FAKTOR-FAKTOR YANG MEMPENGARUHI DIVIDEND POLICY PADA PERUSAHAAN INDUSTRI KEUANGAN

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Veronica Agatha Lionawan
Widyasari Widyasari

Abstract

This research of this study is to obtain empirical evidence regarding the effect of institutional
ownership, managerial ownership, foreign ownership, and profitability on dividend policy.
This study used 11 data samples of financial industry companies listed on the Indonesia Stock
Exchange from the period of 2017-2020. This study uses Eviews 12 software as data
processing. The research methodology used is statistical analysis method. Multiple linear
regression analysis is used to test the hypothesis. Purposive sampling is used as a sampling
technique in this study according to predetermined criteria. The results of this study indicate
that institutional ownership, managerial ownership, foreign ownership, and profitability had
no effect on dividend policy. The implication of this research is the need to improve
companies in determining strategies, conducting optimal supervision, have a good company
performance, and generate profits effectively to improve dividend policy.

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