Hendrawaty, Ernie and Sri Hasnawati, Sri DO INDEPENDENT COMMISSIONERS CONTROL THE FAMILY-OWNED BUSINESS CHARACTERISTICS EFFECTS ON DIVIDEND POLICY? international journal of environmental, sustainability, and social science. ISSN 2721-0871
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#!2021 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.
Item Type: | Article |
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Subjects: | H Social Sciences > HG Finance |
Depositing User: | DR ERNIE HENDRAWATY |
Date Deposited: | 24 Oct 2022 03:48 |
Last Modified: | 24 Oct 2022 03:48 |
URI: | http://repository.lppm.unila.ac.id/id/eprint/45884 |
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