The Effect of Profitability, Free Cash Flow, Company Growth and Company Size on Debt Policy of Food and Beverage Subsectors Registered in Indonesia Stock Exchange Period 2013-2017

Authors : Muhammad Ulum, Matrodji H. Mustafa

Volume/Issue : Volume 4 - 2019, Issue 12 - December

Google Scholar :

Scribd :

The purpose of this research is to analyze the factors that affected the Debt Policy on Company Financial Statements registered on the Indonesia Stock Exchange (IDX). The Independent variable in this research is Profitability, Growth of the Company, Firm Size and Free Cash Flow. Meanwhile, the dependent variable is Debt Policy. Populations in this research are companies subsector Food and Beverages registered on the Indonesia Stock Exchange (IDX) from 2013-2017. The sampling technique is done with purposive sampling method. Samples in this research are 11 companies and total samples in this research are 55 financial statements. This research uses multiple regression analysis. The result shows that Profitability, Growth of the Company and Firm Size have significant effect towards Debt Policy meanwhile FCF has no effect on Debt Policy.

Keywords : Debt Policy, Debt to Equity Ratio, Profitability, Free Cash Flow, Firm Growth, Firm Size.


Paper Submission Last Date
31 - May - 2023

Paper Review Notification
In 1-2 Days

Paper Publishing
In 2-3 Days

Video Explanation for Published paper

Never miss an update from Papermashup

Get notified about the latest tutorials and downloads.

Subscribe by Email

Get alerts directly into your inbox after each post and stay updated.

Subscribe by RSS

Add our RSS to your feedreader to get regular updates from us.