Sumaryata, Kornelia Dian Novianti (2019) THE EFFECT OF INDEPENDENT DIRECTORS ON DIVIDEND PAYOUT RATIO. S1 thesis, UAJY.
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Abstract
This research aims to analyze the effect of independent directors on
dividend payout ratio. Independent directors in this research measured by the
proportion of independent directors on the board of director. While the dividend
payout ratio measured by dividing dividend per share with earning per share.
The data used in this study is secondary data obtained from annual
reports of companies listed on the Indonesian Stock Exchange in 2014-2016.
Sample selection is done by using purposive sampling method. The obtained
samples in this research are 393 samples company. This research uses multiple
linear regression method to test the hypothesis.
The result of this research that obtained from the hypothesis testing
shows that independent directors (ID) have a negative effect on dividend payout
ratio (DPR). The determination coefficient is 21,2%, while the remaining 78,8%
explained by the other variables outside the model.
| Item Type: | Thesis (S1) |
|---|---|
| Uncontrolled Keywords: | Independent Directors (ID), Dividend Payout Ratio (DPR), Dividend Policy, Agency problem |
| Subjects: | Financial Accounting > Financial Accounting |
| Divisions: | Fakultas Ekonomi > Akuntansi Internasional |
| Depositing User: | Editor UAJY |
| Date Deposited: | 14 Jun 2019 05:05 |
| Last Modified: | 14 Jun 2019 05:05 |
| URI: | https://repository.uajy.ac.id/id/eprint/18971 |
