@thesis{thesis, author={Nicholas Hans}, title ={PENGARUH FREE CASH FLOW, NON DEBT TAX SHIELD DAN KEPEMILIKAN INSTITUSIONAL TERHADAP KEBIJAKAN HUTANG PERUSAHAAN PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA}, year={2023}, url={http://eprints.ukmc.ac.id/9774/}, abstract={ABSTRACT This study aims to determine the effect of the variables Free Cash Flow, Non Debt Tax Shield and institutional ownership on debt policy. The data used in this study is secondary data taken from the annual financial reports of property and real estate sector companies listed on the Indonesia Stock Exchange (IDX) for the 2019-2021 period. The number of observation samples used was 147 data taken using purposive sampling technique. The analysis technique used is multiple linear regression analysis. The research results obtained show that the variables of free cash flow and institutional ownership have no effect on debt policy. Meanwhile, the non-debt tax shield variable has a negative effect on debt policy. Keywords: Debt Policy, Free Cash Flow, Non Debt Tax Shield, and Institutional Ownership} }