Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal Jurnal Ekonomi Syariah Teori dan Terapan
Laila Widya Hidayati
Unknown Affiliation
Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Determinants of Dividend Policy: Evidence from Indonesia's Islamic Capital Market Laila Widya Hidayati; Sylva Alif Rusmita
Jurnal Ekonomi Syariah Teori dan Terapan Vol. 11 No. 4 (2024): November-2024
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/vol11iss20244pp394-407

Abstract

This study aims to determine the factors that can influence a company's decision in dividend policy for companies in the Jakarta Islamic Index 70 (JII70) during the 2018-2022 period. This research uses a quantitative method with Binary Logistic Regression analysis technique, assisted by the SPSS 21 program. The results show that the profitability variable has a significantly positive effect on the dividend policy decision. Dividend policy is also influenced by institutional ownership structure and company liquidity, which have a significantly negative effect on the company's decision to distribute dividends. However, investment opportunity and inflation do not affect the decision on dividend distribution policy. Thus, it can be said that the main determinant for companies in making decisions for dividend distribution policy to shareholders is influenced by the level of profitability, where the higher the profitability level, the higher the company's capability to distribute dividends. This research can serve as a consideration for investors in making investments with a certain return orientation, namely dividends.
Co-Authors Rusmita, Sylva Alif