Abstract
This research examines the effects of a company's internal factors on its dividend policy. Our sample includes 69 companies that always made a dividend payment from 2007 to 2016. Our finding suggests that free cash flow, growth in total assets, and leverage, have a significant negative effect toward cash dividend paid; while profitability, firm size, last year cash dividend paid, and liquidity have a significant positive effect toward cash dividend paid. However, we indicate that earnings per share and cash flow per share do not have a significant influence on cash dividend paid.
| Original language | English |
|---|---|
| Title of host publication | Business and Management Issues in the Global and Digital Era |
| Subtitle of host publication | Indonesian Perspectives |
| Publisher | Nova Science Publishers, Inc. |
| Pages | 173-181 |
| Number of pages | 9 |
| ISBN (Electronic) | 9781536165302 |
| ISBN (Print) | 9781536162752 |
| Publication status | Published - 11 Nov 2019 |
Keywords
- Cash flow
- Dividend
- Earnings
- Leverage
- Liquidity