DETERMINAN KEBIJAKAN PEMBAYARAN DIVIDEN

Abstract

This research aims to analyze the influence of corporate governance, tax avoidance, and leverage on companies' dividend payout policies. In this study, corporate governance is measured by the scoring method; tax avoidance measured by the current ETR; leverage used by the debt to asset ratio is used, and the dividend payout ratio is used to measure dividend payments. Using all companies listed on the Indonesia Stock Exchange and have a dividend payment policy for 2014-2018, this research Eviews version 11 as data analytic. The results show that there are a significant negative influence of tax avoidance and leverage to dividend payout policy. Meanwhile, no significant influence was found between governance and dividend payout policy.