Dividend Policy Determinants in Construction and Building Companies: Indonesia Stock Exchange

Nazir, Zainal Abidin, Hanif, Khairil Anwar

2019

Abstract

The purpose of this study is to determine the dividend policy in the construction and building industry companies listed on the Indonesia Stock Exchange in the 2014-2017 period. This study uses secondary data in the form of financial statements in 2014-2017 accessed at www.idx.co.id. The sampling method uses a purposive sampling method and the numbers of samples selected are 8 construction and building companies listed on the Stock Exchange. The data were analysed with panel data. The results showed that the Cash Ratio (CR) had a negative and not significant effect on the dividend payout ratio. Financial leverage (debt to equity ratio) had a negative and not significant effect on the dividend payout ratio. The proportion of retained earnings has a negative and significant effect on the dividend payout ratio.

Paper Citation

in Harvard Style

Nazir., Abidin Z., Hanif. and Anwar K. (2019). Dividend Policy Determinants in Construction and Building Companies: Indonesia Stock Exchange. In Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - Volume 1: MIICEMA, ISBN 978-989-758-582-1, pages 904-910. DOI: 10.5220/0010609100002900

in Bibtex Style

@conference{miicema19,
author={Nazir and Zainal Abidin and Hanif and Khairil Anwar},
title={Dividend Policy Determinants in Construction and Building Companies: Indonesia Stock Exchange},
booktitle={Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - Volume 1: MIICEMA,},
year={2019},
pages={904-910},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010609100002900},
isbn={978-989-758-582-1},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting - Volume 1: MIICEMA,
TI - Dividend Policy Determinants in Construction and Building Companies: Indonesia Stock Exchange
SN - 978-989-758-582-1
AU - Nazir.
AU - Abidin Z.
AU - Hanif.
AU - Anwar K.
PY - 2019
SP - 904
EP - 910
DO - 10.5220/0010609100002900