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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 Abdul Multi Abubakari, Mussa Saidi Aditianto, Dian Agus S. Irfani, Agus S. Ahmad , Wakhit Ajiari TN, Turah Alfarisa, Fitri Amat Jaedun Ariman ariman, ariman Aryanto, Asih asrunputri, aisyah pia Bachtiar, Ade Baenur Fitry, Siti Bambang Purwoko Budiono, Tony Agus Chytra Mahanani D, Derriawan Dadang Suherman Dahlian Persadha, Pratama Darminto, Dwi Prastowo Dedi Setiawan Derriawan Derriawan Derriawan, Derriawan Derrriawan Dewi Triantini Dewi, Kusuma Djaddang, Syahril Dwi Ratnasari EDI SARWONO eko, kartiko Endang Etty Merawati, Endang Etty Etty M, Endang Etty Merawati, Endang Fachry Abda El Rahman Ferniyanti, Ningrum Firdani, Fanni Firdausi, Irawan Gabby Pinaria, Astried Habibi Karim, Awaludin Hakiki, Muhammad Hartati Hartati Ilyas, Iriandi Indra Kusuma Iriandi Ilyas Irvandi Jayanto Ramadhan, Anthony JMV Mulyadi Kusuma, Muhammad Hadi Bima Kusumawardani Saptono, Niken Kuswanti liana, sherry Lies Putriana Listiani, Sri Mahyar Makhdum Asqar, Muhabbat Muhammad Nurtanto Muhammad Yusuf Mustofa Abi Hamid Nugroho, Banu Adjie Nurhayati, Ati Nuzulia, Farida Papat Adhitama , Panji Permata Sari, Marisa Prastowo D, Dwi Putri, Karina Raihan Shodiq Ratna Dewi Rina Safitri Rusjianto, Lucki Ruspeind S Suratno Sanja Bernia, Ernis Setiawan, Arso Bagus Sigalingging, Riwan Sihite, Mombang Siti Umi Khayatun Mardiyah Sri Redjeki Steph Subanidja Sudewo Suratno Sylvia Syukrul Hamdi Tabroni Taufiq Hidayat Thomas Sukardi Tri Widyastuti Urip Wahyuningsih Widawati, Fera Widihastuti Wigiana, Lira Wirawan Wulaningrum, Tyas Yudi Setiawan YUSUF, TABRONI Zafrullah, Zafrullah