Kontrol Keluarga dan Kemungkinan untuk Membayar Dividen: Pengaruh Volatilitas Arus Kas

This study aims to analyze the effect of family control on the likelihood of paying dividends with cash flow uncertainty as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange. This study analyzed the data by using Logistic Regression and the sample by a purposive...

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Main Author: Nunik Dwi Kusumawati
Format: Article
Language:English
Published: Research Center and Community Services 2023-04-01
Series:Journal of Business & Banking
Subjects:
Online Access:https://journal.perbanas.ac.id/index.php/jbb/article/view/3617
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author Nunik Dwi Kusumawati
author_facet Nunik Dwi Kusumawati
author_sort Nunik Dwi Kusumawati
collection DOAJ
description This study aims to analyze the effect of family control on the likelihood of paying dividends with cash flow uncertainty as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange. This study analyzed the data by using Logistic Regression and the sample by a purposive sampling in the sampling method. The results show that family firms have a lower probability of paying dividends than non-family firms. However, cash flow uncertainty only acts as a predictor variable and does not moderate the effect of family control on the likelihood of paying dividends. The implication is that family companies have a lower probability of paying dividends compared to non-family companies, so investors need to consider the type of company in selecting investments in the company.
format Article
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2303-3460
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publishDate 2023-04-01
publisher Research Center and Community Services
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series Journal of Business & Banking
spelling doaj-art-25a366d02df441e4a21b76d521e1ac122025-08-20T02:49:49ZengResearch Center and Community ServicesJournal of Business & Banking2088-78412303-34602023-04-0112217318410.14414/jbb.v12i2.3617Kontrol Keluarga dan Kemungkinan untuk Membayar Dividen: Pengaruh Volatilitas Arus KasNunik Dwi Kusumawati0Universitas Hayam Wuruk PerbanasThis study aims to analyze the effect of family control on the likelihood of paying dividends with cash flow uncertainty as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange. This study analyzed the data by using Logistic Regression and the sample by a purposive sampling in the sampling method. The results show that family firms have a lower probability of paying dividends than non-family firms. However, cash flow uncertainty only acts as a predictor variable and does not moderate the effect of family control on the likelihood of paying dividends. The implication is that family companies have a lower probability of paying dividends compared to non-family companies, so investors need to consider the type of company in selecting investments in the company.https://journal.perbanas.ac.id/index.php/jbb/article/view/3617family controllikelihood of paying dividendscash flow uncertainty
spellingShingle Nunik Dwi Kusumawati
Kontrol Keluarga dan Kemungkinan untuk Membayar Dividen: Pengaruh Volatilitas Arus Kas
Journal of Business & Banking
family control
likelihood of paying dividends
cash flow uncertainty
title Kontrol Keluarga dan Kemungkinan untuk Membayar Dividen: Pengaruh Volatilitas Arus Kas
title_full Kontrol Keluarga dan Kemungkinan untuk Membayar Dividen: Pengaruh Volatilitas Arus Kas
title_fullStr Kontrol Keluarga dan Kemungkinan untuk Membayar Dividen: Pengaruh Volatilitas Arus Kas
title_full_unstemmed Kontrol Keluarga dan Kemungkinan untuk Membayar Dividen: Pengaruh Volatilitas Arus Kas
title_short Kontrol Keluarga dan Kemungkinan untuk Membayar Dividen: Pengaruh Volatilitas Arus Kas
title_sort kontrol keluarga dan kemungkinan untuk membayar dividen pengaruh volatilitas arus kas
topic family control
likelihood of paying dividends
cash flow uncertainty
url https://journal.perbanas.ac.id/index.php/jbb/article/view/3617
work_keys_str_mv AT nunikdwikusumawati kontrolkeluargadankemungkinanuntukmembayardividenpengaruhvolatilitasaruskas