scholarly journals PENGARUH RETURN ON ASSET, CURRENT RATIO, SIZE DAN GROWTH TERHADAP STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2013 - 2015

2018 ◽  
Vol 14 (1) ◽  
Author(s):  
. Lina ◽  
Afriza Amir
Keyword(s):  
Negative Affect ◽  
Capital Structure ◽  
Stock Exchange ◽  
Test Results ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Financial Reports ◽  
Ratio Size ◽  
Manufacturing Company ◽  
Size Growth

This study aims to test and analyze the effect of Return on Asset, Current Ratio, Size and Growth on Capital Structure in manufacturing company listing in Indonesia Stock Exchange in years 2013 - 2015. In this Research there is 151 population of manufacturing company listing in Indonesia Stock Exchange in years 2013 - 2015. The sample of this research amounted to 183 financial reports from 61 manufacturing companies listing in Indonesia Stock Exchange in years 2013 - 2015. The test results which are the research conclusions are Return on Asset and Current Ratio partially shows negative affect and significant toward Capital Structure in manufacturing company listing in Indonesia Stock Exchange in years 2013 - 2015. Size and Growth no affect toward Capital Structure in manufacturing company listing in Indonesia Stock Exchange in years 2013 - 2015.Return on Asset, Current Ratio, Size dan Growth simultaneously showsaffect and significant the Capital Structure in manufacturing company listing in Indonesia Stock Exchange in years 2013 - 2015.Keywords : Return on Asset, Current Ratio, Size, Growth and Capital Structure

scholarly journals STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN

2008 ◽  
Vol 7 (1) ◽  
Author(s):  
Masdar Mas’ud
Keyword(s):  
Capital Structure ◽  
Financial Distress ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Company Value ◽  
Growth Opportunity ◽  
Tax Shields ◽  
Manufacturing Company ◽  
Size Growth ◽  
The Capital Structure

The study attempts to analyze the factors of capital structure determiner and its impact on company value. The research aims at examining and analyzing the effect of profitability, size, growth opportunity, asset structure, cost of financial distress, and tax shields effects as the capital structure determiners on the manufacturing companies registered at Indonesia Stock Exchange. The differences between the factors of capital structure determiners (consisting of profitability, size, growth opportunity, asset structure, cost of financial distress, and tax shields effects) and the value of manufacturing companie registered at Indonesia Stock Exchange. The sample includes 59 companies registered at Indonesia Stock Exchange the data analysis instrument employed was Structural Equation Modeling (SEM) and t-test. The results of the research indicate that the factors of capital structure determiners, which have significant effect on capital structures, are profitability, size, growth opportunity, asset structure and cost of financial distress. The exception may be tax shields effects, which do not give significant effect at all on capital structure. The latter becomes evident because the depreciation and amortization rates of the registered Indonesia manufacturing company do not seem significant to contribute to company cash flow so that it stands out of company debt proportion.The factors of capital structure determiners with significant effect on capital structures involve profitability, size, asset structure, and cost of financial distress and tax shields effects. Size and growth opportunity do not have significant effect on the capital structure because manufacturing companies consider financing their investment using equity financing to deal with little financial risk regardless the size of company. It shows that there is a similarity on these factors of capital structure determiner between manufacturing company registered at Indonesia Stock Exchange the insignificantly defferent determiner factors pertain to growth opportunity, asset structure and company value. Meanwhile, the difference also develops between the factors of capital structure determiner in the manufacturing company registered at Indonesia Stock Exchange. The significantly different determiner factors will be profitability, size, cost of financial distress; tax shields effects and capital structure.

scholarly journals Pengaruh Ukuran Perusahaan, Struktur Aset, Pertumbuhan Penjualan, Profitabilitas dan Current Ratio terhadap Struktur Modal Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia

2020 ◽  
Vol 4 (1) ◽  
pp. 156-166
Author(s):  
Bayu Wulandari ◽  
Veronika Marsaulina Lumbantoruan Lumbantoruan ◽  
Jelita Wanna Naibaho ◽  
Winna Regina ◽  
R. Chairuddin Zufriansyah ◽  
...  
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Company Size ◽  
Sales Growth ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Financial Reports ◽  
The Capital Structure

The amount of assets owned by the company is the value of the size of the company. This study aims to test whether company size, asset structure, sales growth, profitability and current ratio have an influence on the capital structure of manufacturing companies listed on the Indonesia Stock Exchange (BEI). This type of research is quantitative descriptive, using 144 manufacturing companies listed on the IDX. This study uses a sampling method, namely purposive sampling and has obtained as many as 216 samples. This study uses data in the form of annual financial reports from each sample company published on the website www.idx.co.id. The variables related to this study are company size, asset structure, profitability, sales growth, and current ratio. The research method used is descriptive method and multiple linear regression analysis method. The results showed that Company Size, Asset Structure, Profitability and Current Ratio had no significant effect on capital structure. Meanwhile, sales growth has a significant effect on the capital structure. Simultaneously, Company Size, Asset Structure, Profitability, Sales Growth and Current Ratio together have a significant and significant effect on the company's capital structure as measured by the capital structure listed on the IDX.  Keywords: Company Size, Asset Structure, Sales Growth, Profitability, Current Ratio, and Capital Structure.

scholarly journals THE EFFECT OF ASSET STRUCTURE, PROFITABILITY, COMPANY SIZE, AND COMPANY GROWTH ON CAPITAL STRUCTURE (The Study of Manufacturing Companies Listed on the IDX for the Period 2013 - 2017)

2019 ◽  
Vol 27 (2) ◽  
pp. 123
Author(s):  
Hilma Faza Ariyani ◽  
Irene Rini Demi Pangestuti ◽  
Susilo Toto Raharjo
Keyword(s):  
Capital Structure ◽  
Sampling Method ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Financial Reports ◽  
Normality Test ◽  
And Performance ◽  
Company Growth ◽  
Positive Effect ◽  
The Capital Structure

The purpose of this study was to determine and examine the effect of asset structure, profitability, firm size and company growth on the capital structure of manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2013 – 2017. The sampling method used was purposive sampling that was 52 companies in the criteria. Data obtained from the Financial Reports and Performance Reports published in the Indonesian Capital Market Directory (ICMD). The analytical tool that used is multiple regression. Hypothesis testing is done by the F test, t-test and determination coefficient. For the classical assumption, the test is done by the normality test, autocorrelation test, multicollinearity test, and heteroscedasticity test. The analysis of asset structure has a positive effect on the capital structure and not significant to the capital structure, profitability has a negative and significant effect on the capital structure, the size of the company has a positive and significant effect on the capital structure, and the company’s growth has a negative and significant effect on the capital structure. 

scholarly journals ANALISIS PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN, PERTUMBUHAN PERUSAHAAN, DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

2021 ◽  
Vol 17 (2) ◽  
pp. 157-174
Author(s):  
Karen Trifena Thio ◽  
Caecilia Atmini Susilandari
Keyword(s):  
Linear Regression ◽  
Capital Structure ◽  
Firm Value ◽  
Stock Exchange ◽  
Research Result ◽  
Value Added ◽  
Manufacturing Companies ◽  
Independent Variables ◽  
Size Growth ◽  
Manufacture Firm

This research aims to analyse the development of firm value of the manufacture companies. Based on the data of the Indonesian Ministry of Industry, it shows that value added for manufacturing companies increase, and also increase the contribution of manufacture companies to the development of economic of Indonesia.  Profitability, size, growth, and capital structure as independent variables are used to identify the influence of manufacture firm value. There shall be 166 samples of listed manufacture companies in Indonesia Stock Exchange in 2014-2018 which suit for criteria needed, and the data processing using multiple linear regression.  The research result shows that only profitability and size variables which have positive significant influences to firm value variable on t- test. Besides, growth and capital structure variables are vice versa.

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 Pengaruh Perusahaan Terhadap Kebijakan Dividen Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia

2021 ◽  
Vol 4 (2) ◽  
pp. 401-409
Author(s):  
Bayu Wulandari ◽  
Mettania Kirana ◽  
Helnia Oktavia Sitanggang ◽  
Jayana Jayana
Keyword(s):  
Firm Size ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Descriptive Analysis ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Financial Reports ◽  
Descriptive Research ◽  
Negative Effect ◽  
Quantitative Descriptive

This research was aimed to evaluate whether there is a Leverage, Total Assets Turnover, Earning per Share, Current Ratio, Profitability, and Firm Size have related to dividend policy of manufacturing companies which is registered on Indonesia stock exchange in period 2017-2019. This research is included in type of quantitative descriptive research which uses data from 162 manufacturing companies that is registered on Indonesia stock exchange in period 2017-2019. This research also uses purposive sampling method that have 52 samples. Data in this research are all of the financial reports from each company that is published  on www.idx.co.id. The variables related in this research are leverage, tato, eps, current ratio, profitability, and firm size. The research’s method uses descriptive analysis and multiplelinear regression analysis. The result of this study shows that Leverage have a negative effect to dividend policy, Total Assets Turnover have a negative effect to dividend policy, Earning per Share does not have a negative and significant to dividend policy, Current Ratio have a negative effect to dividend policy, Profitability does not make a significant contribution to dividend policy, and Firm Size does not have a negative and significant to dividend policy of manufacturing companies on Indonesia stock exchange. Simultaneously, Leverage, Total Assets Turnover, Earning per Share, Current Ratio, Profitability, and Firm Size together have a significant with dividend policy of manufacturing companies on Indonesia stock exchange. Keywords : Leverage, Total Assets Turnover, Earning per Share, Current Ratio, Profitability, Firm Size, and Dividend Policy.

Faktor-Faktor Yang Mempengaruhi Struktur Modal Pada Perusahaan Manufaktur Yang Go Public

Liquidity ◽  
2018 ◽  
Vol 5 (1) ◽  
pp. 19-26
Author(s):  
Nelyumna Nelyumna
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Confidence Level ◽  
Stock Exchange ◽  
Sampling Technique ◽  
T Test ◽  
Test Results ◽  
F Test ◽  
Purposive Sampling ◽  
Manufacturing Company

The purpose of this research was to analyze the influence of asset structure, liquidity, profitability, and firm size on capital structure. The sample used in this study is manufacturing company listed on the Indonesia Stock Exchange (IDX) 2012-2014. Samples were taken by purposive sampling technique. F test results indicate that the asset structure, liquidity, profitability, and firm size set significant effect on capital structure in manufacturing company listed on the Indonesia Stock Exchange (IDX) with a confidence level of 95%. t test results showed that variables asset structure, liquidity, profitability, and firm size thatsignificantly affect the capital structure of the companies listed in Indonesia Stock Exchange (IDX) with a confidence level of 95%.

scholarly journals The Effect of Current Ratio, Return on Assets, Total Asset Turnover and Sales Growth on Capital Structure in Manufacturing Company

2020 ◽  
Vol 4 (3) ◽  
pp. 489
Author(s):  
Mohd. Nawi Purba ◽  
Erika Kristiany Br Sinurat ◽  
Ahmad Djailani ◽  
Winda Farera
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Total Asset ◽  
Sales Growth ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Current Ratio ◽  
Asset Turnover ◽  
Turn Over ◽  
The Capital Structure

This study aimed to determine how much effect the Current Ratio, Return on Assets, Total Asset Turnover and Sales Growth have on the Capital Structure of manufacturing companies listed on the IDX from 2016 to 2018. The research method used was descriptive method and multiple linear analysis method. The population of this study was 144 companies with a sample of these companies, namely 73. The data used were financial reports published by the Indonesia Stock Exchange through the website www.idx.co.id. The variables related to this research are the Current Ratio, Return on Assets, Total Asset Turnover, and Sales Growth. The results showed that partially Current Ratio has a negative and significant effect on Capital Structure, Return on Asset did not have a significant effect on Capital Structure, and Total Asset Turn Over has no significant effect on Capital Structure, and Sales Growth has no significant effect on Capital Structure in manufacturing companies listed on the Indonesia Stock Exchange. Simultaneously Current Ratio, Return on Asset, Total Asset Turn Over and Sales Growth together have a significant effect on the capital structure of companies listed on the Indonesia Stock Exchange.

scholarly journals Pengaruh Kebijakan Deviden, Profitabilitas Dan Struktur Kepemilikan Institusional Terhadap Struktur Modal Dan Nilai Perusahaan

2016 ◽  
Vol 2 (2) ◽  
pp. 100-108
Author(s):  
Idel Waldelmi
Keyword(s):  
Capital Structure ◽  
Ownership Structure ◽  
Stock Exchange ◽  
Institutional Ownership ◽  
Significance Test ◽  
Test Results ◽  
Manufacturing Companies ◽  
Company Value ◽  
Anova Table ◽  
Coefficient Of Regression

Abstract: The present research was set to investigate the effect of dividend policy, profitability dan institutional ownership structure to the capital structure and company value of manufacturing companies listed at Indonesia Stock Exchange. The sample consisted of 78 manufacturing companies which were selected using a purposive sampling technique.  The data source came from Indonesia Stock Exchange and ICMD (2010 – 2012) dan emittent financial data. The data were analyzed with path analysis which was applied withSPSS software, the hypotheses were tested using a t-test. The results show that (1) The significance test results of ANOVA table indicated significance value for 0.645, where 0.645 > 0.05. Thus, Ho was accepted and Ha was rejected. It means that the coefficient of regression was not significant. The conclusion was that variables X1, X2 and X3 had no effect or contribution to variable Y. (2) The significance test results of ANOVA table indicated the significance value for 0.000, where 0.000 <0.05. Thus, Ho was rejected and Ha was accepted. It means that the coefficient of regression was significant. Thus, the conclusion was that variables Y1, X1, X2 and X3 had effects or contributions to variable Y2. Keywords: dividend policies, profitability, institutional ownership structure, capital structure and company value

scholarly journals Pengaruh Current Ratio Dan Debt To Equity Ratio Terhadap Profitabilitas ( ROE)

2021 ◽  
Vol 4 (2) ◽  
pp. 828-837
Author(s):  
Yosi Tiani ◽  
Nanu Hasanuh
Keyword(s):  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Test Results ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Return On Equity ◽  
Independent Variables ◽  
Equity Ratio ◽  
The Relationship

This study aims to prove and analyze the effect of Current Ratio and Debt to Equity Ratio to Return on Equity in basic industrial and chemical sub-sector manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2018.These are 76 companies listed on the Indonesia Stock Exchange 2016-2018. Of the 76 listed companies, 10 companies were selected using purposive sampling. The data used in this study are secondary data, with how to collect the information needed from idx in the form of financial statements for 2016-2018. The method used to analyze the relationship between independent variables with the dependent variable is multiple regression method, and assumption test. Results of the discussion shows that simultaneously the independent variables: Current Ratio and Debt to Equity Ratio with the F test, jointly affects the Return on Equity. Result partially with the t test, the variable Current Ratio and Debt to Equity Ratio have an effect against Return on Equity. Keywords : ROE, Debt to Equity Ratio, Current Ratio

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