Profitability Moderate The Effect Of Firm’s Characteristic On Capital Structure

2019 ◽  
Vol 23 (2) ◽  
pp. 213
Author(s):  
Ceacilia Srimindarti, Firdaus Damas Septio Ardiansyah, Pancawati Hardiningsih, R.M. Oktaviani
Keyword(s):  
Real Estate ◽  
Capital Structure ◽  
Sampling Method ◽  
Stock Exchange ◽  
Sample Selection ◽  
Positive Influence ◽  
Financial Statement ◽  
Company Size ◽  
Analysis Tool ◽  
The Capital Structure

The objective of this study is to examine and analyze the influence of the asset structure and the company size on the capital structure with profitability as a moderating variable. Company managers must make an efficient comparison between internal and external capital to maximize the benefits. The populations of this study areproperty and real estate companies which were listed in Indonesia stock exchange. The sample selection use purposive sampling method. The criteria which used for sampling were: (1) publishing financial statement; (2) make a profit; (3) holding data on asset structure and profitability; (4) using rupiah. The analysis tool usedin this research is PLS. The result of this study showed that asset structure and company size had a positive influence on the capital structure. Profitability moderate the influence of asset structure on the capital structure, and moderate the influence of the company size on a capital structure.

scholarly journals Analysis of Factors Affecting Capital Structures in Companies Listed in Indonesia Stock Exchange Period 2010-2014

2021 ◽  
Vol 9 (2) ◽  
pp. 135-142
Author(s):  
Eva Hardianti
Keyword(s):  
Capital Structure ◽  
Sampling Method ◽  
Stock Exchange ◽  
Sample Selection ◽  
Secondary Data ◽  
Coefficient Of Determination ◽  
Company Size ◽  
Sales Growth ◽  
Factors Affecting ◽  
The Capital Structure

This research aims to analyze the factors that affect the capital structure of companies listed on the Indonesia Stock Exchange in the period 2010-2014. The variables studied were profitability, sales growth, asset structure and company size. This research is a comparative causal study. The data used is secondary data obtained from the site www.idx.co.id.The population in this study are all companies listed on the Indonesia Stock Exchange in the period 2010-2014. The sample selection is done by using purposive sampling method, so that as much as 1089 observational data are obtained. Analysis of the data used is multiple regression analysis. The results of this study indicate that the variable profitability, asset structure and firm size significantly influence the capital structure. The magnitude of the coefficient of determination (Adjusted R Square) is equal to 0.104. This means that 10.4% of the dependent variable that is capital structure can be explained by four independent variables namely profitability, sales growth, asset structure and company size. While the remaining 89.6% is explained by variables or other causes outside the model.

scholarly journals Faktor-Faktor yang Mempengaruhi Struktur Modal pada Perusahaan Property dan Real Estate yang Terdaftar di BEI

2020 ◽  
Vol 20 (1) ◽  
pp. 195
Author(s):  
Dahlia Nur Muslimah ◽  
Suhendro Suhendro ◽  
Endang Masitoh
Keyword(s):  
Linear Regression ◽  
Real Estate ◽  
Capital Structure ◽  
Analytical Method ◽  
Stock Exchange ◽  
Sample Selection ◽  
Company Size ◽  
Selection Technique ◽  
Independent Variables ◽  
The Capital Structure

The purpose of this study is to examine and analyze the factors that influence the capital structure. The independent variables in this study are profitability, liquidity, company size, and asset structure. The population in this study are property and real estate companies listed on the Indonesia Stock Exchange in the period 2016-2018. The sample selection technique used in this study was purposive sampling and 34 company samples were obtained over a period of 3 years so that 102 company samples were obtained. The analytical method used in this study is multiple linear regression. The results of this study simultaneously show that profitability, liquidity, asset structure, and company size significantly influence the capital structure. The results of the research partially show that profitability, liquidity, and asset structure have an influence on capital structure, while company size has no effect on capital structure.

scholarly journals Faktor-faktor yang Mempengaruhi Struktur Modal Pada Perusahaan Subsektor Property dan Real Estate

2019 ◽  
Vol 1 (1) ◽  
pp. 13-20
Author(s):  
Siti Ruhana Dara ◽  
Mariah Mariah
Keyword(s):  
Regression Analysis ◽  
Data Analysis ◽  
Real Estate ◽  
Capital Structure ◽  
Multiple Regression ◽  
Firm Size ◽  
Sampling Method ◽  
Stock Exchange ◽  
Company Size ◽  
The Capital Structure

This study examines the determinants of capital structure. The research object used is companies in the property and real estate sub-sectors listed on the Indonesia Stock Exchange (IDX) in the 2015-2017 observation year. With a purposive sampling method, which selects samples based on certain criteria. And selected a sample of 42 companies.  Data analysis uses multiple regression and moderated regression analysis (MRA). The results showed that the firm size and profitability had a significant effect on the capital structure while the asset structure variable had no effect on the capital structure. The study implications can be used by management and investors to determine the capital structure through company size and profitability.      

scholarly journals PENGARUH LIKUIDITAS, PROFITABILITAS, DAN STRUKTUR ASET TERHADAP STRUKTUR MODAL PERUSAHAAN

2021 ◽  
Vol 2 (2) ◽  
pp. 1-14
Author(s):  
Erni Kurniasari ◽  
Listiawati
Keyword(s):  
Capital Structure ◽  
Significant Influence ◽  
Sampling Method ◽  
Stock Exchange ◽  
Sample Selection ◽  
Coefficient Of Determination ◽  
Purposive Sampling ◽  
The Capital Structure

This research aims to determine the influence of liquidity, profitability, and asset structure on capital structure partially and simultaneously. The population in this research are pharmaceuticals companies listed on the Indonesian Stock Exchange in the period 2015-2019. The sample selection used purposive sampling method. The sample in this research are 7pharmaceuticals companies listed on the Indonesian Stock Exchange for 5 years in the period 2015-2019. Based on the results of this research, the researcher concludes that partiallyprofitability and asset structure have a significant influence on the capital structure, while liquidity has no significant influence on the capital structure. Simultaneously, liquidity, profitability, and asset structure have a significant influence on the capital structure. The coefficient of determination is 0,517, showed that liquidity, profitability, and asset structure have 51,7% to the capital structure, while 48,3% are determined by another variables.

FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN SUBSEKTOR PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA

2018 ◽  
Vol 3 (3) ◽  
pp. 423-430
Author(s):  
Siti Ruhana Dara ◽  
Mariah Mariah
Keyword(s):  
Regression Analysis ◽  
Real Estate ◽  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Company Size ◽  
Structure Variable ◽  
Size Variable ◽  
The Capital Structure

The purpose of this study is to examines the antesedents of capital structure. The object is 42 companies in the property and real estate sub-sectors listed on the Indonesia Stock Exchange (IDX) in 2015-2017 periods. Regression analysis was used to test the hypothesis. The results showed that the firm size variable had a significant effect on the capital structure, the profitability variable had a significant effect on the capital structure while the asset structure variable had no effect on the capital structure. And together with company size variables, profitability and asset structure affect the capital structure. Keywords: Profitability, Asset Structure, Capital Structure

scholarly journals PENGARUH PROFITABILITAS, STRUKTUR AKTIVA DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL PADA PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BEI 2013-2017

2020 ◽  
pp. 10-18
Author(s):  
Ariyanto Ariyanto
Keyword(s):  
Real Estate ◽  
Capital Structure ◽  
Stock Exchange ◽  
Financial Data ◽  
Financial Statement ◽  
Company Size ◽  
Correlational Research ◽  
Analysis Technique ◽  
Regression Test ◽  
Research Population

The purpose of this study is to describe (1) the effect of profitability, asset structure and company size on capital structure simultaneously, (2) Effect of profitability on capital structure, (3) Effect of asset structure towards capital structure, (4) Effect of firm size on capital structure. This research belongs to the type of correlational research. The population in this study is the Property and Real Estate Services Company listed on the Stock Exchange in 2013-2017 which has a total assets of at least 10 trillion. To determine the sample, researchers use financial statement data. The research sample was obtained from financial data found at www.idx.com. The research population was 8 companies in 5 periods. The data analysis technique used is the classic assumption test, multiple regression test, simultaneous F test, t test and determination test.

scholarly journals PENGARUH PROFITABILITAS, STRUKTUR AKTIVA DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL PADA PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BEI 2013-2017

2020 ◽  
Vol 1 (1) ◽  
pp. 10-19
Author(s):  
Ariyanto Ariyanto
Keyword(s):  
Real Estate ◽  
Capital Structure ◽  
Stock Exchange ◽  
Financial Data ◽  
Financial Statement ◽  
Company Size ◽  
Correlational Research ◽  
Analysis Technique ◽  
Regression Test ◽  
Research Population

The purpose of this study is to describe (1) the effect of profitability, asset structure and company size on capital structure simultaneously, (2) Effect of profitability on capital structure, (3) Effect of asset structure towards capital structure, (4) Effect of firm size on capital structure. This research belongs to the type of correlational research. The population in this study is the Property and Real Estate Services Company listed on the Stock Exchange in 2013-2017 which has a total assets of at least 10 trillion. To determine the sample, researchers use financial statement data. The research sample was obtained from financial data found at www.idx.com. The research population was 8 companies in 5 periods. The data analysis technique used is the classic assumption test, multiple regression test, simultaneous F test, t test and determination test.

scholarly journals PENGARUH UKURAN PERUSAHAAN DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN DENGAN DEWAN KOMISARIS INDEPENDEN SEBAGAI VARIABEL MODERASI

2020 ◽  
Vol 7 (2) ◽  
Author(s):  
Karolina Yunita Dir ◽  
Abdul Halim ◽  
Rita Indah Mustikowati
Keyword(s):  
Regression Analysis ◽  
Capital Structure ◽  
Firm Value ◽  
Sampling Method ◽  
Stock Exchange ◽  
T Test ◽  
Company Size ◽  
Company Value ◽  
Independent Variable ◽  
The Capital Structure

This study aims to explain and test how the influence of company size and capital structure on firm value with an independent board of commissioners as a moderating variable in banking companies listed on the Indonesia Stock Exchange in the period 2016-2017. This type of research is explanatory research, namely by using classical assumptions, using moderated regression analysis, and using the t test. The number of samples is 39 companies, and the sampling method is using purposive judgment sampling. The variables in this study consisted of company size and capital structure as an independent variable, company value as the dependent variable and the independent board of commissioners as moderation. The result of the analysis is that partially the size of the company affects the value of the company, the capital structure influences the value of the company, the independent board of commissioners strengthens the influence of the size of the company on the value of the company and the independent board of commissioners strengthens the effect of the capital structure on the value of the company.

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 Capital Structure Determinants in Property and Real Estate Company in 2013 to 2018

2020 ◽  
Vol 76 ◽  
pp. 01050
Author(s):  
Sautma Ronni Basana ◽  
Tiffany Tandarto ◽  
Christina Soehono
Keyword(s):  
Data Analysis ◽  
Real Estate ◽  
Capital Structure ◽  
Stock Exchange ◽  
The Other ◽  
Company Size ◽  
Business Risk ◽  
Tax Shield ◽  
Real Estate Company ◽  
The Capital Structure

This research is to recognize the factors supporting the property and real estate company in determining the capital structure composition. The population of this research is all the property and real estate company listed on the Indonesia Stock Exchange 2013 to 2018. There are 48 companies listed until 2019. The data analysis employs a stratum test. The results of this research are the company’s performance, profitability influencing the capital structure, growth that does not influence the capital structure, nondebt tax shield influencing capital structure, and liquidity does not influence capital structure. In the company’s risk, the collateral value of assets influences capital structure; on the other hand, the business risk does not influence the capital structure. In the company’s characteristics, company size does not influence the capital structure.

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