ANALISIS Insider Ownership, Kebijakan Hutang dan Kebijakan Pembayaran Deviden SERTA PENGARUHNYA Terhadap Return Saham

Abstract

The research tries to know impact insider ownership and Debt Policy to stock return. The
research objects are the company that was registered in the Indonesian Stock Exchange in
2005 until 2008 that announce dividend. The sampling method is purposive sampling method
and it can find 13 sample companies that announce dividend. Hypothetical testing method
is Multistage Regression with the significance level 0,05. The results shows there is no significant
impact insider ownership and Debt Policy to Devidend Policy. So Devidend Policy no
impact to Stock Return.
Keywords : Insider Ownership, Dividend Policy, Debt Policy, Return Saham