Determinants of Dividend Policy of Real Estate, Property, and Building Construction Companies Listed in IDX with Unbalanced Panel Data Approach

Autor: Powell Gian Hartono, Anita Roosmalina Matusin
Jazyk: English<br />Indonesian
Rok vydání: 2020
Předmět:
Zdroj: TIJAB (The International Journal of Applied Business), Vol 4, Iss 2, Pp 139-156 (2020)
Druh dokumentu: article
ISSN: 2599-0705
DOI: 10.20473/tijab.V4.I2.2020.139-156
Popis: This study involved companies engaging in real estate, property, and building construction companies listed in IDX for 2013 - 2019 period as the population. Unbalanced panel data regression was employed using the SPSS version 22 and E-Views version 10 to analyze the data and to test the hypotheses. The results showed that the previous year's dividend had a positive effect on dividend policy, while company size had a negative effect on dividend policy. This study proved that previous year's dividend and company size were key variables that determined companies’ dividend policy and they were major investment considerations for investors in order to obtain optimal returns.
Databáze: Directory of Open Access Journals