Ownership Structure and Dividend Choices in The Context of Islamic Banking: A Case Study of Indonesia

Abstract

Purpose: This research explores the factors influencing dividend policies based on ownership structure in Islamic Commercial Banks in Indonesia during the period of 2012-2022.

Methodology: The sample of this research consists of 16 Islamic Commercial Banks operating in Indonesia and uses secondary data which is analyzed using logistic regression.

Results: The results of this research indicate that government ownership has a positive effect on dividend policy. On the other hand, institutional ownership does not affect dividend payment decisions in Islamic Commercial Banks in Indonesia.

Applications/Originality/Value: The differences in this research are in the research object, research time, and variables used.