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

scholarly journals Pengaruh Profitabilitas, Struktur Aset, Likuiditas, Dan Pertumbuhan Penjualan Terhadap Struktur Modal Perusahaan Makanan Dan Minuman

2019 ◽  
pp. 641
Author(s):  
Gede Bagus Dwiputra Gunadhi ◽  
I Made Pande Dwiana Putra
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Negative Influence ◽  
Positive Influence ◽  
Sales Growth ◽  
Food And Beverage ◽  
The Capital Structure

The purpose of this research is to understand the effect of profitability, asset structure, liquidity, and sales growth on the capital structure of food and beverage companies listed on the IDX. This research was conducted at 19 food and beverage companies listed on the Indonesia Stock Exchange (IDX) in 2015-2017 by accessing the website www.idx.co.id. The sample used in this study was determined using a non probability sampling method by used purposive sampling technique, so the final sample used in this study amounted to 15 companies. The data collection method used is the nonparticipant observation method. The data analysis technique used is multiple linear regression analysis. The results of this study are that profitability and liquidity have a negative influence on the capital structure, while the asset structure and sales growth have a positive influence on capital structure. Keywords: Profitability, asset structure, liquidit,  sales growth, capital structure.

scholarly journals Pengaruh Profitabilitas, Likuiditas, Ukuran Perusahaan, Pertumbuhan Penjualan Dan Dividend Payout Ratio Terhadap Struktur Modal (Studi pada Perusahaan Property dan Realestate yang terdaftar di BEI tahun 2013-2017)

2019 ◽  
Vol 14 (1) ◽  
pp. 82-103
Author(s):  
Rahmadani ◽  
Rangga Putra Ananto ◽  
Wiwik Andriani
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Sales Growth ◽  
Dividend Payout ◽  
Net Profit ◽  
The Capital Structure

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

scholarly journals PENGARUH UKURAN PERUSAHAAN DAN RISIKO BISNIS TERHADAP STRUKTUR MODAL PADA PERUSAHAAN INDUSTRI OTOMOTIF YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 15 (2) ◽  
pp. 165-187
Author(s):  
Mohamad Ali Wairooy
Keyword(s):  
Capital Structure ◽  
Automotive Industry ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Business Risk ◽  
Exchange Data ◽  
The Capital Structure

This study aims to examine and analyze the effect of partially or simultaneously the size of the company and business risk on the capital structure of the Automotive Industry Company Registered on the Indonesia Stock Exchange. Data collection uses secondary data using purposive sampling technique. The population in this study were all automotive industry companies as many as 17 companies listed on the Indonesia stock exchange for the period 2014-2016, while the samples taken were the number of observations for 3 years (2014-2016). The data obtained were analyzed using multiple linear regression analysis. The results showed that all hypotheses had a positive and significant effect based on t test and F test. This means that both partially and simultaneously the size of the company and business risk had a positive and significant effect on the capital structure of the Automotive Industry Company Listed on the Indonesia Stock Exchange.

scholarly journals FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA

2016 ◽  
Vol 1 (2) ◽  
Author(s):  
Antoni Anton Toni
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Factors Affecting ◽  
Sample Data ◽  
Negative Effect ◽  
Asset Growth ◽  
The Capital Structure

<pre><strong><em>Abstract</em></strong></pre><p><em>The purpose of this research is to determine the factors affecting the capital structure of the company manufacturing them are effects aspect of liquidity, profitability and growth of the company, the size of the assets listed on the Indonesia stock exchange in the period 2010-2014. Methods of analysis used was multiple linear regression analysis of the denganjumlah sample data 90. The results showed, liquidity (CR) negative effect on capital structure, profitability (ROA) and significant negative effect against the capital structure of the company, the size of the enterprise and a significant positive effect on the company's capital structure of the company, and the growth of assets does not significantly affect the company's capital structure. The implications of the research can be concluded that the decrease in the capital structure of the company can be affected by the liquidity and profitability of companies. Further consideration should be long term investors in selecting the Issuers to invest, so the investment risk can be reduced and investment gains will accrue more maximum</em></p><pre><strong><em> </em></strong></pre><pre><em>Keywords: Capital Structure, aspects of liquidity, profitability, firm size and asset growth</em></pre><p><strong><em> </em></strong></p><p><strong><em>Abstrak</em></strong></p><p><em>Tujuan dari penelitian ini adalah untuk menentukan factor-faktor yang mempengaruhi struktur modal perusahaan manufaktur diantaranya efek aspek likuiditas, profitabilitas, ukuran perusahaan dan pertumbuhan aset yang terdaftar di Bursa saham Indonesia dalam periode 2010-2014. Metode analisis yang digunakan adalah analisis regresi linier berganda denganjumlah data sampel 90. Hasil penelitian menunjukkan, likuiditas (CR) efek negatif pada struktur permodalan, profitabilitas (ROA) dan efek negatif signifikan terhadap struktur modal perusahaan, ukuran perusahaan dan efek positif yang signifikan pada struktur modal perusahaan perusahaan, dan pertumbuhan aset tidak signifikan mempengaruhi struktur permodalan perusahaan. Implikasi penelitian dapat disimpulkan bahwa penurunan struktur permodalan perusahaan dapat dipengaruhi oleh likuiditas dan profitabilitas perusahaan perusahaan. Selanjutnya investor harus pertimbangan jangka panjang dalam memilih Emiten untuk berinvestasi, sehingga risiko investasi dapat dikurangi dan keuntungan investasi akan diperoleh lebih maksimal.</em></p><p><em><br />Kata kunci: Struktur Modal, aspek likuiditas, profitabilitas, ukuran perusahaan dan pertumbuhan aset</em></p>

scholarly journals PENGARUH UKURAN PERUSAHAAN, PERTUMBUHAN ASSET, PROFITABILITAS DAN PERTUMBUHAN PENJUALAN TERHADAP STRUKTUR MODAL PERUSAHAAN COSMETICS AND HOUSEHOLD DI BURSA EFEK INDONESIA

2017 ◽  
Vol 18 (01) ◽  
Author(s):  
Safitri Ana Marfuah Dan Siti Nurlaela
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Sales Growth ◽  
Return On Equity ◽  
Asset Growth ◽  
Independent Variable ◽  
The Capital Structure

Capital markets are trading activity related to capital, such as bonds and securities. This market serves to connect investors, companies and government institutions through long-term financial instruments trading. Capital structure decisions are not thorough and will result in high capital that will be received by the company and will affect the decline in profitability, it will threaten the company's financial position. This study has the objective to determine whether there is influence between the size of the company (firm size), the growth of assets (assets growth), profitability (return on equity) and sales growth (sales growth) on the capital structure (debt equity ratio) on a company to go public namely in the sectors listed Cosmetics and Houshold Indonesia Stock Exchange (BEI). The method used is quantitative, meaning researchers will quantify all of the data obtained. The samples used in this study 6 companies with the financial statements between 2010 to 2015. The sampling method in this research is purposive sampling with criteria in accordance with the objectives of the study. Analysis of the data used in this study using a method that consists of classic assumption test, multiple linear regression analysis, and test the hypothesis that simultaneous partial test and test. Results obtained from the partial test showed that the variables significantly influence the size of the company's capital structure. Asset growth variable has no significant effect on the capital structure. Variables significantly affect the profitability of capital structure. Variable sales growth known to have no significant effect on the capital structure. While the results obtained from testing simultaneously is the independent variable (the independent variable) used in this study (size of companies, growth in assets, profitability, sales growth) have a significant effect on the dependent variable (variable binder) that the capital structure.Keywords: firm size, asset growth, profitability, sales growth.

scholarly journals FAKTOR–FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN OTOMOTIF YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Author(s):  
Nur Istiqomah ◽  
Aminar Sutra Dewi
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Factors Affecting ◽  
Insignificant Effect ◽  
Optimal Capital ◽  
The Capital Structure

This assessment intends to analyze the factors affecting the capital structure. Automotive companies must have optimal capital and maximum corporate finance in order to obtain satisfactory results and avoid bankruptcy. The purpose of this study is to determine the effect of firm size on the capital structure, the influence of liquidity on the capital structure and the effect of profitability on the capital structure listed on the Indonesia Stock Exchange with a two-year study period, 2013 to 2016. With a sample of six companies, using a proposive sampling. The analysis method used is multiple linear regression analysis. The results showed that firm size did not have a positive and insignificant effect on capital structure, liquidity had positive and insignificant effect on capital structure, and profitability had no positive and insignificant effect on capital structure. Because profitability had increased, there is a decrease for long-term debt repayment.

scholarly journals Profitabilitas, Operating Leverage, Ukuran Perusahaan Pertumbuhan Penjualan pada Struktur Modal Perusahaan Perbankan

2020 ◽  
Vol 30 (12) ◽  
pp. 3066
Author(s):  
Kadek Angga Sintya Puspita ◽  
Gede Juliarsa
Keyword(s):  
Capital Structure ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Total Sample ◽  
Multiple Linear Regression Analysis ◽  
Company Size ◽  
Sales Growth ◽  
Negative Effect ◽  
Operating Leverage ◽  
The Capital Structure

This research was conducted to determine the effect of Profitability, Operating Leverage, Company Size and Sales Growth on the Capital Structure of Banking Companies. This research uses nonparticipant observation method. The sample used is 23 companies with a total sample of 115 observations in 5 years, through nonprobability sampling method with purposive sampling technique, and the number obtained is 115 observations. The data analysis technique used in this research is multiple linear regression analysis techniques. The results of this study indicate that profitability has a negative effect on the capital structure of banks. Operating leverage has a negative effect on the capital structure of banks. Firm size has a positive effect on banking capital structure. Sales growth has no effect on the banking capital structure. Keywords: Profitability; Operating Leverage; Company Size; Sales Growth.

ANALISIS NILAI PERUSAHAAN DARI ASPEK STRUKTUR MODAL, PERTUMBUHAN PENJUALAN, DAN KEBIJAKAN DIVIDEN PADA PERUSAHAAN FARMASI DI BEI PERIODE 2014-2019

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Fauzin Annisa ◽  
Agus Dwi Cahya
Keyword(s):  
Capital Structure ◽  
Firm Value ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Sales Growth ◽  
Company Value ◽  
Negative Effect

A pharmaceutical company is a healthcare company that focuses on researching, developing, and distributing drugs and/or medical devices. Firm value is the stock market value that reflects the wealth of the owner of a company. The purpose of this research is to examine whether capital structure, sales growth, and dividend policy have an influence on company value in the pharmaceutical sub-sector listed on the Indonesia Stock Exchange for the 2014-2019 period. The research population used is the pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange for the 2014-2019 period, totaling 12 companies. The sampling technique used purposive sampling and obtained 6 companies based on the criteria. The analytical method used in this research is multiple linear regression analysis assisted by the SPSS application system. The results showed that simultaneously capital structure, sales growth, and dividend policy have an influence on firm value. Partially the capital structure has a significant negative effect on company value. Sales growth partially has a positive and insignificant effect on company value. Partially the dividend policy has a significant positive effect on company value. Keywords: Capital Structure, Sales Growth, Dividend Policy, and Company Value.

scholarly journals Pengaruh Struktur Modal, Likuiditas, Pertumbuhan Perusahaan dan Profitabilitas Terhadap Nilai Perusahaan (Studi kasus pada Perusahaan Pertambangan Subsektor Batubara yang terdaftar di BEI)

2021 ◽  
Vol 1 (2) ◽  
Author(s):  
Ayu Kriwidianingsih ◽  
Prasetyo Nugroho
Keyword(s):  
Regression Analysis ◽  
Capital Structure ◽  
Firm Value ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Mining Companies ◽  
Analysis Technique ◽  
Company Growth

This study was to examine the influence of variable capital structure, liquidity, company growth and profitability on firm value.The population in this study were all coal mining companies listed on the Indonesia Stock Exchange in 2015-2019, totaling 23 companies. The sampling technique in this research is purposive sampling, so that the samples obtained in the study are 21 companies that are members of the coal sub-sector in 2015-2019. The data analysis technique is using classical assumption test and multiple linear regression analysis with the help of SPSS 16 for Windows application. The results of this study indicate that: Capital Structure, Liquidity, and company growth have a positive and not significant effect on firm value, while Profitability has a negative and significant effect on firm value in the mining sub-sector. coal listed on the Indonesia Stock Exchange 2015-2019.

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

2020 ◽  
Vol 7 (1) ◽  
Author(s):  
Melinda Permatasari ◽  
Sulistyo Sulistyo ◽  
Rita Indah Mustikowati
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
Company Size ◽  
Sales Growth ◽  
Simultaneous Test

This study discusses discussing and analyzing company size, profitability, asset structure, sales growth and liquidity towards capital structure, and partially addressing each variable. The population used by mining companies listed on the Indonesia Stock Exchange in the 2015-2017 period. The sampling technique uses a purposive sampling method, so the number of companies sampled is 18 companies. The data used are secondary data consisting of financial statements or financial statements for the year 2015-2017 which can be accessed through www.idx.co.id. The data analysis technique uses multiple linear regression analysis, which previously tested the classical, first tested the hypothesis using a partial test, simultaneous test (F test) and the coefficient of determination.The results of this study indicate company size, profitability, asset structure, sales growth and liquidity simultaneously on capital structure, company partial size, asset structure, and sales growth are positively related to capital structure, so that profitability and liquidity negatively affect capital structure

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