Proceedings of the 5th International Conference on Accounting, Management and Economics, ICAME 2020, 14-15 October 2020, Makassar, Indonesia

Research Article

Do Diversities on Board Affect to Dividend Payout Ratio in Indonesia?

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  • @INPROCEEDINGS{10.4108/eai.14-10-2020.2304265,
        author={Annisa Paramaswary Aslam},
        title={Do Diversities on Board Affect to Dividend Payout Ratio in Indonesia?},
        proceedings={Proceedings of the 5th International Conference on Accounting, Management and Economics, ICAME 2020, 14-15 October 2020, Makassar, Indonesia},
        publisher={EAI},
        proceedings_a={ICAME},
        year={2021},
        month={2},
        keywords={gender diversity board of commissioners dividend payout ratio state ownership},
        doi={10.4108/eai.14-10-2020.2304265}
    }
    
  • Annisa Paramaswary Aslam
    Year: 2021
    Do Diversities on Board Affect to Dividend Payout Ratio in Indonesia?
    ICAME
    EAI
    DOI: 10.4108/eai.14-10-2020.2304265
Annisa Paramaswary Aslam1,*
  • 1: Department of Management, State University of Makassar, Makassar, Indonesia
*Contact email: parawansaannisa@gmail.com

Abstract

This study purpose to explore gender diversity of listed manufacturing firms from 2014-2016 in Indonesia. Secondly, to know the effect of board gender diversity on the dividend payments. Last, to investigate the effect of the moderating variable of state ownership in board diversity on dividend payout ratio. OLS regression analysis is used in this study. It aims to explore the effect of board diversity to dividend payout ratio. This research shows that gender, nationality, and tenure diversity is positively related to dividend payments. In addition, this study founds that state ownership positively moderated gender and tenure diversity on dividend payments. However, state ownership is not significant when moderate the effect of nationality diversity on dividend payments.