Good Corporate Governance, Profitabilitas, Ukuran Perusahaan dan Struktur Modal

2017 ◽  
Vol 9 (1) ◽  
pp. 1-17
Author(s):  
Hesty Juni Tambuati Subing
Keyword(s):  
Capital Structure ◽  
Board Of Directors ◽  
Firm Size ◽  
Stock Exchange ◽  
Secondary Data ◽  
Institutional Ownership ◽  
Annual Reports ◽  
Financial Reports ◽  
Basic Industry ◽  
The Capital Structure

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

scholarly journals Pengaruh Ukuran Dewan Direksi, Struktur Modal Dan Kebijakan Deviden Terhadap Nilai Perusahaan

2021 ◽  
pp. 24-31
Author(s):  
Hilda Mary ◽  
Nila Pratiwi ◽  
Dewi Andromeda
Keyword(s):  
Capital Structure ◽  
Board Of Directors ◽  
Firm Value ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Secondary Data ◽  
Annual Reports ◽  
Financial Reports ◽  
Independent Variables ◽  
The Board Of Directors

The study aimed was to analyze the effect of board size (UDD), capital structure (DER), and dividend policy (DPR) used as independent variables and firm value (PBV) used as the dependent variable. The data used are secondary data in the form of financial reports and annual reports from 2013 to 2017. The samples in this study were 100 companies listed on the Indonesia Stock Exchange. The results of the study indicate that the size of the board of directors (UDD) has a positive and significant effect on the value of the company. Capital structure (DER) which shows that it has a positive and significant effect on firm’s value (PBV). While Dividend Policy has a negative and significant effect on firm’s value (PBV).

scholarly journals The Influence of Financial Performance and Corporate Governance Mechanism on Capital Structure

2018 ◽  
Vol 7 (4) ◽  
pp. 400-413
Author(s):  
Emi Lusiana ◽  
Ketut Sudarma
Keyword(s):  
Data Analysis ◽  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Institutional Ownership ◽  
Governance Mechanism ◽  
Board Size ◽  
The Capital Structure

The research aims to determine whether asset structure, firm size, profitability, growth sales, board size, and institutional ownership on the capital structure. The population of this research are all mining and mining service companies listed in Indonesia Stock Exchange period 2012-2016. The sample are 27 companies, so the data observation as much as 135 data. The data analysis technique used was linier regression analysis with Random Effect Model approach. The result of data analysis showed that profitability and growth sales have significant affect on capital structure. Profitability have significant negative affect and growth sales have significant positive affect. The conclusion of this research showed that the capital structure on mining and mining service was influenced by profitability and growth sales, while asset structure, firm size, board size and institutional ownership did not have significant affect. The writer suggeststhat the company should improve profitability by increasing company’s sales and stable sales growth in order to reduce the company’s dependence on debt.

PENGARUH STRUKTUR MODAL, UKURAN PERUSAHAAN, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Maria Kopa
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Firm Value ◽  
Stock Exchange ◽  
Secondary Data ◽  
Coefficient Of Determination ◽  
Manufacturing Companies ◽  
Financial Reports ◽  
Company Value ◽  
Food And Beverage

The company has a specific goal by increasing the prosperity of its owners and shareholders through increasing company value. This study aims to determine the effect of capital structure (DER), firm size (total assets) and profitability (ROA) on firm value (PBV). The object of this study is the food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange (BEI) 2015-2019. This study used a purposive sampling method with several specified criteria, and a sample size of 12 companies, and obtained for five years from the annual financial reports, so that a total of 60 company samples. The type of data used in this study is secondary data, where the data obtained from a ready-made form, has been collected and has been processed by other parties in the form of a sample of company annual financial statements. To determine the effect of independent variables on dependent variables, the analysis method used is descriptive statistical test, classical assumptions, multiple regression analysis, hypothesis testing, t test, f test, and analysis of the coefficient of determination using the SPSS program. The results of this study indicate that capital structure has a positive and significant effect on firm value, firm size has a positive and significant effect on firm value, and profitability has a positive and significant effect on firm value.

scholarly journals The Effects of Managerial Ownership, Institutional Ownership, and Profitability on Capital Structure: Firm Size as the Moderating Variable

2020 ◽  
Vol 11 (4) ◽  
pp. 493
Author(s):  
Muhammad Khafid ◽  
Rida Prihatni ◽  
Ira Eva Safitri
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Institutional Ownership ◽  
Analysis Data ◽  
Managerial Ownership ◽  
Manufacturing Companies ◽  
Unit Of Analysis ◽  
Basic Industry

This study was to analyze the effects of managerial ownership, institutional ownership, and profitability on capital strucuture with firm size as the moderating variable. All manufacturing companies of basic industry and chemical sector listed on Indonesia Stock Exchange during the period of 2014-2017 were the population of the study. There were 66 taken as the samples by using purposive sampling technique. There were 39 companies as research samples and 115 as unit of analysis. Data were collected by documentation method. Then, data were analyzed by using descriptive statistics and inferential statistics. The results of the study indicated that managerial ownership and institutional ownership did not significantly affect capital structure, but profitability had a negative and significant effect on capital structure. Firm size did not have any moderating effect between managerial ownership and profitability on capital strucuture, but firm size moderated the effect between institutional ownership and capital structure. It was concluded that only profitability significantly influenced capital structure, and firm size was able to moderate the effect between institutional ownership and capital structure.

scholarly journals Timeliness and Relevance of Financial Reporting in Nigerian Quoted Firms

2017 ◽  
Vol 4 (2) ◽  
pp. 55 ◽  
Author(s):  
John Ohaka ◽  
Fyneface N. Akani
Keyword(s):  
Financial Reporting ◽  
Firm Size ◽  
Stock Exchange ◽  
Secondary Data ◽  
Primary Objective ◽  
Annual Reports ◽  
Board Independence ◽  
Financial Reports ◽  
Relationship Of ◽  
The Relationship

Financial accounting standards emphasize timeliness as one of the key components of decision-driven informationalrelevance. Accordingly, if information is not available as and when due but rather made available so late that it bears novalue for future action, then it is operationally irrelevant. To fulfil their primary objective and be useful, therefore,financial reports are expected to be characterized by relevance, reliability, completeness, and timeliness. Against thisbackground, this study examined the relationship of firm size and board independence respectively to the timeliness offinancial reporting in companies quoted on the Nigerian Stock Exchange (NSE). Secondary data pertaining to the firmswere derived from their annual reports and the NSE Fact Book for 12 years (2000-2011). Analysis of the research datainvolved test of multicollinearity, heteroskedasticity, and autocorrelation; while the multiple regression techniquefacilitated the test of research hypotheses. The results established a significant relationship between firm size andtimeliness of financial reporting; while in the case of board independence, the relationship was not significant.Consequently, it is recommended that regulatory bodies should ensure better of enforcement of standards relating totimeliness so that financial reports of the firms will be of higher value to key stakeholders.

scholarly journals ANALISIS PENGARUH KEPEMILIKAN INSTITUSIONAL, DIVIDEND PAYOUT RATIO, TANGIBILITY, DAN UKURAN PERUSAHAAN TERHADAP KEBIJAKAN UTANG PADA PERUSAHAAN PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2013 - 2015

2017 ◽  
Vol 14 (2) ◽  
pp. 145-166
Author(s):  
Loh Wenny Setiawati ◽  
Richardson Raymond
Keyword(s):  
Firm Size ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Institutional Ownership ◽  
Annual Reports ◽  
Mining Sector ◽  
Dividend Payout ◽  
The Government ◽  
Debt Policy

Peraturan Pemerintah (PP) Nomor 1 Tahun 2017 which has been officially legalized by the Government of Indonesia in effort to encourage the establishment of smelter facilities in the country have an impact on mining companies, especially on the company's debt policy. This research aims to study the effect of institutional ownership, dividend payout ratio, tangibility, and firm size on company debt policy as measured by debt ratio. This research uses multiple linear regression analysis with secondary data in the form of annual reports and audited financial statement from mining sector companies listed on the Indonesia Stock Exchange in 2013-2015 period. From total population of 43 companies in the mining sector, 32 companies were selected to be the sample of this research with a total of 96 observations in 3 years. The results of this research indicate that from the four independent variables tested, institutional ownership and dividend payout ratio has an influence on debt policy, while tangibility and firm size have no influence on debt policy.

scholarly journals ANALYSIS OF INFLUENCE OF CAPITAL STRUCTURE, COMPANY SIZE, COMPANY GROWTH AND PROFITABILITY ON CORPORATE VALUE

2020 ◽  
Vol 1 (1) ◽  
pp. 10-27
Author(s):  
Naning Tri Rahayu ◽  
Abu Darim
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Manufacturing Companies ◽  
Analytical Technique ◽  
Data Source ◽  
Company Growth ◽  
The Capital Structure

This study has a purpose to explain the significance of the effect of capital structure, firm size, company growth, and profitability affect partially or simultaneously on the value of manufacturing companies listed on the IDX. The population in this study were 144 manufacturing companies listed on the Stock Exchange, a sample of 74 companies during the study period namely 2010-2016 using purposive sampling method with predetermined criteria. The data source used in this study is secondary data. Multiple linear regression is the analytical technique used in this study. After testing, the results of the capital structure, company growth, and profitability are obtained simultaneously and have a significant effect on the value of the company. Partially the capital structure has a negative and significant effect on firm size, company growth and profitability have a positive and significant effect on the value of the company.

scholarly journals Determinan Struktur Modal Pada Perusahaan Yang Terdaftar Di Jakarta Islamic Index

2021 ◽  
Vol 10 (2) ◽  
pp. 200-214
Author(s):  
Yogi Saputra ◽  
Ummu Salma Al-Azizah ◽  
Yadi Nurhayadi
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Quantitative Research ◽  
Secondary Data ◽  
Gdp Growth ◽  
Linear Regression Method ◽  
Return On Assets ◽  
Financial Reports ◽  
Return On Equity ◽  
The Capital Structure

This study aimed to analyze the factors that influence the capital structure of companies listed on the Jakarta Islamic Index (JII). These factors consist of company size, return on assets (ROA), return on equity (ROE), inflation, and growth in the gross domestic product (GDP). This research is quantitative research with a purposive sampling method and obtained a sample of 9 companies. The data used is secondary data in financial reports on companies registered with JII in 2015-2019. Data analysis using the multiple linear regression method. The results showed that ROA had a significant adverse effect on the capital structure, ROE has a significant positive effect on the capital structure, firm size does not affect the capital structure, inflation does not affect the capital structure, GDP growth does not affect the capital structure. Simultaneously, firm size, ROA, ROE, inflation, and GDP growth significantly affect the capital structure.

scholarly journals Value of the Firm in Capital Structure Perspective

ECONOMICS ◽  
2018 ◽  
Vol 6 (1) ◽  
pp. 91-102
Author(s):  
◽  
Azhar Maksum ◽  
◽  
Keyword(s):  
Capital Structure ◽  
Path Analysis ◽  
Firm Size ◽  
Capital Market ◽  
Stock Exchange ◽  
Institutional Ownership ◽  
Tourism Industry ◽  
Return On Equity ◽  
Financial Report ◽  
The Capital Structure

SUMMARY This study aims to examine whether profitability, firm size, institutional ownership, growth affect the capital structure and whether profitability, firm size, institutional ownership, growth affect the value of the company through the capital structure. The sample used in this research is the tourism industry sector companies listed in Indonesia Stock Exchange 2007-2014 period, which has complete financial report and published in Indonesian Capital Market Directory (ICMD) as many as 19 companies. The data collected were analyzed using Path Analysis. Path analysis obtained that Return on Equity (ROE), Institutional Ownership (KIS), Growth Assets (GA) and Debt Asset Ratio (DAR) is the direction or positive with Value of the Firm (PRICE) where every increase ROE, KIS and GA followed by a rise in PRICE. On the other hand Firm Size (SIZE) has a negative relation to PRICE where every increase of SIZE is followed by decrease of PRICE.

scholarly journals Faktor – Faktor Yang Mempengaruhi Struktur Modal Pada Perusahaan Manufaktur Sektor Industri Dasar Dan Kimia Yang Terdaftar Di Bursa Efek Indonesia Periode 2014 – 2016

2019 ◽  
Vol 3 (2) ◽  
Author(s):  
Budhi Gunawan
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Business Risk ◽  
Financial Report ◽  
Basic Industry ◽  
Test Instrument ◽  
Industry Sectors ◽  
The Capital Structure

This study analyzes the factors that affected the capital structure of chemicals and basic industry sectors from manufacturing companies which were listed on the Indonesia Stock Exchange during 2014-2016. The study were conducted by examining the effect of firm size, liquidity, profitability, business risk, and asset structure on capital structure. This data were collected from the financial report of 27 manufacture basic industry and chemicals sectors which were listed on Bursa Efek Indonesia in 2014-2016. The multiple regressions analysis and classic assumption test have been performed by sing SPSS 22.0 version statistic test instrument. The result of the research shows that the research regression model has fulfilled the requirements there are no symptoms of multicollinearity, heteroscedasticity, and correlation and the in used file is normally distributed. The result of the research shows: profitability, firm size, liquidity, business risk, asset structure has significant influence to the capital structure.

Sign in / Sign up

Export Citation Format

Share Document