Management Analysis Journal
Vol 10 No 2 (2021): Management Analysis Journal

Investment Opportunity Set and Dividend Policy: An Evidence in Indonesia Manufacturing Sector

Ifadah, Anna Zulfatul (Unknown)



Article Info

Publish Date
09 Sep 2021

Abstract

This study aims to examine whether the investment opportunity set affects the dividend policyof manufacturing companies in Indonesia. The study population is manufacturing companies listed on the IDX during the 2009-2018 period. The sampling technique was carried out using a purposive sampling method and obtained 140 samples. Data analysis in this study used descriptive analysis, the best panel data estimation model test, and linear regression analysis. The result of the model test show that the best panel data estimation model is the random effect. Hypothesis test result show that the investment opportunity set has a significant negtive effect on dividends for manufacturing companies.

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Journal Info

Abbrev

maj

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Management Analysis Journal (MAJ) is an open-access electronic journal focusing on scientific work on the field of business. This journal applies the theory developed from business research and connects it to actual business situations. The articles within this journal are published quarterly ...