A Study on the Relationship Between Enterprise Risk Management, Free Cash Flow, and Dividend Payout Ratio on Stock Price of Consumer Goods

DOI

10.2991/assehr.k.210805.174How to use a DOI?

Keywords

Enterprise Risk Management, Dividend Payout Ratio, Free Cash Flow, Stock Price

Abstract

“The purpose of the study is to observe verifiable evidence about the effects of Enterprise Risk Management, Dividend Payout Ratio, and Free Cash Flow on the Stock Price of manufacturing companies in the consumer goods sector listed in the Indonesia Stock Exchange for the 2017-2019 period.” The independent variables are Enterprise Risk Management, Dividend Payout Ratio, and Free Cash Flow Ratio, while the dependent variables are the Stock Price. The research method used is causal research using quantitative data and purposive sampling techniques. The research sample consisted of 30 companies with 90 observational data. Data analysis was performed using a panel regression model using E-Views V.11 software. The results of the research are based on the tests that have been conducted. It is found that free cash flow and dividend payout ratio affect significantly stock price, while enterprise risk management does not affect the stock price.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Nurainun Bangun
AU  - Khairina Natsir
PY  - 2021
DA  - 2021/08/08
TI  - A Study on the Relationship Between Enterprise Risk Management, Free Cash Flow, and Dividend Payout Ratio on Stock Price of Consumer Goods
BT  - Proceedings of the International Conference on Economics, Business, Social, and Humanities (ICEBSH 2021)
PB  - Atlantis Press
SP  - 1107
EP  - 1113
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210805.174
DO  - 10.2991/assehr.k.210805.174
ID  - Bangun2021
ER  -