scholarly journals Ownership Concentration, Corporate Liquidity, and Dividend Payment Policy: Evidence from Indonesian Financial Industries

2021 ◽  
Vol 21 (3) ◽  
pp. 1310-1321
Author(s):  
Antonius Siahaan ◽  
Yosman Bustaman ◽  
Indah Larisa Sari
Keyword(s):  
Least Square Method ◽  
Least Square ◽  
Ownership Concentration ◽  
Panel Regression ◽  
Dividend Payment ◽  
Payment Policy ◽  
Corporate Liquidity ◽  
Corporate Profit ◽  
Corporate Size ◽  
Retained Earnings

The main objective of this research is to analyze the effect of ownership concentration and corporate liquidity on dividend payment policy in the Indonesian financial industry. Dividend payment is measured using dividend pay-out ratio on measuring dividend payment. Corporate ownership concentration is measured using the number of shares held by legal individual investors and large block shareholders. Ownership concentration is divided into three categories, which are inside shareholders, stable shareholders, and market shareholders. Corporate liquidity is measured by corporate profit, defined by retained earnings/total assets and retained earnings/total equity, corporate leverage (total liabilities/total assets), and corporate size (log normal total assets). We apply data panel regression and the robust least square method. Based on the robust least square method of testing data panel regression, we find there is a relationship between insider shareholder, market shareholder, and dividend payment policy. In contrast, there is no relationship between stable shareholder and dividend payment policy. We also found a relationship between corporate profit, which variable is retained earnings/total assets, corporate leverage, and corporate size, and dividend payment policy. These results lead to the conclusion that dividend payments increase when ownership by inside shareholders decreases, and that when ownership by market shareholders increase corporate profit will also increase, and corporate leverageand corporate size decreases.

scholarly journals Impulse of Dividend Payment Decision: Evidence from Pharmaceutical Industry in Bangladesh

2017 ◽  
Vol 9 (1) ◽  
pp. 219
Author(s):  
Ariful Hoque
Keyword(s):  
Stock Exchange ◽  
Secondary Data ◽  
Least Square Method ◽  
Agency Cost ◽  
Least Square ◽  
Pharmaceutical Companies ◽  
Financial Leverage ◽  
Dividend Payment ◽  
Explanatory Variables ◽  
Prime Objective

The dividend is the reward of shareholders of an organization in exchange for time and risk. For maximizing shareholder’s wealth, optimum dividend payout ratio is essential. The prime objective of this paper is to identify impulse of dividend payment decision of listed pharmaceutical companies in Dhaka Stock Exchange of Bangladesh. Dividend payment decision is the dependent variable and profitability, firm’s size, financial leverage, growth, and agency costs are taken as explanatory variables in this study. Collected secondary data are analyzed by econometrics software Eviews 8 through least square method. Formulated multiple regression models show value of R-square (R2) is 0.604817. R-square (R2) value indicates explanatory variables explain 60.48% variation of the dependent variable. The study also reveals that profitability and agency cost positively influence the dividend payment decision and firm’s size, financial leverage, growth negatively impact on the dividend payment decision of selected pharmaceutical companies. Among explanatory variables, profitability is not statistically significant at 5% significant level whereas firm’s size, financial leverage, growth and agency cost are found statistically significant at 5% significant level. So this paper finds that listed pharmaceutical companies in Dhaka Stock Exchange must consider firm’s size, financial leverage, growth and agency cost in their dividend payment decision.

Direct Assessment of Effective Renal Plasma Flow from Renoscintigraphy with a Gamma Camera and an On-Line Computer

1981 ◽  
Vol 20 (06) ◽  
pp. 274-278
Author(s):  
J. Liniecki ◽  
J. Bialobrzeski ◽  
Ewa Mlodkowska ◽  
M. J. Surma
Keyword(s):  
Count Rate ◽  
Renal Plasma Flow ◽  
Early Period ◽  
Least Square Method ◽  
Least Square ◽  
Uptake Coefficient ◽  
Positive Linear Correlation ◽  
On Line ◽  
Best Fit ◽  
Plasma Activity

A concept of a kidney uptake coefficient (UC) of 131I-o-hippurate was developed by analogy from the corresponding kidney clearance of blood plasma in the early period after injection of the hippurate. The UC for each kidney was defined as the count-rate over its ROI at a time shorter than the peak in the renoscintigraphic curve divided by the integral of the count-rate curve over the "blood"-ROI. A procedure for normalization of both curves against each other was also developed. The total kidney clearance of the hippurate was determined from the function of plasma activity concentration vs. time after a single injection; the determinations were made at 5, 10, 15, 20, 30, 45, 60, 75 and 90 min after intravenous administration of 131I-o-hippurate and the best-fit curve was obtained by means of the least-square method. When the UC was related to the absolute value of the clearance a positive linear correlation was found (r = 0.922, ρ > 0.99). Using this regression equation the clearance could be estimated in reverse from the uptake coefficient calculated solely on the basis of the renoscintigraphic curves without blood sampling. The errors of the estimate are compatible with the requirement of a fast appraisal of renal function for purposes of clinical diagknosis.

PENGARUH KNOWLEDGE MANAGEMENT, KOMPETENSI, MOTIVASI TERHADAP KINERJA KARYAWAN

2015 ◽  
Vol 5 (2) ◽  
pp. 1
Author(s):  
Miftahol Arifin
Keyword(s):  
Knowledge Management ◽  
Linear Regression ◽  
Significant Influence ◽  
Employee Performance ◽  
Least Square Method ◽  
Least Square ◽  
Analysis Tool ◽  
Ordinary Least Square ◽  
Competence Motivation ◽  
Performance Analyze

The purpose of this research is to analyze the influence of knowledge management on employee performance, analyze the effect of competence on employee performance, analyze the influence of motivation on employee performance). In this study, samples taken are structural employees PT.centris Kingdom Taxi Yogyakarta. The analysis tool in this study using multiple linear regression with Ordinary Least Square method (OLS). The conclusion of this study showed that the variables of knowledge management has a significant influence on employee performance, competence variables have an influence on employee performance, motivation variables have an influence on employee performance, The analysis showed that the variables of knowledge management, competence, motivation on employee performance.Keywords: knowledge management, competence, motivation, employee performance.

Peristaltic Carreau-Yasuda nanofluid flow and mixed heat transfer analysis in an asymmetric vertical and tapered wavy wall channel

2020 ◽  
Vol 1 (1) ◽  
pp. 128-140 ◽  
Author(s):  
Mohammad Hatami ◽  
◽  
D Jing ◽  
Keyword(s):  
Heat Transfer ◽  
Least Square Method ◽  
Weissenberg Number ◽  
Least Square ◽  
Heat Transfer Analysis ◽  
Phase Method ◽  
Nanofluid Flow ◽  
Two Phase ◽  
Nanoparticles Concentration ◽  
The Right

In this study, two-phase asymmetric peristaltic Carreau-Yasuda nanofluid flow in a vertical and tapered wavy channel is demonstrated and the mixed heat transfer analysis is considered for it. For the modeling, two-phase method is considered to be able to study the nanoparticles concentration as a separate phase. Also it is assumed that peristaltic waves travel along X-axis at a constant speed, c. Furthermore, constant temperatures and constant nanoparticle concentrations are considered for both, left and right walls. This study aims at an analytical solution of the problem by means of least square method (LSM) using the Maple 15.0 mathematical software. Numerical outcomes will be compared. Finally, the effects of most important parameters (Weissenberg number, Prandtl number, Brownian motion parameter, thermophoresis parameter, local temperature and nanoparticle Grashof numbers) on the velocities, temperature and nanoparticles concentration functions are presented. As an important outcome, on the left side of the channel, increasing the Grashof numbers leads to a reduction in velocity profiles, while on the right side, it is the other way around.

Fast noise removal algorithm for HDR image based on least square method

2009 ◽  
Vol 29 (4) ◽  
pp. 994-996
Author(s):  
De-quan SUN ◽  
Jun ZHANG ◽  
Xiao-feng LI ◽  
Hui LI
Keyword(s):  
Least Square Method ◽  
Noise Removal ◽  
Least Square ◽  
Hdr Image

Model-based control of the substrate concentration in an aeration basin using the wastewater level

1998 ◽  
Vol 37 (12) ◽  
pp. 335-342 ◽  
Author(s):  
Jacek Czeczot
Keyword(s):  
Substrate Concentration ◽  
Consumption Rate ◽  
Least Square Method ◽  
Estimation Procedure ◽  
Adaptive Controller ◽  
Open Loop ◽  
Least Square ◽  
Substrate Consumption ◽  
Model Based ◽  
Effluent Flow Rate

This paper deals with the minimal-cost control of the modified activated sludge process with varying level of wastewater in the aerator tank. The model-based adaptive controller of the effluent substrate concentration, basing on the substrate consumption rate and manipulating the effluent flow rate outcoming from the aerator tank, is proposed and its performance is compared with conventional PI controller and open loop behavior. Since the substrate consumption rate is not measurable on-line, the estimation procedure on the basis of the least-square method is suggested. Finally, it is proved that cooperation of the DO concentration controller with the adaptive controller of the effluent substrate concentration allows the process to be operated at minimum costs (low consumption of aeration energy).

scholarly journals Performance evaluation of GPS / BDS combined single-point positioning based on RTKLIB

2020 ◽  
Vol 165 ◽  
pp. 03009
Author(s):  
Li Yan-yi ◽  
Huang Jin ◽  
Tang Ming-xiu
Keyword(s):  
Kalman Filter ◽  
Extended Kalman Filter ◽  
Single Point ◽  
Least Square Method ◽  
Least Square ◽  
Filter Method ◽  
Single System ◽  
Positioning Error ◽  
Dual Mode ◽  
Kalman Filter Method

In order to evaluate the performance of GPS / BDS, RTKLIB, an open-source software of GNSS, is used in this paper. In this paper, the least square method, the weighted least square method and the extended Kalman filter method are respectively applied to BDS / GPS single system for data solution. Then, the BDS system and GPS system are used for fusion positioning and the positioning results of the two systems are compared with that of the single system. Through the comparison of experiments, on the premise of using the extended Kalman filter method for positioning, when the GPS signal is not good, BDS data is introduced for dual-mode positioning, the positioning error in e direction is reduced by 36.97%, the positioning error in U direction is reduced by 22.95%, and the spatial positioning error is reduced by 16.01%, which further reflects the advantages of dual-mode positioning in improving a system robustness and reducing the error.

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