Pengaruh Arus Kas Bebas, Collateralizable Assets, dan Kebijakan Utang terhadap Kebijakan Dividen pada Perusahaan yang Terdaftar di Jakarta Islamic Index

Muhammad Arfan • Trilas Maywindlan
Journal article Jurnal Telaah dan Riset Akuntansi • 2013 Indonesia

Unduh teks lengkap
(Bahasa Indonesia, 15 pages)

Abstrak

The aim of this study is to investigate the effect of free cash flow, collateralizable assets, and debt policy, both simultaneously and partially, to dividend policy on listed companies at Jakarta Islamic Index for the year 2007-2010. The study type used is verificative study or hypothesis testing study. By using census method and unbalanced panel data, there are 91 firm observations fulfilling the population criteria.The source of data is secondary data obtained from the capital market reference centre at the Indonesia Stock Exchange. The multiple regression analysis model is used to test the hypothesis.The results show that (1) free cash flow, collateralizable assets, and debt policy simultaneously have influence to dividend policy (2) free cash flow has positive influence to dividend policy (3) collateralizable assets has positive influence to dividend policy, and (4) debt policy has negative influence to dividend policy.

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Jurnal

Jurnal Telaah dan Riset Akuntansi

Jurnal Telaah dan Riset Akuntansi (JTRA) diterbitkan dua kali setahun pada bulan Januari dan Juli... tampilkan semua