Jacobus, Widiatmoko and Sri, Sudarsi and M.G. Kentris, Indarti and Melya, Deriska PENGARUH PROFITABILITAS, PERTUMBUHAN PERUSAHAAN, STRUKTUR ASET, DAN UKURAN PERUSAHAAN TERHADAP KEBIJAKAN HUTANG, DAN DAMPAKNYA TERHADAP NILAI PERUSAHAAN. FMI.
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Abstract
This study aims to examine the antecedents and consequences of debt policy, to obtain a comprehensive picture of one of the important policies in the company related to its debt policy as reflected in the debt to total asset ratio (DAR). Some factors considered as antecedents of debt policy are profitability, company growth, asset structure, and company size, while the consequence of debt policy is the value of the company. The study populations are manufacturing companies listed on the Indonesia Stock Exchange (IDX) in the period 2014-2016. By using purposive sampling techniques obtained as many as 416 observation data, and tested using multiple linear regression analysis. The test results show that the profitability negatively affect on debt policy, company growth and asset structure do not affect debt policy, and the size of the company has a positive effect on debt policy. The impact of debt policy on firm value shows a significant positive direction.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
| Faculty / Institution: | Fakultas Ekonomika dan Bisnis > Program Studi Akuntansi |
| Depositing User: | Jati Sasongko Wibowo |
| Date Deposited: | 10 Jan 2020 01:30 |
| Last Modified: | 10 Jan 2020 01:30 |
| URI: | https://eprints.unisbank.ac.id/id/eprint/6354 |
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