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Journal : Mount Hope Management International Journal

PENGARUH DEBT TO ASSET RATIO DAN KEPEMILIKAN INSTITUSIONAL PADA KEBIJAKAN DIVIDEN DENGAN FREE CASH FLOW SEBAGAI VARIABEL PEMODERASI PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2018-2022 Saidah, Alvi; Rambe, Rizki Fillhayati; Arief, Muhammad
Mount Hope Management International Journal Vol. 3 No. 1 (2025)
Publisher : Institut Teknologi dan Bisnis Kristen Bukit Pengharapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61696/momil.v3i1.717

Abstract

This study aims to determine the effect of Debt to Asset Ratio and Institutional Ownership on Dividend Payout Ratio moderated by Free Cash Flow in manufacturing companies listed on the Indonesia Stock Exchange in 2018-2022. The research method used is the associative method with a quantitative approach. The research sample consisted of 180 financial reports obtained from 36 companies. The results of the study indicate that Debt to Asset Ratio (DAR) has a negative and significant effect on Dividend Payout Ratio (DPR), Institutional Ownership (KI) does not affect Dividend Payout Ratio (DPR), Free Cash Flow (FEF) cannot moderate the effect of Debt to Asset Ratio (DAR) on Dividend Payout Ratio (DPR), and Free Cash Flow (FEF) cannot moderate the effect of Institutional Ownership on Dividend Payout Ratio (DPR) in Manufacturing companies listed on the IDX in 2018-2022.
Co-Authors A, Amran Adrianton Adrianton Agustina, Andriani Ahmad Baiquni Ahmad Sani Akhyar, Juni Amin, Sitti Jamilah Angga Pratama Arifin, Winarno Aswar Azhar, M. Karya Satya Baihaki, Muhamad Baskara Nugraha, I Gusti Bagus Cici Rianty K. Bidin Citra Resita Dian Pertiwi Dian Utami, Dian Diatmika, Anak Agung Ketut Diena Fadhilah, Diena Elferdy, Elferdy Evelyn, Patriciaa FRANSISKUS XAVERIUS YATNO KARYADI Gandung, Muhammad Gunawan, Made Hadisaputra, Aboerisal Hamdanah Hamdanah Hanif, Padlim Hardianti, Surya Putri Hasanuddin, Muhammad Iqbal Hendra Raza HENDRI PRASETYO Heni Pujiastuti Hermawan, Surya Hidayani, Novika Hifzillah, Muhamad Hafidz hoh, Sharifurrohman Ika Baskara Ikhyanuddin, Ikhyanuddin Indrafana, Iman Izzuddin, Deden Akbar Jamaludin M Sakung Jati, Waluyo Jublina Oktora, Jublina Kustiawan, Eko Kusuma, Hidayah Dwi Liza Novietta Mahendra Data Maisaratun Najmi Makhfud Syawaludin Marsun, Marsun Maruddin, Mukti Minan, H. Kersna Minan, H.Kresna Muhammad Saleh Mukti Wibowo Nur Khasanah Nurhasanah Nurhasanah Panjaitan, Florencia Rani Permana, Adi Pradhono, Choiru Pragesjvara, Vitria Pranoto, Sugeng Priatna, Isep Amas Primasatria Edastama, Primasatria Purnama, Jesicha Aulya Purwoko, Gatut D. Purwoko, Ugeng Budi Qurbani, Derita Rahayu Hartini Rizki Fillhayati Rambe Roza Mulyana S, Supriyati S, Wedi Saepudin Saepudin Saidah, Alvi Saiman Pakpahan Saprudin Saprudin, Saprudin Satriyo Nugroho, Anto Senen Senen Septiadi, Agung Setiawan, Romi Adetio Silalahi, Indah Permata Sari Silalahi, Santhy Kristifani Siregar, Astri Fadhila Sitompul, Clarisa Florentina Sitorus, Zulham Soepandi, Amun Sopiah, Oon Suhono Harso Supangkat Sulastio, Agus SULISTIANI, SINTA Supriatna, Kusnanda Sutiman Sutiman, Sutiman Sutiono, Sulis Suwandi Suwandi Syafira, Syafira Syahwaludin, Syahwaludin Trisnawan, Primantara Hari Utomo, Styo Budi Wahid, Darham Wardana, Yusri Yakin, Nurman Yani Suryani Zahra, Syaharani