Abstract
The objective of this study is to examine and obtain empirical evidence of the influence of leverage, free cash flow and collateral assets on dividend policy. This study uses multiple regression analysis and processed using the eviews application program version 11.0. Sample of this research included 41 manufacturing companies selected by purposive sampling method that met the criteria of 193 publicly traded companies listed on the Indonesia Stock Exchange for the period of 2017 - 2019. The results of research on leverage had a significant negative effect, collateral assets had a significant positive effect, while free cash flow had no effect on dividend policy.The implication of this study is the need to increase free cash flow and reduce leverage to increase dividend in dividend policy which will bring good signal for investors.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.