EAJ (ECONOMICS AND ACCOUNTING JOURNAL)
Vol. 5 No. 3 (2022): EAJ (Economics and Accounting Journal)

Free Cash Flow, Capital Structure, Dividend Policy, and Stock Price

Putri, Celita Ivanda (Unknown)



Article Info

Publish Date
30 Sep 2022

Abstract

This study aims to empirically prove the effect of free cash flow, capital structure, and dividend policy on stock prices. This research was conducted in a raw goods company. The type of research used is quantitative with associative methods. The data type used is secondary data in the form of annual financial reports published on the Indonesia Stock Exchange (IDX) for 2017-2021. Samples were collected using a purposive sampling method. The number of companies used as research samples was ten, with research methods for 5 (five) years, so 50 observation data were obtained. The data were processed using the Eviews 12 Statistical Program to test the hypothesis using panel data regression analysis. The results of the t-statistical test on dividend policy partially have a positive effect on stock prices. However, free cash flow and capital structure partially hurt dividend policy. The results of the statistical test F free cash flow, capital structure, and dividend policy simultaneously affect stock prices.

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Journal Info

Abbrev

EAJ

Publisher

Subject

Economics, Econometrics & Finance

Description

Economics and Accounting Journal (EAJ) is a publication media of scientific research in the field of accounting published by S1 Study Program of Accounting at Faculty of Economics, University of Pamulang periodically every four months with the aim as a medium of communication and disseminate ...