Corporate Life Cycle, Profitability, Institutional Ownership and Dividend Policy in Companies Listed on the IDX for the 2017-2020 Period
Journal Title: International Journal of Multidisciplinary Research and Analysis - Year 2023, Vol 6, Issue 01
Abstract
This study to test the influence company Cycle life, profitability, ownership institutional to policy dividends on the company manufacturers listed on the IDX for the 2017-2020 period. Cycle life company classified based on growth sale with four stages cycle life company which are start-up, growth, maturity and decline. Cycle life company be measured with using retained earnings to total equity (RETE), profitability be measured with Return on Assets (ROA), Ownership institutional be measured with percentage ownership institution. The control variable of this study is age company, size company and asset growth. Dependent is Policy dividend be measured with use dividend payout ratio (DPR). Population of this study is companies listed on the Indonesia Stock Exchange except financial sector for the 2017-2020 period. Total population of 569 companies with 2850 data. The sampling technique using purposive sampling and obtained as many as 820 data that sharing dividend. Research results show that RETE has a significant negative effect to Policy dividends, Return on Assets (ROA) has a significant negative effect to Policy dividends, ownership institutional influential positive significant to dividend policy, Age effect positive significant to dividend policy, size has a significant negative effect to dividends policy and asset growth are not influence to dividend policy.
Authors and Affiliations
Shadrina Hazmi, Eno Casmi, Martinus Budiantara, Busthanul Arifin
Keywords
Related Articles
- EP ID EP712988
- DOI 10.47191/ijmra/v6-i1-12
- Views 44
- Downloads 0
The Effect of Sports Massage and Active Recovery on Fatigue Parameters among Karate Athletes
This study aimed to investigate the effects of sports massage and active recovery on fatigue parameters (HR, RPE, and TQR) in 32 Karate athletes. Using a two-group pre and post-test design, participants were allocated to...
Profitability, Liquidity, Firm Size, Dividend Payout Ratio and Moderating Effect of Leverage
The dividend payout ratio determines the investment decisions made by investors and determines the company's financial condition. Generally, investors prefer companies with high and relatively stable profit sharing as a...
Aesthetics of Psychological Analysis and the World of Creators
This article is devoted to the philosophical observations of the fine arts. The method of mental analysis in medicine, founded by Sigmund Freud, is widely analyzed in the imagination and creativity of the creators of the...
Analysis of Entrepreneur Characteristics in Project Activities to Strengthen the Profile of Pancasila Students
The purpose of this research is to describe the characteristics of entrepreneurs through the project of strengthening the profile of Pancasila students. The type of research is descriptive qualitative. The data source is...
Towards an Implicit Model of Curriculum-Embedded Ideological and Political Education for Foreign Language Majors in Chinese Universities: Taking Ecological Civilization Education as an Example
Taking “ecological civilization” education as an example, this paper explores an effective model of curriculum-embedded ideological and political education of foreign language majors in Chinese colleges and universities...