{"id":"https://openalex.org/W2801422701","doi":"https://doi.org/10.22146/gamaijb.25055","title":"Do We Need a Regulation on Dividends for Indonesia Stock Exchange?","display_name":"Do We Need a Regulation on Dividends for Indonesia Stock Exchange?","publication_year":2018,"publication_date":"2018-04-27","ids":{"openalex":"https://openalex.org/W2801422701","doi":"https://doi.org/10.22146/gamaijb.25055","mag":"2801422701"},"language":"en","primary_location":{"id":"doi:10.22146/gamaijb.25055","doi":"https://doi.org/10.22146/gamaijb.25055","is_oa":true,"landing_page_url":"https://doi.org/10.22146/gamaijb.25055","pdf_url":"https://jurnal.ugm.ac.id/gamaijb/article/download/25055/20962","source":{"id":"https://openalex.org/S2765057965","display_name":"Gadjah Mada International Journal of Business","issn_l":"1411-1128","issn":["1411-1128","2338-7238"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["abdc-c","doaj","norway-1","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310314959","host_organization_name":"Gadjah Mada University","host_organization_lineage":["https://openalex.org/P4310314959"],"host_organization_lineage_names":["Gadjah Mada University"],"type":"journal"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Gadjah Mada International Journal of Business","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://jurnal.ugm.ac.id/gamaijb/article/download/25055/20962","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5016465928","display_name":"Leo Indra Wardhana","orcid":"https://orcid.org/0000-0002-3022-4721","observed_orcids":["https://orcid.org/0000-0002-3022-4721"]},"institutions":[{"id":"https://openalex.org/I165230279","display_name":"Universitas Gadjah Mada","ror":"https://ror.org/03ke6d638","country_code":"ID","type":"education","lineage":["https://openalex.org/I165230279"]}],"countries":["ID"],"is_corresponding":true,"raw_author_name":"Leo Indra Wardhana","raw_affiliation_strings":["Socpus ID: 57193538982. Department of Economics and Business Vocational College, Universitas Gadjah Mada, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Socpus ID: 57193538982. Department of Economics and Business Vocational College, Universitas Gadjah Mada, Indonesia","institution_ids":["https://openalex.org/I165230279"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5036014749","display_name":"Eduardus Tandelilin","orcid":"https://orcid.org/0000-0001-9156-9283","observed_orcids":["https://orcid.org/0000-0001-9156-9283"]},"institutions":[{"id":"https://openalex.org/I165230279","display_name":"Universitas Gadjah Mada","ror":"https://ror.org/03ke6d638","country_code":"ID","type":"education","lineage":["https://openalex.org/I165230279"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Eduardus Tandelilin","raw_affiliation_strings":["Scopus ID: 55694730800; Faculty of Economics and Business Universitas Gadjah Mada, Indonesia","Faculty of Economics and Business Universitas Gadjah Mada, Indonesia","Scopus ID: 55694730800"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Scopus ID: 55694730800; Faculty of Economics and Business Universitas Gadjah Mada, Indonesia","institution_ids":["https://openalex.org/I165230279"]},{"raw_affiliation_string":"Faculty of Economics and Business Universitas Gadjah Mada, Indonesia","institution_ids":["https://openalex.org/I165230279"]},{"raw_affiliation_string":"Scopus ID: 55694730800","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5016465928"],"corresponding_institution_ids":["https://openalex.org/I165230279"],"apc_list":null,"apc_paid":null,"fwci":2.942,"has_fulltext":true,"cited_by_count":9,"citation_normalized_percentile":{"value":0.91488684,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"20","issue":"1","first_page":"33","last_page":"33"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/dividend-regulation","display_name":"dividend regulation","score":0.7210000157356262},{"id":"https://openalex.org/keywords/dividend-policy","display_name":"dividend policy","score":0.7639999985694885},{"id":"https://openalex.org/keywords/non-financial-firms","display_name":"non-financial firms","score":0.9520000219345093},{"id":"https://openalex.org/keywords/indonesia-stock-exchange","display_name":"Indonesia Stock Exchange","score":0.9070000052452087},{"id":"https://openalex.org/keywords/business-life-cycle","display_name":"firm life cycle","score":0.7490000128746033},{"id":"https://openalex.org/keywords/listed-companies","display_name":"listed companies","score":0.6650000214576721}],"concepts":[{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.8509547710418701},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.762744665145874},{"id":"https://openalex.org/C2779207338","wikidata":"https://www.wikidata.org/wiki/Q9240","display_name":"Indonesian","level":2,"score":0.5780248641967773},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.559392511844635},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.5492711663246155},{"id":"https://openalex.org/C59399099","wikidata":"https://www.wikidata.org/wiki/Q5284040","display_name":"Dividend policy","level":3,"score":0.5324317812919617},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5090488791465759},{"id":"https://openalex.org/C61570092","wikidata":"https://www.wikidata.org/wiki/Q15074930","display_name":"Life-cycle hypothesis","level":2,"score":0.4921366572380066},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.48883289098739624},{"id":"https://openalex.org/C125889939","wikidata":"https://www.wikidata.org/wiki/Q2294672","display_name":"Dividend payout ratio","level":4,"score":0.44016820192337036},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.42032307386398315},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3342706263065338},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2157575786113739},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.09583321213722229},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.22146/gamaijb.25055","doi":"https://doi.org/10.22146/gamaijb.25055","is_oa":true,"landing_page_url":"https://doi.org/10.22146/gamaijb.25055","pdf_url":"https://jurnal.ugm.ac.id/gamaijb/article/download/25055/20962","source":{"id":"https://openalex.org/S2765057965","display_name":"Gadjah Mada International Journal of Business","issn_l":"1411-1128","issn":["1411-1128","2338-7238"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["abdc-c","doaj","norway-1","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310314959","host_organization_name":"Gadjah Mada University","host_organization_lineage":["https://openalex.org/P4310314959"],"host_organization_lineage_names":["Gadjah Mada University"],"type":"journal"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Gadjah Mada International Journal of Business","raw_type":"journal-article"},{"id":"pmh:oai:journal.ugm.ac.id:article/25055","doi":null,"is_oa":true,"landing_page_url":"https://journal.ugm.ac.id/gamaijb/article/view/25055","pdf_url":"https://journal.ugm.ac.id/gamaijb/article/download/25055/20962","source":{"id":"https://openalex.org/S4306400707","display_name":"Indonesian Journal of Biotechnology (Universitas Gadjah Mada)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I165230279","host_organization_name":"Universitas Gadjah Mada","host_organization_lineage":["https://openalex.org/I165230279"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"1411-1128","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:doaj.org/article:9a22e326c7094e809d05ab8848498857","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/9a22e326c7094e809d05ab8848498857","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Gadjah Mada International Journal of Business, Vol 20, Iss 1, Pp 33-58 (2018)","raw_type":"article"},{"id":"pmh:oai:jurnal.ugm.ac.id:article/25055","doi":null,"is_oa":true,"landing_page_url":"http://jurnal.ugm.ac.id/gamaijb/article/view/25055","pdf_url":null,"source":{"id":"https://openalex.org/S4306400707","display_name":"Indonesian Journal of Biotechnology (Universitas Gadjah Mada)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I165230279","host_organization_name":"Universitas Gadjah Mada","host_organization_lineage":["https://openalex.org/I165230279"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Gadjah Mada International Journal of Business; Vol 20, No 1 (2018): January-April; 33-58","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"doi:10.22146/gamaijb.25055","doi":"https://doi.org/10.22146/gamaijb.25055","is_oa":true,"landing_page_url":"https://doi.org/10.22146/gamaijb.25055","pdf_url":"https://jurnal.ugm.ac.id/gamaijb/article/download/25055/20962","source":{"id":"https://openalex.org/S2765057965","display_name":"Gadjah Mada International Journal of Business","issn_l":"1411-1128","issn":["1411-1128","2338-7238"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["abdc-c","doaj","norway-1","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310314959","host_organization_name":"Gadjah Mada University","host_organization_lineage":["https://openalex.org/P4310314959"],"host_organization_lineage_names":["Gadjah Mada University"],"type":"journal"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Gadjah Mada International Journal of Business","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2801422701.pdf","grobid_xml":"https://content.openalex.org/works/W2801422701.grobid-xml"},"referenced_works_count":29,"referenced_works":["https://openalex.org/W121311289","https://openalex.org/W1970765651","https://openalex.org/W1977998821","https://openalex.org/W1993161130","https://openalex.org/W2002451868","https://openalex.org/W2003846256","https://openalex.org/W2005193841","https://openalex.org/W2017979058","https://openalex.org/W2041173543","https://openalex.org/W2076793568","https://openalex.org/W2091164404","https://openalex.org/W2105968437","https://openalex.org/W2117731271","https://openalex.org/W2605746945","https://openalex.org/W2891389313","https://openalex.org/W2988039629","https://openalex.org/W3121281610","https://openalex.org/W3121931267","https://openalex.org/W3121987416","https://openalex.org/W3122295706","https://openalex.org/W3123063342","https://openalex.org/W3124737349","https://openalex.org/W3124789870","https://openalex.org/W3125165354","https://openalex.org/W3126079429","https://openalex.org/W3141161538","https://openalex.org/W4239883852","https://openalex.org/W4252235742","https://openalex.org/W4300870405"],"related_works":["https://openalex.org/W394801","https://openalex.org/W2921631636","https://openalex.org/W2803710304","https://openalex.org/W3173749717","https://openalex.org/W3186367947","https://openalex.org/W2788832228","https://openalex.org/W4376506308","https://openalex.org/W3118720834","https://openalex.org/W4406848367","https://openalex.org/W2496833355"],"abstract_inverted_index":{"This":[0],"study":[1],"examines":[2],"the":[3,8,15,30,40,43,52,61,68,74],"dividend":[4,34,53,66],"life-cycle":[5,54],"hypothesis":[6],"and":[7],"propensity":[9],"of":[10,25,39],"non-financial":[11],"firms":[12,50],"listed":[13,49],"on":[14,64],"Indonesia":[16],"Stock":[17],"Exchange":[18],"(IDX)":[19],"to":[20,32,83,97],"pay":[21,84],"dividends,":[22],"in":[23],"light":[24],"a":[26,89],"recent":[27],"idea":[28],"by":[29],"IDX":[31],"regulate":[33],"payments.":[35],"Using":[36],"several":[37],"proxies":[38],"life":[41,76],"cycle,":[42],"results":[44,57],"consistently":[45],"show":[46],"that":[47,59],"Indonesian":[48],"follow":[51],"hypothesis.":[55],"Our":[56],"recommend":[58],"if":[60],"authority":[62],"insists":[63],"regulating":[65],"payments,":[67],"regulation":[69],"should":[70,79],"take":[71],"into":[72],"account":[73],"firms\u2019":[75],"cycles.":[77],"Firms":[78],"only":[80],"be":[81],"required":[82],"dividends":[85],"when":[86],"they":[87],"reach":[88],"certain":[90],"stage":[91,99],"and/or":[92],"meet":[93],"defined":[94],"characteristics,":[95],"according":[96],"their":[98],"or":[100],"characteristics.":[101]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":1},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2018-05-17T00:00:00"}