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The development of property and construction activities provides a multiplier effect on the economic development. This makes investors interested to invest their capital in the property as well as construction sectors and expecting returns that are not only capital gains but also dividends. In this study we will measure how ownership structure influences dividend decisions. The population of this research is all property and construction companies listed on the Indonesia Stock Exchange. Of the 55 listed companies only 12 companies met the research requirements to be sampled. The results of this study indicate a significant positive effect of institutional ownership on dividend payout, while measurement of managerial ownership does not affect dividend payout.
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In-Text Citation: (Kautsar, 2019)
To Cite this Article: Kautsar, A. (2019). The Impact of Ownership Structure on Dividend Payout Property and Construction Companies in Indonesia. International Journal of Academic Research in Economics and Management Sciences, 8(1), 66–74.
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