PENGARUH KEPEMILIKAN MANAJERIAL, KEBIJAKAN DIVIDEN, STRUKTUR AKTIVA, PERTUMBUHAN PENJUALAN, DAN UKURAN PERUSAHAAN TERHADAP KEBIJAKAN UTANG

Abstract:  This  research  was  conducted  to  examine  the  effect  of managerial  ownership,  dividend  policy,  assets  tangibillity,  sales growth,  and  firm  size  on  company's  debt  policy.  The  objective  of research to know the influence of managerial ownership, dividend policy, assets tangibillity, sales growth, and firm size on company's debt  policy  that  go  public  on  manufacture  firms  on  Indonesian Stock  Exchange  (IDX),  from  2008  to  2010.  Samples  taken  in  this study  consisted  of  13  companies.  This  study  used  a  purposive sampling. The analysis used is multiple regression analysis to see the independent  variables influence the dependent variable either jointly  or  individually.  The  results  showed  that  dividend  policy negative effect on debt policy, assets tangibillity and sales growth positive effect on debt policy, while managerial ownership and firm size  does  not  affect  on  debt  policy.  Simultaneously,  all  the independent variables significantly influence the debt policy.
Keywords:  debt  policy,  manajerial    ownership,  dividend  policy, asset tangibillity, sales growth, and firm size
Penulis: M. SYAFIUDIN HIDAYAT
Kode Jurnal: jpmanajemendd130933

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