The effect of corporate social responsibility (CSR), board of directors meeting frequency and foreign ownership on dividend policy
Keywords:
Dividend Policy,Corporate Social Responsibility (CSR), Board Of Directos Meetings Frequency, Foreign Ownership
Abstract
This study aims to analyze the influence of corporate social responsibility (CSR), board of directos meeting frequency and foreign ownership on the dividend policy of LQ45 companies listed on the Indonesia Stock Exchange (BEI) for the 2014- 2018 period. The study is casual research. This research was conducted by using purposive sampling method with 21 samples. Data processing was performed using SPSS 25 with multiple linear regression analysis.The results of this study indicate that corporate social responsibility (CSR) has a significant positive effect on dividend policy. Board of directos meeting frequency has no significant effect on dividend policy and foreign ownership has no significant effect on dividend policy.
Downloads
Download data is not yet available.
References
Al-Najjar, B., & Kilincarslan, E. (2016). The effect of ownership structure on dividend policy: evidence from Turkey. Corporate Governance (Bingley). https://doi.org/10.1108/CG-09-2015-0129
Benlemlih, M. (2019). Corporate social responsibility and dividend policy. Research in International Business and Finance, 47, 114–138. https://doi.org/10.1016/j.ribaf.2018.07.005
Cheung, A. (Waikong), Hu, M., & Schwiebert, J. (2018). Corporate social responsibility and dividend policy. Accounting and Finance. https://doi.org/10.1111/acfi.12238
Heal, G. (2005). Corporate social responsibility: An economic and financial framework. Geneva Papers on Risk and Insurance: Issues and Practice. https://doi.org/10.1057/palgrave.gpp.2510037
Jama’an. (2008). Pengaruh Mekanisme Corporate Governance, dan Kualitas Kantor Akuntan Publik Terhadap Integritas Informasi Laporan Keuangan (Studi Kasus Perusahaan Publik yang Listing di BEJ). Jurnal Universitas Diponegoro.
Jeon, J. Q., Lee, C., & Moffett, C. M. (2011). Effects of foreign ownership on payout policy: Evidence from the Korean market. Journal of Financial Markets. https://doi.org/10.1016/j.finmar.2010.08.001
Rakotomavo, M. T. J. (2012). Corporate investment in social responsibility versus dividends? In Social Responsibility Journal. https://doi.org/10.1108/17471111211234833
Riyanto, B. (2011). Dasar-dasar Pembelanjaan Pembelanjaan Perusahaan. BPFE, Yogyakarta.
Riyanto. (2008). Dasar dasar pembelajaran perusahaan. In Dasar dasar pembelajaran perusahaan. https://doi.org/10.1128/MCB.4.6.1134
Setiawan, D., Bandi, B., Kee Phua, L., & Trinugroho, I. (2016). Ownership structure and dividend policy in Indonesia. Journal of Asia Business Studies. https://doi.org/10.1108/JABS-05-2015-005
Benlemlih, M. (2019). Corporate social responsibility and dividend policy. Research in International Business and Finance, 47, 114–138. https://doi.org/10.1016/j.ribaf.2018.07.005
Cheung, A. (Waikong), Hu, M., & Schwiebert, J. (2018). Corporate social responsibility and dividend policy. Accounting and Finance. https://doi.org/10.1111/acfi.12238
Heal, G. (2005). Corporate social responsibility: An economic and financial framework. Geneva Papers on Risk and Insurance: Issues and Practice. https://doi.org/10.1057/palgrave.gpp.2510037
Jama’an. (2008). Pengaruh Mekanisme Corporate Governance, dan Kualitas Kantor Akuntan Publik Terhadap Integritas Informasi Laporan Keuangan (Studi Kasus Perusahaan Publik yang Listing di BEJ). Jurnal Universitas Diponegoro.
Jeon, J. Q., Lee, C., & Moffett, C. M. (2011). Effects of foreign ownership on payout policy: Evidence from the Korean market. Journal of Financial Markets. https://doi.org/10.1016/j.finmar.2010.08.001
Rakotomavo, M. T. J. (2012). Corporate investment in social responsibility versus dividends? In Social Responsibility Journal. https://doi.org/10.1108/17471111211234833
Riyanto, B. (2011). Dasar-dasar Pembelanjaan Pembelanjaan Perusahaan. BPFE, Yogyakarta.
Riyanto. (2008). Dasar dasar pembelajaran perusahaan. In Dasar dasar pembelajaran perusahaan. https://doi.org/10.1128/MCB.4.6.1134
Setiawan, D., Bandi, B., Kee Phua, L., & Trinugroho, I. (2016). Ownership structure and dividend policy in Indonesia. Journal of Asia Business Studies. https://doi.org/10.1108/JABS-05-2015-005
Published
2021-07-12
Section
Articles
