Corporate Dividend Policy in Indonesia: A Literature Review

Nur Aisyah Fitri, Khaira Amalia Fachrudin, Syahyunan Syahyunan

Abstract


This study reviews the literature on corporate dividend policy in Indonesia from 2019 to 2024, utilizing a systematic literature review approach. Fifteen published articles from the Proquest database were analyzed. The findings highlight that profitability, company size, and free cash flow are the most influential factors in determining dividend policy. Companies with substantial profits, significant size, and high free cash flow typically distribute dividends, serving as positive indicators to investors.


Keywords


Dividend Policy; Profitability; Company Size; Free Cash Flow; Corporate Finance; Indonesian Capital Market

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References


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DOI: https://doi.org/10.30596/miceb.v2i0.799

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