Open access
Sep 2026
Investment opportunities, free cash flow, and dividend payout among consistent dividend payers: Evidence from Indonesia's energy sector
The energy sector is a capital-intensive and cyclical industry in which firms face a persistent tension between funding expansion and maintaining dividend payments to preserve investor confidence, yet most prior evidence on the determinants of dividend policy has been drawn from property, real estate, banking, or gener...
Gabriella Merij R. Bubala, Herman Karamoy, Christian V. Datu
· The Contrarian : Finance, Ac... · 0 citations