Hasnawati, Sri and Hendrawaty, Ernie (2021) Do Independent Commissioners Control the Effect of Family-Owned Business Characteristics on Dividend Policy? A Study in Indonesian Manufacturing Companies. International Journal of Environmental, Sustainability, and Social Science, 2 (2). pp. 55-62. ISSN 2720-9644
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IJESSS DO INDEPENDENT COMMISSIONERS CONTROL THE FAMILY-OWNED BUSINESS CHARACTERISTICS EFFECTS ON DIVIDEND POLICY_.pdf Download (178kB) | Preview |
Abstract
This study aims to determine the role of independent Commissioners to control the effect of family-owned business characteristics on dividend policy. This study construct panel data that estimate using panel regression with a fixed-effect model. The model is estimated using financial data of 64 Indonesian manufacturing companies that were observed from the period 2016- 2018. The result showed that family-owned business characteristics have a positive effect on dividens. The Independent Commisioners were able to control the effect of family business characteristics on the dividend policy. The Independent Commissioners have a role in reducing the positive effect of family-owned businesses characteristics on dividends. Keywords: Independent Commissioners, Family-owned Business Characteristics. Dividend Policy.
| Item Type: | Article |
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| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Fakultas Ekonomi dan Bisnis (FEB) > Prodi Manajemen |
| Depositing User: | Dr Sri Hasnawati |
| Date Deposited: | 01 Aug 2021 13:38 |
| Last Modified: | 01 Aug 2021 13:38 |
| URI: | http://repository.lppm.unila.ac.id/id/eprint/33284 |
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