PENGARUH INVESTMENT OPPORTUNITY SET DAN FREE CASH FLOW PADA KEBIJAKAN DIVIDEN DAN NILAI PERUSAHAAN
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Authors:
I Gusti Ngurah Putu Adi Suartawan, Gerianta Wirawan Yasa
Abstract:
“This research is aimed to determine the effect of investment opportunity set and free cash flow on dividend policy and its impact in manufacturers value. 25 manufacturers is taken as sample on this research, by using purposive sampling method. Data is collected through non participant observation. Path analysis is used as data analysis technique which is an extension of the multiple linear regression technique. Based on the results of analysis, found that: 1) Investment opportunity set has a positive effect on dividend policy, refuse the negative hypothesis; 2) Free cash flow has a positive effect on dividend policy; 3) Investment opportunity set has a positive effect on firm value; 4) Free cash flow has a positive effect on firm value; 5) Dividend policy has a positive effect on firm value; 6) Investment opportunity set has effect on firm value through dividend policy; and 7) Free cash flow has no effect on firm value through dividend policy.”
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PDF:
https://jurnal.harianregional.com/akuntansi/full-16281
Published
2016-03-30
How To Cite
SUARTAWAN, I Gusti Ngurah Putu Adi; YASA, Gerianta Wirawan. PENGARUH INVESTMENT OPPORTUNITY SET DAN FREE CASH FLOW PADA KEBIJAKAN DIVIDEN DAN NILAI PERUSAHAAN.E-Jurnal Akuntansi, [S.l.], v. 14, n. 3, p. 2014-2044, mar. 2016. ISSN 2302-8556. Available at: https://jurnal.harianregional.com/akuntansi/id-16281. Date accessed: 28 Aug. 2025.
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Issue
Vol 14 No 3 (2016)
Section
Articles
Copyright
This work is licensed under a Creative Commons Attribution 4.0 International License
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