The objective of this research is to determine the influence of blockholder ownership and asset tangibility toward debt policy on listed companies from the telecommunication sector at the Indonesian Stock yasihExchange (BEI) for the year 2008-2011. The research type used in this research is verificative research or hypothesis testing research. By using cencus method and unbalanced panel data, there are 5 firms observation fulfilling the population criteria. The data type used is secondary data gotten from the Indonesian Stock Exchange (BEI) website and Indonesian Capital Market Directory (ICMD). The classical assumption (Normality, Heteroskedastisitas, and Multicollinearity) is used to test the normality of data and multiple regression analysis was used to test the hypothesis.The result of this research show that blockholder ownership and asset tangibility influence toward debt policy on listed companies from the telecommunication sector at the Indonesian stock Exchange (BEI) for the year 2008-2011.
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