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  • 标题:Firm Size As A Moderation Factor: Testing The Relationship of Capital Structure With Dividend Policy
  • 本地全文:下载
  • 作者:Akhmadi Akhmadi ; Bambang Mahmudi ; Moh Muksin
  • 期刊名称:AFEBI Management and Business Review
  • 印刷版ISSN:2548-530X
  • 电子版ISSN:2548-5318
  • 出版年度:2020
  • 卷号:5
  • 期号:2
  • 页码:41-49
  • DOI:10.47312/ambr.v5i2.313
  • 语种:English
  • 出版社:Asosiasi Fakultas Ekonomi & Bisnis Indonesia (AFEBI)
  • 摘要:This study examines size as a variable that can strengthen and weaken the relationship between debt policy and dividend policy. Presearch using a sample of 26 companies  of 65 population Basic industrial and chemical manufacturing companies listed on the Indonesia Stock Exchange in 2011-2015, which is determined by purposive technique. The variables observed include debt policy as an independent variable, dividend policy as the dependent variable, and firm size as a moderating variable. The analysis tool uses regression moderating analysis (MRA). The results prove that the Debt to Asset Ratio (DAR) has a negative and insignificant effect on the Dividend Payout Ratio (DPR), firm size negatively moderates and there is a significant relationship between capital structure and dividend policy.
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