| The aim of this study to analyze the effect of institutional ownership, free cash flow, dividend policy, and corporate’s growth on corporate’s debt policy. The populations of this study use manufacturing companies that listed on the Indonesian stock exchanges in 2010 – 2015. The samples of this study use 230 companies were selected with purposive sampling method. This study use multiple regression as the method of analysis with institutional ownership, free cash flow, dividend policy, and corporate’s growth as independent variables and debt policy as dependent variable. This study use SPSS version 23.0 for analyzing the data with 5% significance levels, This study figures that institutional ownership affects debt policy positively and significantly and free cash flow affects debt policy negatively and significantly. While variables such as dividend policy and corporate’s growth did not affects debt policy. |