Dividend Payout Ratio (DPR) pada perusahaan makanan dan minuman mengalami fluktuasi selama 6 tahun terakhir, dalam hubungannya dengan pendapatan dividen, para investor umumnya menginginkan pembagian dividen yang relatif stabil, karena adanya stabilitas dapat meningkatkan kepercayaan terhadap sehingga mengurangi ketidakpastian menanamkan dananya di tersebut. Penelitian ini dilakukan untuk menget...

Blockholder ownership may increase firm value because of incentive alignment or lower it because of expropriation of minority investors. Dividend policy provides a way to distinguish between the two effects since large owners may prefer low dividends if they derive private benefits from controlling firms, while minority investors may prefer high dividends that benefit all shareholders. I examin...

This study aims to determine and analyze the effect of intellectual capital dividend policy on earnings quality pharmaceutical companies listed Indonesia stock exchange. Determination sample used in this is a purposive sampling technique totaling 5 (five) with seven years observation period data sourced from annual report through website www.idx.co.id. The analysis method research multiple line...

Article history: Received 21 September 2011 Received in revised form 28 December 2012 Accepted 7 January 2013 Available online 23 January 2013 This paper investigates how the state-controlling ownership and the ownership through corporate pyramid structures affect the dividend policies of publicly listed firms in China. We find that the state-controlled firms in China pay higher dividends (meas...