Pengaruh Kepemilikan Manajerial, Kebijakan Deviden, Ukuran Perusahaan dan Profitabilitas terhadap Kebijakan Hutang pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia tahun 2013-2017

The purpose of this research is to analyze the effect of managerial ownership, dividend policy, firm size and profitability on debt policy on manufacturing companies listed on the Indonesia Stock Exchange (BEI) in 2013-2017. The study population was all manufacturing companies listed on the Stock Exchange during the study period and the study sample was selected based on purposive sampling to obtain a sample of 185 company-years of observation. This research was analyzed with multiple regression analysis using SPSS program version 22. The result of this research are: (1) managerial ownership has negative influence and significant effect on debt policy (2) dividend policy has negative influence and significant effect on debt policy (3) firm size has positive influence and significant effect on debt policy (4) profitability has negative influence and significant effect on debt policy