
ISSN
2352-5428
DOI
10.2991/aebmr.k.200108.035How to use a DOI?
Copyright
© 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  -