PENGARUH ARUS KAS BEBAS, KEBIJAKAN DIVIDEN DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2008-2012

Abstract: The purpose of  this study was to analyze the influence of free cash flow. dividend policy and firm size on capital structure . Free Cash  Flow  is  proxied  by  free  cash  flow  (FCF)  ,  dividend  policy  is proxied by the dividend payout ratio (DPR), firm size is proxied by the natural logarithm of total assets, while capital structure is proxied by LTDtER  (Long  Term  Debt  to  Equity  Ratio).  Sampling  was  done  by using purposive sampling method that produces 22 companies as the study  sample.  Multiple  linear  regression  was  used  to  examine  the relationship  between  the  dependent  and  independent  variables.  The results  showed  that  the  independent  variables  simultaneously  affect the  capital  structure.  Partially  free  cash  flow  positive  effect  on  the capital  structure  of  the  firm  size  also  has  a  positive  effect  on  the capital structure, while the dividend policy has negative effect on the capital structure. 
Keywords: capital structure, free cash flow, dividend policy and the firm size
Penulis: ANDIKA WISNU SOFIA RAHMAN, NI NYOMAN ALIT TRIANI
Kode Jurnal: jpmanajemendd141068

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