PENGARUH INSIDER OWNERSHIP, KEBIJAKAN HUTANG DAN FREE CASH FLOW TERHADAP NILAI PERUSAHAAN MELALUI KEBIJAKAN DIVIDEN
Abstract: The purpose of this study was to determine
the effect of insider ownership, debt policy and free cash flow are registered
in the manufacturing sector in the period 2006-2012. The population used in this study
are all publicly
traded companies listed
on the Indonesia Stock Exchange. This study used
purposive sampling method, with a population
of 141 companies
and a sample
of 8 companies.
This study uses path
analysis with SPSS
version 20.00. The
analysis technique used in
this study is
a classic assumption
test, t-test statistics for
testing the partial regression coefficients
and sobel test. The results showed that the debt
policy has a positive effect on firm value. Free
cash flow has
a negative effect
on firm value.
Insider ownership has a positive effect on dividend policy.Dividend
policy is influential in mediating
the relationship between
the debt policies
to the firm value.
Penulis: RIZKY BUDI MARDASARI
Kode Jurnal: jpmanajemendd141023
