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Malavia Mardani, R., ., M., ., S., & Khusniyah Indrawati, N. (2018). Ownership Structure, Corporate Governance and Dividend Policy: Evidence from Indonesia. KnE Social Sciences, 3(10). https://doi.org/10.18502/kss.v3i10.3466

https://doi.org/10.18502/kss.v3i10.3466

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authors

  • R Malavia Mardani
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  • Moeljadi .
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  • Sumiati .
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  • N Khusniyah Indrawati
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Published Date

  • Nov 12, 2018

Ownership Structure, Corporate Governance and Dividend Policy: Evidence from Indonesia

KnE Social Sciences / The 2018 International Conference of Organizational Innovation (ICOI-2018) /

Abstract

The purpose of this study is to examine the relationship between ownership structure, corporate governance, and dividend policy. The sample in this study is a financial company listed on the Indonesia Stock Exchange in the period 2014–2016. The results showed that managerial ownership is positively related to dividend policy. Institutional ownership is negatively related to dividend policy. Board size is negatively related to dividend policy, while independent board is positively related to dividend policy.


 


 


Keywords: managerial ownership, institutional ownership, board size, independent board

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