Jurnal Minds: Manajemen Ide dan Inspirasi
Vol 5 No 2 (2018): December

Board Diversity and Dividend Payout Ratio: Evidence from Family Firms in Indonesia

Rahmat Setiawan (Airlangga University)
Annisa Paramaswary Aslam (Universitas Airlangga Surabaya)

Article Info

Publish Date
23 Oct 2018

Abstract

This study investigates the impact of Board of Commissioners (BoC) diversity on dividend payments in the listed family firms in Indonesia. This study uses diversity for gender, nationality and tenure to describe the board of commissioners diversity. Using a data set of listed family firms in Indonesia Stock Exchange over the period 2012-2016, we find evidence indicating that board gender diversity is positively related to dividend payments. Secondly, we find evidence that board tenure diversity is positively related to dividend payments. However, the board nationality diversity does not remain significant on dividend payments.

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Journal Info
Jurnal Minds: Manajemen Ide dan Inspirasi
Website

Abbrev

minds

Publisher

Universitas Islam Negeri Alauddin Makassar

Subject

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

Description

Jurnal Minds: Manajemen Ide dan Inspirasi is a scientific and open-access journal (CC-BY clearance), published by the Management Department of the Faculty of Islamic Economics and Business, Universitas Islam Negeri Alauddin Makassar, Indonesia. It is a bi-annual publication, i.e., by June and ...