Proceedings of the 2nd International Conference on Contemporary Risk Studies, ICONIC-RS 2023, 21-22 September 2023, Bali, Indonesia

Research Article

The Effect of Good Corporate Governance on Dividend Policy of Property and Real Estate Companies Listed in Indonesian Stock Exchange 2017 – 2021

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  • @INPROCEEDINGS{10.4108/eai.21-9-2023.2346875,
        author={Aziz Suryo Nugroho and Elan Purwanto},
        title={The Effect of Good Corporate Governance on Dividend  Policy of Property and Real Estate Companies Listed  in Indonesian Stock Exchange 2017 -- 2021},
        proceedings={Proceedings of the 2nd International Conference on Contemporary Risk Studies, ICONIC-RS 2023, 21-22 September 2023, Bali, Indonesia},
        publisher={EAI},
        proceedings_a={ICONIC-RS},
        year={2024},
        month={6},
        keywords={divided policy institutional ownership public ownership independent board of commissioners},
        doi={10.4108/eai.21-9-2023.2346875}
    }
    
  • Aziz Suryo Nugroho
    Elan Purwanto
    Year: 2024
    The Effect of Good Corporate Governance on Dividend Policy of Property and Real Estate Companies Listed in Indonesian Stock Exchange 2017 – 2021
    ICONIC-RS
    EAI
    DOI: 10.4108/eai.21-9-2023.2346875
Aziz Suryo Nugroho1,*, Elan Purwanto1
  • 1: Universitas Pertamina
*Contact email: azizsuryonugroho@gmail.com

Abstract

The aim of this study is to investigate the impact of Good Corporate Governance, as proxied by Institutional Ownership, Public Ownership, and Independent Commissioners, on the Dividend Policy. The data used is secondary data, namely financial report analysis or financial statements of property and real estate companies listed on the Indonesia Stock Exchange with predetermined data time criteria, namely 20172021. Sample selection using purposive sampling technique with a population of 86 and the results were 7 companies as samples. Data processing using panel data regression analysis assisted by the STATA 17 program. The method used is quantitative method. The analytical techniques used in this study are descriptive statistical analysis and multiple linear regression analysis. The results of this study show that the variables of Institutional Ownership and Public Ownership have a positive and significant effect on dividend policy. Meanwhile, the Board of Commissioners variable does not have a significant effect on the Dividend Policy.