Determinants of Dividend Policy: A Case of Serbia’s Banking Sector

Jovković, Biljana; Vasić, Aleksandra S.; Bogićević, Jasmina

doi:10.2478/ngoe-2021-0002

Cited by 6 publications

(3 citation statements)

References 21 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Current ratio (CR) berpengaruh signifikan negatif terhadap kebijakan dividen. Sama dengan halnya pada penelitian Jovković et al (2021) sebelumnya bahwa liquidity berpengaruh negatif terhadap kebijakan dividen. H4 : Likuiditas secara parsial berpengaruh negatif terhadap Kebijakan dividen.…”

Section: Pengaruh Likuiditas Terhadap Kebijakan Dividenunclassified

Pengaruh Pengaruh Profitabilitas, Leverage dan Likuiditas Terhadap Kebijakan Dividen

Marcelin,

Gantino

2022

ekuitas

View full text Add to dashboard Cite

This study aims to obtain empirical evidence regarding the effect of Profitability, Leverage and Liquidity on Dividend Policy in Food And Beverage and Cigarette industrial companies listed on the Indonesia Stock Exchange for the period 2012 – 2020, the method used is purposive sampling method. The number of samples used in this study are 17 food and beverage sub-sector companies and 4 cigarette sub-sector companies listed on the Indonesia Stock Exchange for the period 2012 - 2020. This study uses a regression model in data analysis and uses a quantitative method. The results of hypothesis testing for food and beverage companies, partial leverage effect on dividend policy, while profitability and liquidity partially have no effect on dividend policy. As for cigarette companies, profitability partially affects dividend policy, while leverage and liquidity partially have no effect on dividend policy. Simultaneously the two sub-sectors have the same effect, namely Profitability, Leverage and Liquidity have a significant effect on Dividend Policy.

show abstract

Section: Pengaruh Likuiditas Terhadap Kebijakan Dividenunclassified

Pengaruh Pengaruh Profitabilitas, Leverage dan Likuiditas Terhadap Kebijakan Dividen

Marcelin,

Gantino

2022

ekuitas

View full text Add to dashboard Cite

show abstract

“…This indicate if the size of the bank will increase than the dividend payout of the bank was decreased. Growth of net revenue has the positive effect on dividend payout which states that when there is high growth will increase the dividend payout (Jovković, Vasić & Bogićević, 2021).…”

Section: Analysis Through Multiple Linear Regression Modelmentioning

confidence: 99%

Impact on Dividend Payout Analysis between Nepal Bank Limited, Rastriya Banijya Bank Limited and Agricultural Development Bank Limited

Aryal

2022

J. Kath. Bernhardt Coll.

View full text Add to dashboard Cite

This study entitles, “Factors Analysis on Dividend Payout of Nepal Bank Limited, Rastriya Banijya Bank Limited and Agricultural Development Bank Limited” focused on quantities paid are decided on the company's performance analysis of Nepal Bank Limited (NBL), Rastriya Banijya Bank Limited (RBB) and Agricultural Development Bank Limited (ADB) taking three sample banks. This study focused to find the effects of different factors and on its dividend payout taking secondary data from 2012/13 to 2021/22. The study’s finding indicate that larger corporations may afford to pay bigger dividends because of their greater financial strength. Also the profitability ratio, company size, and leverage ratio all have a negative correlation with the dividend payout ratio and as the bank's size grows, the dividend distribution will be reduced and increases in net income have a positive impact on dividend payments, meaning that higher payments will be made when growth is strong.

show abstract

“…Based on the view that a solid banking system is a precondition for a strong stock market, it is particularly important to analyse the factors affecting bank performance. Banks are the main pillar of a country's financial system, especially in the emerging market economies with underdeveloped capital markets (Jovković, Vasić & Bogićević, 2021). In the banking sector, the board of directors -as an internal mechanism of corporate governance -has a significant role, hence research into board effectiveness is very important for improving financial performance.…”

Section: Introductionmentioning

confidence: 99%

Board Structure and Bank Performance: The Mediating Role of Intellectual Capital

Nikolić

Nielsen

Peković

2022

Naše Gospodarstvo/Our Economy

View full text Add to dashboard Cite

Intellectual capital in the knowledge era is a strategic advantage of board structure, which leads to the improvement of a company’s work and the achievement of its goals. The aim of this study is to develop a structural model that connects the corporate governance, intellectual capital and financial performance of the banking sector. Corporate governance is conceptualised by the board of directors as the main internal mechanism of corporate governance, which is measured by the size of the board of directors, the number of independent board members and the female board members. Intellectual capital represents a mediator in this model and its efficiency is calculated through the Value Added Intellectual Coefficient (VAIC) model, while the financial performance of banks is measured through return on assets (ROA) and return on equity (ROE). The results of the study conducted in 22 Serbian banks between 2015 to 2019 show that the size of the board of directors and the number of independent board members have a statistically significant impact on intelectual capital (IC), but there is no impact on total assets (ROA). The number of women in the board of directors does not have a statistically significant effect on either ROA or ROE. The findings also indicate that intellectual capital (HCE, SCE, CEE) has a significant mediating role in the relationship between board structure and bank performance. The results of this study will provide a significant contribution to further investment in intellectual capital as the strongest link in achieving positive effects on bank performance.

show abstract

Determinants of Dividend Policy: A Case of Serbia’s Banking Sector

Cited by 6 publications

References 21 publications

Pengaruh Pengaruh Profitabilitas, Leverage dan Likuiditas Terhadap Kebijakan Dividen

Pengaruh Pengaruh Profitabilitas, Leverage dan Likuiditas Terhadap Kebijakan Dividen

Impact on Dividend Payout Analysis between Nepal Bank Limited, Rastriya Banijya Bank Limited and Agricultural Development Bank Limited

Board Structure and Bank Performance: The Mediating Role of Intellectual Capital

Contact Info

Product

Resources

About