scholarly journals Determination of Islamic Capital Structure: A Literature Review

2021 ◽  
Vol 7 (1) ◽  
pp. 146
Author(s):  
Muhammad Anwar Fathoni ◽  
Tasya Hadi Syahputri

This study aims to examine the capital structure in Islamic economics, in terms of components, characteristics and factors that affect the capital structure. This research is a literature study that used a descriptive-qualitative approach. The data used in this research is secondary data. The results show that the decision to formulate the capital structure must be made appropriately so that the company avoids various risks. The capital structure in Islam prohibits the elements of Maysir, Gharar, Riba in it. In general, the factors that influence the capital structure are liquidity, profitability, sales growth and asset structure. However, it all returns to the types and characteristics of the company and the company's management decisions.

Author(s):  
Eva Hardianti

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.


2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Mutiara Putri Astiana

The researchhwas conducted to test whether there is anneffect of profitability (Return OnnAssets), asset structure, salesggrowth and liquidity (CurrentrRatio) on the capital structure (Debt tooEquity Ratio) in food anddbeverage sub-sector companiesslisted on theeIndonesia Stock Exchange (IDX) from 2015-2019. This type of research is descriptiveqquantitative with appopulation of 26ccompanies and the sample used is 10 companies usinggpurposiveesampling method and obsevations for 5 years so that 50 observationalddata are obtained. Secondary data were obtained from the officialwwebsite of the IndonesiasStock Exchange. The analysis technique uses multiple linier regression analysis with the SPSS 15 program. Based on the resultsoof theeanalysis, it can be concluded that profitability anddliquidity have a signicanteeffect on capital structure, while assetsstructure and salesggrowth has noosignificant effectoon capitalsstructure. Keywords: ROA. Asset structure, Sales growth. CR, DER


2019 ◽  
Vol 3 (1) ◽  
pp. 16-29
Author(s):  
Jordy Mojo ◽  
Danang Harito Wibowo

This study discusses the architectural work of an office named @Batubata, owned by the architectural firm Studio Air Putih. The object was chosen because it won two prestigious awards in the best office category and a lot of media coverage. It's just that there are no studies that discuss the office academically and in detail. So in this study review looking for the main characteristics of the Studio Air Putih office by dissecting and deciphering the building elements using the Archetype understanding of Thomas Thiis Evansen's thoughts. This study uses a descriptive qualitative approach where primary data is obtained through observation and interviews. Literature study was conducted to obtain secondary data.


2020 ◽  
Vol 12 (2) ◽  
pp. 294-312
Author(s):  
Monica Setiawati ◽  
Elvira Veronica

The purpose of this research is to analyze the influence of profitability, asset structure, company size, business risk, sales growth, company growth and liquidity of the capital structure. The method used in this study is purposive sampling. The number of samples studied in this study was as much as 210 samples. The collection of data used in this study of secondary data came from the 70 financial statements of the service sector company in the period 2016-2018. Analysis of data from this study uses multiple linear regression. Based on the results of the study concluded that the asset structure has a significant positive influence on the capital structure, company growth and liquidity significantly negative effect on the capital structure, while the profitability, company size, business risk and sales growth has no influence on the capital structure. Keywords: Profitability, Asset Structure, Company Size, Business Risk, Sales Growth, Company Growth, Liquidity and Capital Structure


2019 ◽  
Vol 14 (1) ◽  
pp. 82-103
Author(s):  
Rahmadani ◽  
Rangga Putra Ananto ◽  
Wiwik Andriani

This study aims to determine the effect of profitability, liquidity, firm size, sales growth, and dividend payout ratio on capital structure. The sampling technique uses purposive sampling method so that a sample of 28 property and realestate companies are listed on the Indonesia Stock Exchange during the 2013-2017 period. The type of data used is secondary data in the form of annual financial statements of property and realsetate companies in 2013-2017. Data analysis method used is multiple linear regression analysis using SPSS version 20. The results of this study indicate that partially profitability proxied by net profit margin (NPM) does not affect the capital structure, liquidity is proxied by the current ratio (CR) effect on the capital structure, the size of the company which is proxied by total assets (Ln TA) does not affect capital structure, sales growth that does not affect the capital structure, dividend payout ratio does not affect the capital structure. Simultaneously profitability, liquidity, company size, sales growth and dividend payout ratio affect the capital structure


2015 ◽  
Vol 6 (3) ◽  
pp. 365
Author(s):  
Dominica Rufina ◽  
Stefanus Ariyanto ◽  
Theresia Lesmana

This study aims to determine the factors of ROA, Asset Structure, Sales Growth, and Firm Size affecting Capital Structure. The population in this study is the companies included in the Index LQ45 Indonesia Stock Exchange from the period 2011 to 2013, the data of a total of 270 listed companies in LQ45 during that period, only 90 corporate data that successively included in the index LQ45. The data used in this study uses secondary data from the Indonesia Stock Exchange website www.idx.co.id. In the process of data analysis and testing the assumptions of classical hypothesis testing using multiple linear regression analysis using SPSS v20.00. The results showed that partially variable ROA, Asset Structure, and Firm Size has a significant influence on the Capital Structure, Growth Sales whereas variable has no influence on the Capital Structure. Simultaneously ROA, Asset Structure, Sales Growth, and Firm Size effect on Capital Structure.


2019 ◽  
Author(s):  
Yan Irianis

The purpose of research with the title the influence of sales growth, business risk, and asset structure on the capital structure in manufacturing company consumer goods industry sectors listed on the Indonesia Stock Exchange to find out (a) the effect of sales growth on the capital structure, (b) the effect of business risk on the capital structure, (c) the effect of asset structure on the capital structure, (d) the effect of sales growth, business risk, and asset structure simultaneously on the capital structure.This research use correlational research. The type of data used is secondary data and data collection techniques used was the nonparticipant observation method. Analysis used in this research is the classical assumption test, multiple linear regression analysis, hyphotesis test, coefficient determination test, and descriptive statistics test.Based on multiple regression coefficient test the sales growth has a significant level0.013, business risk has a significant level 0.000, and asset structure has a significant level0.000. Whereas the f test results showed a significant level 0.000. The result of the test the coefficient determination that sales growth, business risk, and asset structure had effect on the capital structure of 49.3%.The result can be concluded sales growth have influence on capital structure, business risk have influence on capital structure, and asset structure have influence on capital structure, because it has significant levels < 0.05. Based on the f test result simultaneously sales growth, business risk, and asset structure have influences on capital structure, because it has significant 0.000 < 0.05.


2017 ◽  
Vol 9 (1) ◽  
pp. 1-17
Author(s):  
Hesty Juni Tambuati Subing

The purpose of this research is to know about the effect of these factors Corporate Governane proxy by Institutional Ownership and Number of Board of Directors, Firm Size, and Return On Asset in basic industry and chemistry towards capital structure, and also to determine which of those factors having powerful effect to the capital structure. This research is using secondary data, such as the financial reports, annual reports and other related information of basic industry and chemistry listed in Indonesian Stock Exchange which sample were taken from 45 companies for the period of 2013 to 2014, and the choosing of these samples was based on the purposive sampling method. Panel data is used to test the effect of Institutional Ownership, Board of Directors, Return on Asset and Firm Size among as independent variables, in regard to capital structure as dependent variables. The result shows that only Return On Asset have significant effect to the Capital Structure in the basic industry and chemistry. Meanwhile Institutional Ownership, Board of Directors and Firm Size have no effect to the Capital Structure in the basic industry and chemistry. Keywords: Institutional Ownership, Board of Directors, Return On Asset, Firm Size, Capital Structure


2021 ◽  
Vol 9 (03) ◽  
pp. 84-94
Author(s):  
Kiki Yulianto ◽  
◽  
Sukardi a ◽  
Nastiti Siswi Indrasti ◽  
Sapta Raharja ◽  
...  

Interest-free financing in agro-industry is an exciting topic that has been developed by many researchers, but there is no clarity regarding the road map for future research. Therefore, formulations such as concepts, theories, methods, and research gaps, focusing on interest-free financing in agro-industry, are essential. This literature study was conducted using a systematic literature review method. The data used are secondary data from textbooks, theses/dissertations, conference papers, journals, scientific articles, and working papers. This study resulted in the formulation of the theory, concepts, and methods studied in the form of an explanation of 8 sub-topics of research gaps supported by references and explanations of state of the art. They are making it easier for researchers who have the same interest in developing and looking for novelties with the topic of interest-free financing research in the agro-industry.


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