The Effect of Sustainable Performance on Dividend Payment With Income Attributable as Moderating Variable

Abstract

The reason for the importance of testing the moderating role of attributable income in the influence of sustainable finance on dividend payments is because attributable income to owners has an impact on the owner's ability to predict the investment returns received based on the number of shares owned. The data for this study comes from financial reports and ESG scores of companies listed on the IDX for the 2020-2023 period with 511 observation data. The data analysis technique is Moderation Regression Analysis. The results of the study show that attributable income can increase the positive influence of sustainable finance on dividend payments. Companies with good sustainable finance performance are better able to pay regular dividends to owners and the size of attributable income represents this ability. The implication of this study is as an addition to academic literature that attributable income can increase the positive influence of sustainable finance on dividend payments.