Pengaruh Struktur Kepemilikan Terhadap Kebijakan Dividen Perusahaan Manufaktur Yang Terdaftar Di BEI

Haura Raihana Tsani Effendi; Ferina Ainul Latiefa; Henny Setyo Lestari

doi:10.24912/je.v26i3.795

Authors

Haura Raihana Tsani Effendi Faculty of Economic and Business, Trisakti University
Ferina Ainul Latiefa Faculty of Economic and Business, Trisakti University
Henny Setyo Lestari Faculty of Economic and Business, Trisakti University

DOI:

https://doi.org/10.24912/je.v26i3.795

Keywords: dividend yield, institusional ownership, foreign ownership, government ownership, profitability.

Abstract

The purpose of this research is to conclude the impact of ownership structure on dividend yield. The sample in this study are companies from the manufacturing sector listed on Indonesia Stock Exchange in 2016-2020. The sampling technique used in this study is purposive sampling and the analysis method is panel data regression. The independent variables in this study are institutional ownership, foreign ownership and government ownership, and the control variable is profitability, with the dividend yield as the dependent variable. The results show that foreign ownership and profitability have a positive effect on dividend yield, while institutional ownership and government ownership have no effect on dividend yield. This study is expected to give implications for company managers. by paying attention to the amount of profit earned so that shareholders get dividend yield, and also expected to be a source of information for potential investors to see the level of profit and dividend yield given by the company to shareholders.

Author Biographies

Haura Raihana Tsani Effendi, Faculty of Economic and Business, Trisakti University

hauraraihana17@gmail.com

Ferina Ainul Latiefa, Faculty of Economic and Business, Trisakti University

ferinanurbana@gmail.com

Henny Setyo Lestari, Faculty of Economic and Business, Trisakti University

henny_setyo_lestari@trisakti.ac.id

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