2012Jurnal Riset Ekonomi dan BisnisOpen access

Insider Ownership, Free Cash Flow dan Dividend Policy Perusahaan Manufaktur Terdaftar Di BEJ

Yuniningsih Yuniningsih

Open full text 2 citations

Abstract

Dividend policy is related to a matter of earning allocation, namely how much of the earning are distributed as dividends and how much of the earning are distributed as retained earnings. Earning matters sometimes result in different desires between management and shareholders, thusly the differences will result in conflicts between both of them and the conflicts will lead to agency cost. The research aimed at analyzing effects of insider ownership and free cash flows on dividen policy partial. The applied data were secondary ones obtained from Jakarta Stock Exchange. Analysis technique applied analysis of multiple linear regression. Research results indicated that insider ownership had no effects on dividend policy, where as free cash flow have effects on dividend policy. Keywords : Dividend Policy, Insider Ownership, Free Cash Flow

About this research paper

What this paper is about

Dividend policy is related to a matter of earning allocation, namely how much of the earning are distributed as dividends and how much of the earning are distributed as retained earnings. Earning matters sometimes result in different desires between management and shareholders, thusly the differences will result in conflicts between both of them and the conflicts will lead to agency cost. The research aimed at analyzing effects of insider ownership and free cash flows on dividen policy partial. The applied data were secondary ones obtained from Jakarta Stock Exchange. Analysis technique applied analysis of multiple linear regression. Research results indicated that insider ownership had no effects on dividend policy, where as free cash flow have effects on dividend policy. Keywords : Dividend Policy, Insider Ownership, Free Cash Flow

Why it matters

OpenAlex reports 2 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Dividend policy is related to a matter of earning allocation, namely how much of the earning are distributed as dividends and how much of the earning are distributed as retained earnings. Earning matters sometimes result in different desires between management and shareholders, thusly the differences will result in conflicts between both of them and the conflicts will lead to agency cost. The research aimed at analyzing effects of insider ownership and free cash flows on dividen policy partial. The applied data were secondary ones obtained from Jakarta Stock Exchange. Analysis technique applied analysis of multiple linear regression. Research results indicated that insider ownership had no effects on dividend policy, where as free cash flow have effects on dividend policy. Keywords : Dividend Policy, Insider Ownership, Free Cash Flow

Key concepts: Dividend policy, Free cash flow, Insider, Dividend, Business, Shareholder, Principal–agent problem, Cash flow

Back to paper searchBrowse research topicsOriginal source
Insider Ownership, Free Cash Flow dan Dividend Policy Perusahaan Manufaktur Terdaftar Di BEJ — Research Paper | ScholarLens