%0 Generic
%A FELICIA MONIKA, 1511011032
%C UNIVERSITAS LAMPUNG
%D 2019
%F eprints:54820
%I FAKULTAS EKONOMI DAN BISNIS
%T INVESTMENT OPPORTUNITIES, FUNDING, AND DIVIDEND POLICY:  EVIDENCE FROM BIG CAP COMPANIES IN ASEAN EMERGING    MARKET COUNTRIES
%U http://digilib.unila.ac.id/54820/
%X The aims of this research were to investigate the negative effect of investment  opportunities and debt on dividend payout policy of big cap companies in ASEAN  emerging market countries. The period of data is from 2014-2018. Population of  this research was the big cap company included in MSCI Emerging Market  Countries. Stratified random sampling was used to determine the sample. The  total sample was 42 companies. The analytical tool used was multiple linear  regression analysis. The result of this research shows that investment  opportunities has a significant positive effect on dividend payout policy of big cap  companies in ASEAN emerging market countries It prove that investment  opportunity of big cap companies in ASEAN emerging market countries is a  determinant for the company to make a dividend payout policy, and also not all  the company that maximize the investment opportunity set will distribute lower  dividend. The result also shows that debt has a significant negative effect on  dividend payout policy of big cap companies in ASEAN emerging market  countries. It prove that big cap companies in ASEAN emerging market countries  with high debt tend to distribute lower dividend, because the company need to  hold some cash to accommodate all the risk and additional expenses as a  consequence for having such a high debt.    Key words: Investment Opportunity, Funding, Debt, Dividend Policy, DPR,    DER, MVE/BVE, ROA