Struktur Kepemilikan Keluarga Terhadap Dividen Studi Perusahan di Indonesia

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Aning Fitriana
Shella Rizqi Amelia

Abstract

Studi penelitian ini bertujuan untuk menguji perusahaan yang dikendalikan keluarga yang di proksikan family ownership (kepemilkan keluarga),  family generation, dan struktur modal terhadap kebijakan dividen yang diukur dengan dividend payout ratio (DPR) pada seluruh perusahaan keluarga tercacat di  Bursa Efek Indonesia 2012-2018. Jumlah observasi  427 dengan menggunakan metode purposive sampling. Hasil regresi berganda menunjukkan bahwa family ownership berpengaruh negatif terhadap kebijakan dividen. Semakin tinggi  family ownership semakin rendah dividen yang dibagikan perusahaan. Generasi keluarga pada founder/pendiri berpengaruh positif terhadap kebijakan dividen, generasi penerusnya dan generasi mix tidak berpengaruh terhadap dividen policy. Hal ini menunjukkan bahwa perusahaan yang masih dikontrol oleh pendirinya akan mengeluarkan dividen yang tinggi dibandingkan dengan jika dikontrol oleh generasi penerusnya. Struktur modal tidak berpengaruh terhadap kebijakan dividen


Kata kunci: Kontrol Kepemilikan Keluarga, Generasi keluarga, Struktur Modal, Kebijakan dividen


 

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How to Cite
Fitriana, A., & Shella Rizqi Amelia. (2021). Struktur Kepemilikan Keluarga Terhadap Dividen Studi Perusahan di Indonesia. Jurnal E-Bis (Ekonomi-Bisnis), 5(1), 202-217. https://doi.org/10.37339/e-bis.v5i1.532

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