AMAR (Andalas Management Review)
Vol 3 No 2 (2019)

Determinants of Dividend Policy of Listed Commercial Banks in Indonesia

Gina Aulia (Ministry of Social Affairs of the Republic of Indonesia, Jakarta, DKI Jakarta, Indonesia)
Mohamad Fany Alfarisi (Department of Management Faculty of Economics Universitas Andalas, Padang West Sumatra Indonesia)



Article Info

Publish Date
29 Nov 2019

Abstract

This study aims to identify the determinants of dividend payout policy of publicly listed banks in Indonesia. The data were collected from annual reports and databases related to the research sample. The present study employs the dynamic panel data model using the Generalized Methode of Moment (GMM) approach. The results without control variables suggest that lagged dividend payout, profitability, and firm size positively impact dividend payout. Meanwhile, using control variables, the present study finds only liquidity that significantly impacts the dividend payout.

Copyrights © 2019






Journal Info

Abbrev

amar

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

AMAR (Andalas Management Review), with registered number ISSN 2548-155X (Online) and ISSN 2476-9282 (Print), is a peer-reviewed journal published twice a year (May and November) by The Management Institute, Faculty of Economics, Universitas Andalas. AMAR is intended to be the journal for publishing ...