Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Journal of Business

Kontrol Keluarga dan Kemungkinan untuk Membayar Dividen: Pengaruh Volatilitas Arus Kas Kusumawati, Nunik Dwi
Journal of Business & Banking Vol 12 No 2 (2022): November 2022 - April 2023
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jbb.v12i2.3617

Abstract

This study aims to analyze the effect of family control on the likelihood of paying dividends with cash flow uncertainty as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange. This study analyzed the data by using Logistic Regression and the sample by a purposive sampling in the sampling method. The results show that family firms have a lower probability of paying dividends than non-family firms. However, cash flow uncertainty only acts as a predictor variable and does not moderate the effect of family control on the likelihood of paying dividends. The implication is that family companies have a lower probability of paying dividends compared to non-family companies, so investors need to consider the type of company in selecting investments in the company.