THE INFLUENCE OF FREE CASH FLOW ON THE FIRM VALUE USING DIVIDEND POLICY AS A MEDIATING VARIABLE

Iriany Kereh, Soraya (2015) THE INFLUENCE OF FREE CASH FLOW ON THE FIRM VALUE USING DIVIDEND POLICY AS A MEDIATING VARIABLE. . pp. 1-18.

[img] Text
JURNALEAI18600.pdf
Download (1MB)

Abstract

Purpose of this study is to investigate whether the dividend policy can mediates the influence of free cash flow on the firm value in all industrial firms contained in IDX. Regression is the model used by this study to test the mediating variable in this case the dividend policy as measured by the dividend payout ratio (DPR) to the free cash flow as independent variable on the firm value as dependent variable. As well as firm size as control variable. Sample in this study are the entire firm in all industries during the period 2008-2013 with certain criteria. The result show that the dividend policy has positive and significant value in the influence of free cash flow on the firm value.

Item Type: Article
Uncontrolled Keywords: Free cash flow, Dividend policy, Firm value, Firm Size
Subjects: Financial Accounting > Financial Accounting
Divisions: Fakultas Ekonomi > Akuntansi Internasional
Depositing User: Editor UAJY
Date Deposited: 11 Feb 2016 11:43
Last Modified: 11 Feb 2016 11:43
URI: http://e-journal.uajy.ac.id/id/eprint/8760

Actions (login required)

View Item View Item
E-Journal Universitas Atma Jaya Yogyakarta is powered by EPrints 3 which is developed by the School of Electronics and Computer Science at the University of Southampton. More information and software credits.