Article Per Year (5 Year)
p-Index From 2019 - 2024
0.659
P-Index
This Author published in this journals
All Journal Jurnal Manajemen Teori dan Terapan AKRUAL: Jurnal Akuntansi International Journal of Education, Social Studies, And Management (IJESSM)
Sanju Kumar Singh
Faculty Of Economics And Business, Universitas Airlangga
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Other

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Jurnal Manajemen Teori dan Terapan

 1 
Stock Liquidity, Financial Report Quality, Wedge, and The Propensity to Pay Dividend Rahmat Setiawan; Nova Christiana; Sanju Kumar Singh
Jurnal Manajemen Teori dan Terapan | Journal of Theory and Applied Management Vol. 12 No. 3 (2019)
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jmtt.v12i3.14915

Abstract

This research examined the effect of stock liquidity on the propensity to pay dividend for 254 Indonesian public listed firms during the period of l 2011 and 2015. Stock liquidity implies transparency level and serves as market monitor for management performance in using the cash flow. Furthermore, this research examines the impact of stock liquidity on dividend payment in the presence of agency conflicts using agency proxies, wedge and government ownership. This paper employed multivariate probit regression. The baseline model has controlled for time in-variant and industry sectors. Robustness checks are employed to present consistent result for other stock liquidity measures. The results confirm the predicted dividend model outcome and prove the contradiction in dividend signaling theory.
Co-Authors Ballav Niroula Jitendra Prasad Upadhaya Komang Ayu Krisnadewi Nova Christiana RAHMAT SETIAWAN