{"id":"https://openalex.org/W3132993525","doi":"https://doi.org/10.61841/ckfcks93","title":"Determining Factors of Dividend Policy in Indonesia","display_name":"Determining Factors of Dividend Policy in Indonesia","publication_year":2020,"publication_date":"2020-01-01","ids":{"openalex":"https://openalex.org/W3132993525","doi":"https://doi.org/10.61841/ckfcks93","mag":"3132993525"},"language":"en","primary_location":{"id":"pmh:oai:psychosocial.com:article/560","doi":"https://doi.org/10.61841/ckfcks93","is_oa":true,"landing_page_url":"https://psychosocial.com/index.php/ijpr/article/view/560","pdf_url":"https://psychosocial.com/index.php/ijpr/article/download/560/518","source":{"id":"https://openalex.org/S4210211642","display_name":"International Journal of Psychosocial Rehabilitation","issn_l":"1475-7192","issn":["1475-7192"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["norway-1","poland-20"],"host_organization":"https://openalex.org/P4324004173","host_organization_name":"Hampstead Psychological Associates","host_organization_lineage":["https://openalex.org/P4324004173"],"host_organization_lineage_names":["Hampstead Psychological Associates"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"1475-7192","raw_type":"info:eu-repo/semantics/article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://psychosocial.com/index.php/ijpr/article/download/560/518","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5110516572","display_name":"Eka Bertuah","orcid":"https://orcid.org/0000-0002-3801-1579","observed_orcids":["https://orcid.org/0000-0002-3801-1579"]},"institutions":[{"id":"https://openalex.org/I4210096641","display_name":"Universitas Esa Unggul","ror":"https://ror.org/00cwwxh37","country_code":"ID","type":"education","lineage":["https://openalex.org/I4210096641"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Eka Bertuah","raw_affiliation_strings":["Universitas Esa Unggul"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universitas Esa Unggul","institution_ids":["https://openalex.org/I4210096641"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5070369353","display_name":"Dede Maskat Baherans","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210096641","display_name":"Universitas Esa Unggul","ror":"https://ror.org/00cwwxh37","country_code":"ID","type":"education","lineage":["https://openalex.org/I4210096641"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Dede Maskat Baherans","raw_affiliation_strings":["Universitas Esa Unggul"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universitas Esa Unggul","institution_ids":["https://openalex.org/I4210096641"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5008677005","display_name":"Sinta Aria Dewi Siskawati","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210096641","display_name":"Universitas Esa Unggul","ror":"https://ror.org/00cwwxh37","country_code":"ID","type":"education","lineage":["https://openalex.org/I4210096641"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Sinta Aria Dewi Siskawati","raw_affiliation_strings":["Universitas Esa Unggul"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universitas Esa Unggul","institution_ids":["https://openalex.org/I4210096641"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5026850026","display_name":"Eddy Winarso","orcid":"https://orcid.org/0009-0004-4779-7640","observed_orcids":["https://orcid.org/0009-0004-4779-7640"]},"institutions":[{"id":"https://openalex.org/I4210167078","display_name":"Universitas Widyatama","ror":"https://ror.org/05v27w196","country_code":"ID","type":"education","lineage":["https://openalex.org/I4210167078"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Eddy Winarso","raw_affiliation_strings":["Widyatama University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Widyatama University","institution_ids":["https://openalex.org/I4210167078"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.2387,"has_fulltext":true,"cited_by_count":1,"citation_normalized_percentile":{"value":0.56887083,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":93},"biblio":{"volume":"11","issue":"6","first_page":"1194","last_page":"1209"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9771000146865845,"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"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9771000146865845,"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"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.019200000911951065,"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/T13957","display_name":"Corporate Governance and Financial Management","score":0.0010999999940395355,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/dividend-policy","display_name":"dividend policy","score":0.9990000128746033},{"id":"https://openalex.org/keywords/financial-ratios","display_name":"financial ratios","score":0.843999981880188},{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":0.8769999742507935},{"id":"https://openalex.org/keywords/net-profit-margin","display_name":"net profit margin","score":0.9959999918937683},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":1.0},{"id":"https://openalex.org/keywords/current-ratio","display_name":"current ratio","score":1.0},{"id":"https://openalex.org/keywords/dividend-payout","display_name":"dividend payout","score":0.5289999842643738},{"id":"https://openalex.org/keywords/signaling-theory","display_name":"signaling theory","score":0.859000027179718},{"id":"https://openalex.org/keywords/life-cycle-theory","display_name":"life cycle theory","score":0.9819999933242798},{"id":"https://openalex.org/keywords/manufacturing-firms","display_name":"manufacturing companies","score":0.9829999804496765},{"id":"https://openalex.org/keywords/indonesia-stock-exchange","display_name":"Indonesia Stock Exchange","score":0.9940000176429749}],"concepts":[{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.7625457048416138},{"id":"https://openalex.org/C100363876","wikidata":"https://www.wikidata.org/wiki/Q690661","display_name":"Nonprobability sampling","level":3,"score":0.7260082364082336},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.6784886121749878},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5400086641311646},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.497348815202713},{"id":"https://openalex.org/C97931131","wikidata":"https://www.wikidata.org/wiki/Q5282087","display_name":"Discriminative model","level":2,"score":0.4913724958896637},{"id":"https://openalex.org/C69738355","wikidata":"https://www.wikidata.org/wiki/Q1228929","display_name":"Linear discriminant analysis","level":2,"score":0.48307517170906067},{"id":"https://openalex.org/C59399099","wikidata":"https://www.wikidata.org/wiki/Q5284040","display_name":"Dividend policy","level":3,"score":0.41721075773239136},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2980530261993408},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.24569743871688843},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.23725736141204834},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.12813535332679749},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.11502945423126221},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.06513023376464844},{"id":"https://openalex.org/C149923435","wikidata":"https://www.wikidata.org/wiki/Q37732","display_name":"Demography","level":1,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C2908647359","wikidata":"https://www.wikidata.org/wiki/Q2625603","display_name":"Population","level":2,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:psychosocial.com:article/560","doi":"https://doi.org/10.61841/ckfcks93","is_oa":true,"landing_page_url":"https://psychosocial.com/index.php/ijpr/article/view/560","pdf_url":"https://psychosocial.com/index.php/ijpr/article/download/560/518","source":{"id":"https://openalex.org/S4210211642","display_name":"International Journal of Psychosocial Rehabilitation","issn_l":"1475-7192","issn":["1475-7192"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["norway-1","poland-20"],"host_organization":"https://openalex.org/P4324004173","host_organization_name":"Hampstead Psychological Associates","host_organization_lineage":["https://openalex.org/P4324004173"],"host_organization_lineage_names":["Hampstead Psychological Associates"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"1475-7192","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:repository.widyatama.ac.id:123456789/12782","doi":null,"is_oa":false,"landing_page_url":"http://repository.widyatama.ac.id/xmlui/handle/123456789/12782","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"},{"id":"mag:3132993525","doi":null,"is_oa":false,"landing_page_url":"https://rigeo.org/submit-a-menuscript/index.php/submission/article/view/1816","pdf_url":null,"source":{"id":"https://openalex.org/S4306526016","display_name":"Review of International Geographical Education Online","issn_l":"2146-0353","issn":["2146-0353"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","poland-20"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Review of International Geographical Education Online","raw_type":null}],"best_oa_location":{"id":"pmh:oai:psychosocial.com:article/560","doi":"https://doi.org/10.61841/ckfcks93","is_oa":true,"landing_page_url":"https://psychosocial.com/index.php/ijpr/article/view/560","pdf_url":"https://psychosocial.com/index.php/ijpr/article/download/560/518","source":{"id":"https://openalex.org/S4210211642","display_name":"International Journal of Psychosocial Rehabilitation","issn_l":"1475-7192","issn":["1475-7192"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["norway-1","poland-20"],"host_organization":"https://openalex.org/P4324004173","host_organization_name":"Hampstead Psychological Associates","host_organization_lineage":["https://openalex.org/P4324004173"],"host_organization_lineage_names":["Hampstead Psychological Associates"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"1475-7192","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3132993525.pdf","grobid_xml":"https://content.openalex.org/works/W3132993525.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3134426279","https://openalex.org/W2179855959","https://openalex.org/W2907747694","https://openalex.org/W4311011742","https://openalex.org/W4389272353","https://openalex.org/W4255949784","https://openalex.org/W7220783151","https://openalex.org/W4390166136","https://openalex.org/W4200154475","https://openalex.org/W7219204340"],"abstract_inverted_index":{"The":[0,51,68,125,139],"purpose":[1],"of":[2,17,45,70],"this":[3,57,71],"study":[4,58,72,165],"was":[5,37],"to":[6,33,103,148,155],"find":[7],"out":[8,109],"financial":[9,129],"ratios":[10,99],"that":[11,74,87,92,144,168],"could":[12],"be":[13],"the":[14,25,30,43,60,64,122,131],"determinant":[15],"factors":[16],"dividend":[18],"policy":[19],"in":[20,39,56,171],"manufacturing":[21,169],"companies":[22,47,86,91,146,152,170],"listed":[23],"on":[24],"Indonesia":[26,172],"Stock":[27],"Exchange":[28],"during":[29],"period":[31],"2015":[32],"2017.":[34],"Purposive":[35],"sampling":[36,40],"used":[38,55],"techniques":[41],"with":[42,63,90],"acquisition":[44],"118":[46],"as":[48,110],"research":[49],"samples.":[50],"data":[52],"analysis":[53],"technique":[54],"is":[59,121,136,177],"discriminant":[61],"test":[62],"Mahalanobis":[65],"Stepwise":[66],"method.":[67],"results":[69,141],"indicate":[73],"ROA,":[75],"NPM,":[76,115],"Firm":[77,116],"Size,":[78],"and":[79,182],"Current":[80,119],"Ratio":[81,120],"can":[82],"distinguish":[83],"significantly":[84],"between":[85],"distribute":[88,95,149,156],"dividends":[89],"do":[93],"not":[94,154,162],"dividends.":[96,138],"Those":[97],"four":[98,128],"are":[100,161,173],"ranked":[101],"according":[102],"their":[104],"discriminative":[105],"power.":[106],"ROA":[107],"came":[108],"strongest":[111],"factor,":[112],"followed":[113],"by":[114,179],"Size.":[117],"While":[118],"weakest":[123],"factor.":[124],"higher":[126],"those":[127],"ratios,":[130],"more":[132,174],"likely":[133],"a":[134],"company":[135],"distributing":[137],"classification":[140],"also":[142],"show":[143],"41":[145],"tend":[147,153],"dividends,":[150,157],"55":[151],"22":[158],"other":[159],"tendencies":[160],"determined.":[163],"This":[164],"provides":[166],"evidence":[167],"following":[175],"what":[176],"hypothesized":[178],"signaling":[180],"theory":[181],"life":[183],"cycle":[184],"theory.":[185]},"counts_by_year":[{"year":2022,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2021-03-01T00:00:00"}