The Effect of Ownership Structure and Cash Flow to the Non-financial Firms' Dividend Payout Ratio Listed in Idx

Regina Aria Putri • Rofikoh Rokhim
Journal article MIX: Jurnal Ilmiah Manajemen • 2016 Indonesia

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(English, 14 pages)

Abstract

. The aim of this study is to analyze the effect of ownership structure and cashflow to the non-financial firms' dividend payout ratio listed in Indonesian StockExchange (IDX). The samples of this study are 63 firms over the period 2009 – 2013.This study conducted in panel regression analysis using the random effect modelapproach. The result of regression found that largest shareholder and governmentownership give a positive effect to the payment of dividend. While institutionalownership and operating cash flow give a negative impact to the payment of dividend.

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MIX: Jurnal Ilmiah Manajemen

MIX: Jurnal Ilmiah Manajemen adalah jurnal ilmiah bidang studi manajemen organisasi, pemasaran, d... see more