Analisis Pengaruh Kepemilikan Manajerial, Investment Opportunity Set, Free Cash Flow, dan Ukuran Perusahaan Terhadap Kebijakan Hutang pada Perusahaan Manufaktur yang Terdaftar pada Bursa Efek Indonesia (BEI)
| Main Author: | Mutiah, Wikky Nalaprayoga |
|---|---|
| Other Authors: | Mulyani, Sri |
| Format: | Student Papers |
| Bahasa: | ind |
| Subjects: | |
| Online Access: |
http://repository.usu.ac.id/handle/123456789/30897 |
Daftar Isi:
- This study aims to analyze how far the influence of managerial ownership, investment opportunity set, free cash flow, and firm size of debt policy on manufacturing companies listed on the Indonesia Stock Exchange (IDX). The sampling method used is purposive sampling method with a population of 152 manufacturing companies listed on the Indonesia Stock Exchange acquired 22 companies sampled in the period 2008-2010. The data used in this study is secondary data from company financial statements obtained from the official website of IDX www.idx.co.id. Research hypotheses tested with using multiple regression analysis. The variables studied are managerial ownership (MOWNSP), investment opportunity set (IOS), free cash flow (FCF), and firm size (SIZE). While the dependent variable is debt policy (DER). The results of this study indicate that simultaneously all of independent variables significantly influence to debt policy. Partially, only two variables that significantly influence to debt policy which is investment opportunity set and firm size, while the managerial ownership variabel and free cash flow had no significant effect to the debt policy of manufacturing companies listed on the Indonesia Stock Exchange (IDX).
- 070503229