PENGARUH KEPEMILIKAN MANAJERIAL, KEPEMILIKAN INSTITUSIONAL DAN KEBIJAKAN DIVIDEN TERHADAP KEBIJAKAN HUTANG PERUSAHAAN (Studi Pada Perusahaan Sektor Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia Periode 2010-2013)
| Main Author: | B11111085, RIA SEPTIANA |
|---|---|
| Format: | Article info eJournal |
| Bahasa: | eng |
| Terbitan: |
Jurnal Manajemen Update
, 2015
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| Online Access: |
http://jurnal.untan.ac.id/index.php/ejmfe/article/view/11972 |
Daftar Isi:
- Abstract: Factors of Ownership and Dividen Policy could have an impact on DebtPolicy, depending on the severity of agency conflict. The purpose of this researchwas to find out the effect of managerial ownership, institutional ownership, anddividend policy on debt policy. Sample of 15 companies belongs to theconsumption goods industry listed on Indonesia Stock Exchange is selected usingthe purposive sampling tehnique. Data analysis uses multiple reggresion model.The result shows that (1) managerial ownership has a negative effect andsignificant on debt policy (2) institusional ownership has a positive effect but notsignificant on debt policy (3) dividend policy has a negative effect toward debtpolicy.Keywords : Manajerial Ownership, Institutional Ownership, Dividend Policy,and Debt Policy