Board Diversity and Dividend Payout Ratio: Evidence from Family Firms in Indonesia

Rahmat Setiawan and Annisa Paramaswary Aslam (2018) Board Diversity and Dividend Payout Ratio: Evidence from Family Firms in Indonesia. Jurnal Minds: Manajemen Ide dan Inspirasi, 5 (2). pp. 133-146. ISSN 2442-4951; eISSN : 2597-6990

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Official URL: http://journal.uin-alauddin.ac.id/index.php/minds/...

Abstract

This study investigates the impact of Board of Commissioners (BoC) diversity on dividend payments in the listed family firms in Indonesia. This study uses diversity for gender, nationality and tenure to describe the board of commissioners diversity. Using a data set of listed family firms in Indonesia Stock Exchange over the period 2012-2016, we find evidence indicating that board gender diversity is positively related to dividend payments. Secondly, we find evidence that board tenure diversity is positively related to dividend payments. However, the board nationality diversity does not remain significant on dividend payments.

Item Type: Article
Uncontrolled Keywords: Board Diversity, Dividend, Family Firms
Subjects: H Social Sciences
H Social Sciences > HG Finance
H Social Sciences > HG Finance > HG4501-6051 Investment, capital formation, speculation
H Social Sciences > HG Finance > HG4501-6051 Investment, capital formation, speculation > HG4551-4598 Stock exchanges
Divisions: 04. Fakultas Ekonomi dan Bisnis > Manajemen
Creators:
CreatorsNIM
Rahmat SetiawanNIDN0026017901
Annisa Paramaswary AslamNIM041614153014
Depositing User: Tn Sugeng Riyanto
Date Deposited: 15 Dec 2020 04:13
Last Modified: 19 Jul 2021 02:31
URI: http://repository.unair.ac.id/id/eprint/101581
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