scholarly journals Analisis Pengaruh Profitabilitas, Likuiditas, Kebijakan Dividen, Pertumbuhan Perusahaan Dan Struktur Aktiva Terhadap Struktur Modal

2019 ◽  
Vol 1 (4) ◽  
pp. 1741-1755
Author(s):  
Ade Elsa Betavia
Keyword(s):  
Capital Structure ◽  
Manufacturing Industry ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Sales Growth ◽  
Panel Data Regression ◽  
Data Regression ◽  
Partial Probability ◽  
Study Population ◽  
The Capital Structure

The purpose of this study was to determine the effect of Profitability (ROE), Liquidity (CR), Dividend Policy (DPR), Growth (Sales Growth) , Asset Structure of the Capital Structure (DER). This study population is listed manufacturing industry in Indonesia Stock Exchange in 2010-2014. The method of analysis used in this study is a quantitative method with the statistical analysis of panel data regression. Using Capital Structure as variable dependent and Profitability, Liquidity, Dividend Policy, Growth, Asset Structure as independent variables. Results of the study showed partial Probability (ROE) and Liquidity (CR) significant on the Capital Structure (DER). Dividend Policy (DPR), Growth (sales growth)  and Asset Structure not influence significantly to the Capital Structure (DER). Profitability (ROE), Liquidity (CR), Dividend Policy (DPR) , Growth (Sales Growth) and Asset Structure simultaneously significant on  the Capital Structure (DER).

scholarly journals ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN TEKSTIL DAN GARMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2014-2016

2020 ◽  
Vol 8 (2) ◽  
pp. 248
Author(s):  
Nico Anangsyah ◽  
Desta Rizky Kusuma
Keyword(s):  
Regression Analysis ◽  
Capital Structure ◽  
Stock Exchange ◽  
Company Size ◽  
Sales Growth ◽  
Panel Data Regression ◽  
Analysis Technique ◽  
Data Regression ◽  
Positive Effect ◽  
The Capital Structure

This study aims to determine the analysis of factors affect the capital structure of registered textile and garment companies on the Indonesia Stock Exchange (IDX) for the 2014-2016 period. Variables in this study namely Profitability (ROA), Asset Structure (SA), Sales Growth (PP) and Company Size (SIZE) and Capital Structure (DER). The population in this study is the Textile and Garment company listed on the Indonesia Stock Exchange (IDX) as many as 17 companies later 15 companies were sampled using a purposive technique sampling. The analysis technique used is panel data regression analysis with comparison of t-statistics with t-tables. The results of this study indicate that profitability (ROA) is not positive effect on Capital Structure (DER), t-statistic of 1.386407. Asset Structure (SA) has no positive effect on Capital Structure (DER), statistic equal to 0.296574. Sales Growth (PP) influences positive for Capital Structure (DER), the statistic is 1.873566. Size The company (SIZE) does not have a positive effect on the Capital Structure (DER), statistic at 0.570955.

scholarly journals Effect of Liquidity, Profitability, and Sales Growth on Capital Structure (in Manufacturing Companies)

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Marlina Marlina ◽  
Dahlia Pinem ◽  
Nur Fatkhul Hidayat
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Sales Growth ◽  
Significant Positive Effect ◽  
Manufacturing Companies ◽  
Microsoft Excel ◽  
Significance Level ◽  
Panel Data Regression ◽  
Data Regression ◽  
Positive Effect

Abstract - This research was conducted to examine the effect of liquidity, profitability and sales growth on capital structure. This research was conducted at manufacturing companies listed on the Indonesia Stock Exchange. The technique of determining the sample using purposive sampling method. Selection of samples from 165 manufacturing companies listed on the Indonesia Stock Exchange in 2016-2018 resulted in 33 companies being accepted. Data analysis was performed using Microsoft Excel 2013 and hypothesis testing in this research used Panel Data Regression Analysis with the E-Views 9.0 program and a significance level of 5%. The results of the test were obtained (1) the liquidity stated by CR has no significant effect on the capital structure. (2) profitability stated by ROE has a significant positive effect on capital structure, (3) sales growth stated by SG has no significant positive effect on capital structure. Keywords: liquidity, profitability, sales growth, capital structure

scholarly journals Faktor-Faktor yang Mempengaruhi Struktur Modal pada Perusahaan Pertambangan di Bursa Efek Indonesia Periode 2015-2018

2020 ◽  
Vol 4 (1) ◽  
pp. 224
Author(s):  
Nurul Aryanti ◽  
Riana Rachmawati Dewi ◽  
Purnama Siddi
Keyword(s):  
Panel Data ◽  
Capital Structure ◽  
Stock Exchange ◽  
Sample Selection ◽  
Company Size ◽  
Test Results ◽  
Panel Data Regression ◽  
Data Regression ◽  
Regression Test ◽  
The Capital Structure

This study examines and analyzes the factors that influence capital structure.  Independent variables in this study are company size, liquidity, profitability and asset structure.  The population in this study are mining companies listed on the Indonesia Stock Exchange for the 2015-2018 period.  The sample selection technique uses purposive sampling and 12 company samples are obtained within a period of 4 years so that 48 company samples are obtained.  The data analysis method used in this study is panel data regression.  Hypothesis testing is done using the t test and the F test. The panel data regression test results show that simultaneously company size, liquidity, profitability and asset structure have an influence on capital structure.  While partially the variables that significantly influence the capital structure are company size.  While the liquidity, profitability and asset structure variables do not significantly affect the capital structure.

scholarly journals The Effect Of Company Size, Liquidity And Profitability On The Capital Structure Of Automotive Companies Listed In Indonesia Stock Exchange (Idx) For The Period 2014 – 2018.

2020 ◽  
Vol 12 (2) ◽  
pp. 16
Author(s):  
Dhea Zatira ◽  
Sabam Simbolon ◽  
Sutrisna Sutrisna
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Secondary Data ◽  
Company Size ◽  
Financial Reports ◽  
Panel Data Regression ◽  
Analysis Technique ◽  
Data Regression ◽  
Secondary Data Sources ◽  
The Capital Structure

This research aims to determine what factors can influence the capital structure of automotive sub-sector companies listed on the Indonesian stock exchange for the period 2015 - 2018. These factors include company size, liquidity and profitability. The methodology used in this research is quantitative associative with secondary data sources that come from financial reports that have been published by companies and the IDX. The data analysis technique in this study used a panel data regression model with E-Views software. The results of this study indicate that firm size has no effect on capital structure, which can be seen from this value t statistic 0.492999 0.05. Liquidity has an effect on the Capital Structure which can be seen from the t-table value of -7.788281> t-table 2.039 and the probability value of 0.0000 0.05. Simultaneously the variable company size, liquidity and profitability have an effect on the capital structure which can be seen from the value obtained by the F-table value of 2.91, which means that the F-count is 22.32849> Ftable 2.91 and the probability value of F-statistic is 0.00000 ​

scholarly journals FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA SEKTOR PERKEBUNAN

Media Bisnis ◽  
2020 ◽  
Vol 11 (2) ◽  
pp. 123-134
Author(s):  
JULIANA YAPI ◽  
SATRIYO WIBOWO
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Fixed Effect Model ◽  
Sales Growth ◽  
Business Risk ◽  
Effect Model ◽  
Panel Data Regression ◽  
Regression Techniques ◽  
The Capital Structure

The purpose of this research is to test and analyze empirically the influence of profitability, firm size, liquidity, business risk, sales growth, asset structure and growth asset to capital structure. This research data consists of financial statements of plantation sector companies in Indonesia that listed in Indonesia Stock Exchange period 2008-2016. Sampling technique is used purposive sampling with 8 companies that met the criteria and were analyzed using panel data regression techniques with fixed effect model by using software Eviews 9 to test the hyphotesis. The results of this research shows that profitability, size, liquidity, business risk, and asset structure influence the capital structure, while sales growth and growth asset do not influence the capital structure. Where overall this model is fit.

Determinants Of Capital Structure For Multinational And Domestic Companies In India: Panel Data Regression Model

2019 ◽  
Vol 118 (7) ◽  
pp. 147-154
Author(s):  
K. Maheswari ◽  
Dr. J. Gayathri ◽  
Dr. M. Babu ◽  
Dr.G. Indhumathi
Keyword(s):  
Panel Data ◽  
Capital Structure ◽  
Regression Model ◽  
Business Risk ◽  
Return On Assets ◽  
Panel Data Regression ◽  
Data Regression ◽  
Return On Capital ◽  
Domestic Companies ◽  
The Capital Structure

The capital structure refers to the components of capital needed to establish and expand its business activities. The study was made with an objective to examine the determinants of capital structure of multinational and domestic companies listed in S&P BSE automobile sector. The study concluded that there is significant impact on capital structure determinants such as size, business risk, non debt shield tax, return on assets, tangibility, profit, return on capital employed and liquidity on the capital structure of multinational and domestic companies of Indian Automobile Sector.  

FAKTOR DETERMINAN PEMBENTUK STRUKTUR MODAL PADA PERUSAHAAN SEKTOR FARMASI PERIODE 2012 - 2016

2017 ◽  
Vol 2 ◽  
pp. 241-250
Author(s):  
Neng Ria Kanita ◽  
Hendryadi Hendryadi
Keyword(s):  
Panel Data ◽  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Pharmaceutical Manufacturing ◽  
Manufacturing Companies ◽  
Purposive Sampling ◽  
Panel Data Regression ◽  
Data Regression ◽  
Partial Effects

This study aims to examine the simultaneous and partial effects of profitability, liquidity, and firm size on capital structure. The sample is 10 pharmaceutical manufacturing companies listed in Indonesia Stock Exchange period 2012-2016, using purposive sampling. The technique of analysis used is panel data regression (pooled regression). The results showed that the selected model is the fixed effect. Simultaneously NPM, CR, and Firm Size have a significant effect on capital structure. Partially NPM has a negative and significant effect on capital structure. CR partially have a negative and not significant effect on capital structure. Partially Firm Size have a positive and significant effect on capital structure. Variables that have a significant effect on capital structure are NPM and Firm Size. While CR does not significantly affect the capital structure. Keywords: Capital Structure, Profitability, Liquidity, Firm Size

Factors Influencing Capital Structure of Shariah-Compliant Malaysian Telecommunications and Media Companies

2021 ◽  
Vol 12 (3) ◽  
pp. 582-591
Author(s):  
Mohd Faizal Basri Et.al
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Least Square ◽  
Sales Growth ◽  
Pecking Order ◽  
Ordinary Least Square ◽  
Media Companies ◽  
Panel Data Regression ◽  
Data Regression ◽  
Equity Ratio

This paper explores the firm-specific factors,which are assets tangibility, sales growth, profitability, and firm size in ascertaining the capital structure of Shariah-compliant telecommunications and media companies in Malaysia. Panel data regression model based on ordinary least square (OLS) method was employed in the research. The sample of research comprisesof nine Shariah-compliant companies listed in telecommunications and media sector in the Main Market and Ace Market ofBursa Malaysiafrom 2009to 2018, with a 90firms-years of total number of observations. The dependent variable selected was debt to equity ratio. Meanwhile, the independent variables chosen were assets tangibility, sales growth, profitability, and firm size. Thefindings revealed thatassets tangibilityhas a positive relationship, while profitability is negatively related to the dependent variable. Conversely, sales growth and firm size were insignificant to debt to equity ratio.The pecking order and trade-off theories of capital structure is very much applicable to the Shariah-compliant telecommunications and media in Malaysia sinceassets tangibility and profitability have significant relationship with leverage.

scholarly journals PENGARUH KEBIJAKAN DIVIDEN, LIKUIDITAS, TANGIBILITY, ASSET TURNOVER, DAN COMPANY GROWTH TERHADAP STRUKTUR MODAL

2020 ◽  
Author(s):  
Mirnawati Ratuloly ◽  
Anita Wijayanti ◽  
Purnama Siddi
Keyword(s):  
Social Sciences ◽  
Capital Structure ◽  
Sampling Method ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Asset Turnover ◽  
Company Growth ◽  
The Capital Structure

Capital structure is the ratio between debt (foreign capital) and own capital (equity). There are several factors that affect capital structure such as dividend policy, liquidity, tangibility, asset turnover and company growth. This study aims to determine the effect of dividend policy, liquidity, tangibility, asset turnover and company growth on capital structure. In this study, the sampling method was carried out using purposive sampling and obtained as many as 14 companies in the consumer goods industry sector which were listed on the Indonesia Stock Exchange during 2015-2018. Thus the amount of data observed in this study amounted to 56 data. Data in this study were analyzed using Statistical Package for Social Sciences (SPSS) 22 with multiple linear regression analysis methods. The results of this study indicate that liquidity and asset turnover affect the capital structure while the dividend policy, tangibility and company growth do not affect the capital structure.

scholarly journals THE ANALYSIS OF FACTORS AFFECTING THE CAPITAL STRUCTURE ON LISTED MINING COMPANIES IN INDONESIA STOCK EXCHANGE

JEMBATAN ◽  
2018 ◽  
Vol 15 (1) ◽  
pp. 49-60
Author(s):  
Charaka M Nandatama ◽  
Sulastri Sulastri ◽  
Taufik Taufik
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Sales Growth ◽  
Factors Affecting ◽  
Mining Companies ◽  
Research Population ◽  
The Capital Structure

The objectives of this research are to examine the effect of Assets Growth,Likuidity, Assets Structure, and Sales Growth influence simoultaneously and partiallyon Capital Structure. Research conducted at mining companies that listed on IndonesiaStock Exchange period 2012- 2015. The research population was 41 companies, with thesample of 14 companies with sampling using purposive sampling technique. Theanalytical method used is multiple linear regression analysis, which previously testedwith the classical assumption.The result showed that the Assets Growth, Likuidity, Assets Structure and SalesGrowth influence simultaneous on the Capital Structure. The research also revealedthat, Assets Growth, Likuidity, Assets Structure and Sales Growth influence partiallynegative significant on the Capital Strucuture. On the other hand, R-Square valueamnounted at 32.6%, its mean that 32,6% movement of Capital Structure can bepredicted from the movement of the four independent variables.Keywords : capital structure, assets growth, likuidity, assets structure, sales growth

Sign in / Sign up

Export Citation Format

Share Document