Journal of Accounting, Management and Economics Research
Vol 3 No 1 (2024): JULY 2024

Pengaruh Free Cash Flow, Asset Growth dan Kebijakan Hutang Terhadap Kebijakan Dividen dengan Profitabilitas sebagai Variabel Moderating

Rahayu Rahayu (Sekolah Tinggi Ekonomi Indonesia, Jakarta)
Florie Nurul (Sekolah Tinggi Ekonomi Indonesia, Jakarta)



Article Info

Publish Date
19 Jul 2024

Abstract

This research seeks to ascertain how debt policy, asset growth, and free cash flow affect dividend policy with profitability as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange (BEI) for the 2018-2020 period. Descriptive research is used in this study with a quantitative approach with the data analysis method used is moderated regression analysis with Eviews version 10. All manufacturing companies that were listed on the Indonesia Stock Exchange between 2018 and 2020 make up the research population. Thirty-seven corporate samples made up the sample, which was selected using the purposive sampling method. Thus, the study's findings indicate that free cash flow has a favorable impact on dividend policy, Asset growth has a negative effect on dividend policy, Debt policy has a negative effect on dividend policy, profitability is able to strengthen the effect of free cash flow on dividend policy, profitability is able to strengthen the effect of asset growth on dividend policy, profitability is able to strengthen debt policy towards dividend policy.

Copyrights © 2024






Journal Info

Abbrev

jamer

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

JAMER (Journal of Accounting, Management and Economics Research) is a journal published by the Faculty of Economics and Business YARSI University in collaboration with some the Professional Association, periodically twice a year (July and December). JAMER publishes original research and critcism ...