Email this article Dividend Payout Ratio, Free Cash Flow, and Share Repurchases in Indonesian Listed Companies
Abstract
Tujuan dari penelitian ini adalah untuk menganalisis pengaruh dividend payout ratio dan free cash flow terhadap share repurchases pada perusahaan yang tercatat di Bursa Efek Indonesia selama periode 2016-2020. Populasi dalam penelitian ini terdiri dari perusahaan yang terdaftar di Bursa Efek Indonesia yang melakukan pembelian kembali saham selama periode penelitian. Sampel penelitian ini terdiri dari 36 kegiatan pembelian kembali saham yang dilakukan selama periode penelitian. Data dalam penelitian ini dikumpulkan dari laporan keuangan perusahaan dan dianalisis menggunakan regresi linear berganda. Temuan dari penelitian ini menunjukkan adanya pengaruh positif dan signifikan baik dari rasio pembayaran dividen maupun arus kas bebas terhadap pembelian kembali saham.
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DOI: http://dx.doi.org/10.20961/jab.v23i1.1017
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