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Journal : edupreneurship

Analisis Faktor-Faktor yang Mempengaruhi Kebijakan Dividen pada Perusahaan Publik Sektor Perbankan Nugroho, Banu Adjie; Purwoko, Bambang; Supriyadi, Edy; Merawati, Endang Etty; Derriawan, Derriawan; Irfani, Agus S.
Edupreneurship: Jurnal Pendidikan Ekonomi Vol. 2 No. 1 (2026): JUNI
Publisher : CV. Rumoh Aceh Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/qqw4vb98

Abstract

This study aims to analyze dividend policy in the banking sector by examining the role of profitability, leverage, and company growth in determining dividend distribution decisions. The research employed a qualitative approach using a case study design to explore the meaning, considerations, and strategic processes underlying dividend policy in Indonesian banking companies. Data were collected through semi-structured interviews, observations, documentation, and triangulation involving banking managers, investors, financial analysts, and academics. The findings reveal that dividend policy is not merely a profit distribution mechanism but also a strategic instrument to maintain investor confidence, corporate reputation, and financial stability. Profitability, represented by Return on Assets (ROA), was perceived as the main indicator of a company’s ability to distribute dividends. Meanwhile, leverage, measured through Debt to Equity Ratio (DER), encouraged firms to adopt more cautious dividend policies to maintain financial resilience. Company growth also influenced dividend decisions, as expanding banks tended to retain earnings to support business development and digital transformation. This study contributes theoretically by providing a qualitative perspective on dividend policy and practically by offering insights for banking management, investors, and policymakers in understanding dividend decision-making dynamics in the banking industry.
Co-Authors Abas, Sofyan Adiguna, Patria Afifah, Laras Agus S. Irfani, Agus S. Agustin, Cahya Tri Ahmad Gamal Ahmad Nur Budi Utama Aji, Lexi Jalu Awwal, Muhammad Al Faridho Azzahra, Aulia Firly Bachtiar, Alfan Baihaqi, Ahmad Noval Cantika O, Azzahra Amanda Chatarina Umbul Wahyuni Dedy Kunhadi Derriawan Derriawan, Derriawan DEWI SARTIKA Dewi, Diah Dewi, Tiya Marliyana Edy Supriyadi Efendi, Nofriza Elisa, Verina Elisa Endah Sri Wahyuni Endang Etty Merawati, Endang Etty Febrinawati, Annisa Tito Firdausi, Irawan Gatot Wijayanto Gingga Prananda Handayawati, Setyorini Heni Pujiastuti Husein Umar I Gusti Ayu Sri Deviyanti Ikhsan, Maulida Nur Ilham, Rachmad Indra Kusuma Iqbal, Iqbal Ramadhan Jata, I Wayan Jayanto, Imam Judijanto, Loso Kharisma, Intan Khuan, Hendri Lestari, Nana Citrawati Lingga Yuliana Makhdum Asqar, Muhabbat Marnoto, Marnoto Merawati, Endang Ety Mislan Sihite, Mislan Moh. Ainul Fais Mubarok, Fa'iq Hanif Mubarok, Fa’iq Hanif Muhammad Aria Wahyudi Nadimah, Amellia Rahma Nugroho, Banu Adjie Nur Hakim, Bagus Panjaitan, Lincoln PRIHANTINI Prihartanti, Wiwik Putriawan, Nanda Lestari Rahmanto, Agus Ramadhan, Muhammad Fauzi Redjeki, Annie Martina Rowi, Armein Sjuhary santoso, Ekbal Sanusi, M. Dudi Abdullah Saputri, Maezaroh Afifah Saripudin, Risman Sri Hastutik Sri Widyastuti Stavinibelia Suharjana, I Dewa Ketut Sumantyo, Franciscus Dwikotjo Sri Sumerli A, Chevy Herli Syahril Effendi Syarifah, Laila tapaningsih, weni indah doktri agus Teddy Oswari Tresna, Indra Cahya Triyo Nova, Triyo umi barokah Umpusinga, Hasrun Afandi Uswatun Chasanah Utami, Eva Yuniarti W Sumarlin, Antonius W. Sumarlin , Antonius W. Sumarlin W. Sumarlin, Antonius Wahyunita Yulia Sari, Wahyunita Yulia Wardani, Anastasya Yuntia Eka Widari, Nyoman Sri Widawati, Fera Widyatama Sumarlin, Antonius WS, Antonius Yulianto, Kampono Imam Yuniar, Setyowati Eka Zulkifli Zulkifli Zulkifli