PENGARUH KOMITE AUDIT, KEPEMILIKAN MANAJERIAL, DAN KEPEMILIKAN INSTITUSIONAL TERHADAP KEBIJAKAN DIVIDEN YANG DIMODERASI DENGAN KINERJA KEUANGAN PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) TAHUN 2020-2023

The problem in this study is related to the condition of dividend policy in
banking companies listed on the Indonesia Stock Exchange experiencing
fluctuations in the 2020-2023 period which indicates that there is an inability of the
company to pay dividends. This study aims to determine the effect of the Audit
Committee, Managerial Ownership, and Institutional Ownership on Dividend
Policy, and the effect of each independent variable on dividend policy moderated
by Financial Performance seen from Return on Equity (ROE).
The population in this study are all banking companies listed on the IDX for
the period 2020-2023. Of the 57 companies listed, 11 sample companies were
selected using the purposive sampling method. The data used in this study are
secondary data by downloading financial reports from the website www.idx.co.id.
This research model uses Moderated Regression Analysis with the SPSS 29 test tool.
The results of this study indicate that the audit committee has an effect on
dividend policy.Meanwhile, managerial ownership and institutional ownership
have no effect on dividend policy. Furthermore, financial performance is able to
moderate (strengthen) the effect of the audit committee on dividend policy, but the
audit committee is unable to moderate managerial ownership and institutional
ownership on dividend policy