The effect of good corporate governance on dividend policy

被引：0

作者：

Gunawan, K. E. ^{[1
]}

Murhadi, W. R. ^{[1
]}

Herlambang, A. ^{[1
]}

机构：

[1] Univ Surabaya, Surabaya, Indonesia

来源：

PROCEEDINGS OF THE 16TH INTERNATIONAL SYMPOSIUM ON MANAGEMENT (INSYMA 2019) | 2019年 / 308卷

关键词：

good corporate governance; dividend payout policy; growth; free cash flow; AGENCY COSTS; DECISIONS; PAYOUT;

D O I：

暂无

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

This study aims to determine the effect of good corporate governance on dividend policy. The study used a sample of all non-financial companies listed on the Indonesia Stock Exchange. This research also used control variables of firm size, profitability, leverage, firm growth, and free cash flow. The results show that the variables of good corporate governance, firm growth and free cash flow had a positive significant effect on the dividend payout ratio. Meanwhile, the variable firm size, leverage, and profitability had a significant negative result on the dividend payout ratio.

引用

页码：57 / 61

页数：5

共 14 条

[1] Does corporate governance explain dividend policy in Sub-Saharan Africa? [J].