文章基本信息

标题：Firm Size As A Moderation Factor: Testing The Relationship of Capital Structure With Dividend Policy
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作者：Akhmadi Akhmadi ; Bambang Mahmudi ; Moh Muksin 等
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.