PENGARUH KEPEMILIKAN INSTITUSIONAL, UKURAN, FREE CASH FLOW, KEBIJAKAN DIVIDEN, DAN PROFITABILITAS TERHADAP KEBIJAKAN HUTANG PERUSAHAAN DI BURSA EFEK INDONESIA
Daftar Isi:
- The purpose of this study was to determine the effect of institutional ownership, size, free cash flow, dividend policy, and the profitability of debt policy listed in the Indonesian Stock Exchange with the time period of 2007-2011. The number of samples collected from the Indonesian Stock Exchange 491 companies. Researchers using purposive sampling technique sampling and earn 19 companies as the study sample. This study uses multiple regression analysis. The results of this study using the t test that institutional ownership is positive but not significant effect on debt policy, the size of the firm significant positive effect on debt policy, while free cash flow, dividends and profitability but significant negative effect on debt policy. Results of studies simultaneously using the F test, showed that of institutional ownership, size, free cash flow, dividends, and profitability as independent variables have a significant effect on profitability. Keywords : debt policy , institutional ownership , firm size , free cash flow , dividends , profitability .