PENGARUH STRUKTUR AKTIVA DAN PERTUMBUHAN PENJUALAN TERHADAP STRUKTUR MODAL

The purpose of this research is to exemine the effect of asset structure and sales growth to the capital structure. The data in this research is the secondary data by using financial statement data. The population in this research were companies which are listed in the Indonesia Stock Exchange with the mining sector from 2014 to 2018. The sample collection technique has been done by using purposive sampling and 8 (eight) companies which meet the criteria have been selected as the research samples. The measurement of capital structure has been done by Debt to Equity Ratio (DER). The analysis has been done by using multiple linear regression. The result of the research shows the partial regression analysis is asset structure significant effect on capital structure with significance 0,317 > 0,05 and sales growth significant effect on capital structure with significance 0,039 < 0,05. While the results obtained simultaneously variable asset structure and sales growth significantly influence capital structure with significance 0,039 < 0,05.

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Determinants of Capital Structure Using Profitability as Moderating in Indonesia’s Property and Real Estate Firms

Emerging Markets Business and Management Studies Journal ◽

10.33555/embm.v8i2.175 ◽

2021 ◽

Vol 8 (2) ◽

pp. 73-88

Author(s):

Cecilia Anggie O. Tamba ◽

Purwanto Purwanto

Keyword(s):

Real Estate ◽

Capital Structure ◽

Firm Size ◽

Quantitative Research ◽

Stock Exchange ◽

Financial Statement ◽

Observation Data ◽

Sales Growth ◽

Business Risk ◽

Equity Ratio

The research aim is to examine determinant factors of Indonesia's property and real estate firms capital structure listed in the Indonesia Stock Exchange. This is a quantitative research which taken 72 observation data from 12 companies audited financial statement and fulfilled certain criteria. Processing through classical assumption tests and multivariate analysis with the help of the EViews 10 software instrument. The results show that tangibility assets, business risk, and firm size have a significant influence on capital structure partially, but sales growth and liquidity have insignificant. The determination coefficient is 42.83% and the proportion is included in the strong criteria. Profitability as a moderating variable weakens the effect of business risk but strengthens the effect of firm size on the debt to equity ratio, further determining the company's ability to pay off its debt which is of great concern to investors and creditors. Furthermore, as a consideration for choosing the composition of a good funding decision in Indonesia.

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Pengaruh Earning Per Share, Debt To Equity Ratio Dan Return On Equity Terhadap Saham LQ45

Jurnal Ilmiah Bisnis dan Ekonomi Asia ◽

10.32812/jibeka.v12i2.9 ◽

2018 ◽

Vol 12 (2) ◽

pp. 66-75

Author(s):

Rini Trah Purboyanti ◽

Ahmad Nizar Yogatama

Keyword(s):

Regression Analysis ◽

Linear Regression ◽

Stock Prices ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Financial Statement ◽

Return On Equity ◽

Analysis Technique ◽

Equity Ratio

This study aims to analyze how much Earning Per Share, Debt to Equity Ratio and Return On Equity to stock prices in companies indexed by the 2015-2017 LQ45 period. The population of this study is the LQ45 company that is consistently indexed in 2015-2017. The sample of this study uses purposive sampling. The sample in this study were 35 companies. The type of data used is secondary data derived from a summary of financial statement records. The analysis technique uses multiple linear regression analysis. The results of the study found that Earning Per Share had an effect on stock prices, while Debt to Equity Ratio and Return On Equity had no effect on stock prices for LQ45 indexed companies consistently in the 2015-2017 period.

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Pengaruh Struktur Modal Terhadap Profitabilitas (Studi Pada Perusahaan Pertambangan Yang Terdaftar di Bursa Efek Indonesia Periode 2011-2015)

Jurnal Riset Bisnis dan Investasi ◽

10.35313/jrbi.v3i3.948 ◽

2018 ◽

Vol 3 (3) ◽

pp. 89-98

Author(s):

Mitha Rahma Fauzan ◽

Mukaram

Keyword(s):

Regression Analysis ◽

Capital Structure ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Two Dimensions ◽

Return On Assets ◽

Return On Equity ◽

Equity Ratio

Capital structure is one of the issue that attract many researchers in the field of finance and an important issue for any company because of its capability to directly effect on companies’ financial position. This study aims to determine the effect of debt to equity ratio (DER) and debt to assets ratio (DAR) as the dimension of capital structure to return on equity (ROE) and return on assets (ROA) as dimensions of company profitability ratios, either simultaneously or partially on mining companies listed in Indonesia Stock Exchange period 2011-2015. This research was conducted by using multiple linear regression analysis and yielded two equations of regression model. The data obtained are secondary data using documentation method. The result of regression analysis shows that the two dimensions of capital structure have significant effect to both dimensions of profitability simultaneously. While partially, only DAR which have a significant effect on the ROE and ROA.

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PENGARUH PROFITABILITAS, STRUKTUR AKTIVA, PERTUMBUHAN PENJUALAN DAN LIKUIDITAS TERHADAP STRUKTUR MODAL (Perusahaan Subsektor Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Periode 2015-2019)

JURNAL ILMIAH EDUNOMIKA ◽

10.29040/jie.v5i1.1867 ◽

2021 ◽

Vol 5 (1) ◽

Author(s):

Mutiara Putri Astiana

Keyword(s):

Regression Analysis ◽

Capital Structure ◽

Stock Exchange ◽

Secondary Data ◽

Sales Growth ◽

Analysis Technique ◽

The Capital Structure

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

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PENGARUH DIVERSIFIKASI OPERASIONAL DAN PROFITABILITAS TERHADAP STRUKTUR MODAL PADA PERUSAHAAN BUMN SEKTOR PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

INVOICE : JURNAL ILMU AKUNTANSI ◽

10.26618/inv.v2i1.3185 ◽

2020 ◽

Vol 2 (1) ◽

pp. 62-76

Author(s):

Mohamad Ali Wairooy

Keyword(s):

Regression Analysis ◽

Linear Regression ◽

Capital Structure ◽

Banking Sector ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Sampling Technique ◽

Multiple Linear Regression Analysis ◽

Exchange Data

This study aims to examine and analyze the effect of operational diversification and profitability on capital structure in state-owned banking companies listed on the Indonesia stock exchange. Data collection uses secondary data by using purposive sampling technique. The population in this study were all state-owned banking sector companies listed on the Indonesia stock exchange during the period 2008-2016 a total of 41 companies, while the sample taken met the criteria of 4 companies the number of observations for 9 years (2008-2016). The data obtained were analyzed using multiple linear regression analysis. The results showed that all hypotheses had a positive and significant effect based on the F test and t test. This means that both simultaneous and partial operational diversification and profitability have a positive and significant effect on the capital structure of state-owned banking companies listed on the Indonesia stock exchange.

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UKURAN PERUSAHAAN MEMODERASI PENGARUH STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN

Adbis: Jurnal Administrasi dan Bisnis ◽

10.33795/j-adbis.v13i2.74 ◽

2020 ◽

Vol 13 (2) ◽

pp. 156

Author(s):

Aprih Santoso ◽

Teti Susilowati

Keyword(s):

Capital Structure ◽

Firm Value ◽

Stock Exchange ◽

Sample Selection ◽

Secondary Data ◽

Financial Statement ◽

Test Results ◽

Negative Effect ◽

Equity Ratio ◽

The Relationship

The purpose of this study is to analyze the effect of capital structure (debt equity ratio / DER) on firm value (per book value / PBV) with firm size (SIZE) as a moderating variable. This study uses secondary data obtained from LQ 45 companies listed on the Indonesia Stock Exchange in 2015-2018. The population in this study is LQ 45 companies listed on the Indonesia Stock Exchange in the period 2015-2018. The reasons or sample selection based on certain criteria are based on: Companies that are LQ 45 companies listed on the Indonesia Stock Exchange during the 2015-2018 period and who already have and submit complete financial statement data so that the sample data processed is 120 companies (35 companies x 4 research periods). T test results indicate that the capital structure has a negative effect on company milai. The moderation test results in this study turned out that the size of the company moderates (strengthens) the relationship between capital structure and firm value.

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Analisis Struktur Modal dalam Memoderasi pengaruh Kepemilikan Manajerial dan Pertumbuhan Perusahaan terhadap Nilai Perusahaan di Indonesia

10.31227/osf.io/ueqkz ◽

2019 ◽

Author(s):

Ella Gusnita ◽

Lidya Martha

Keyword(s):

Regression Analysis ◽

Capital Structure ◽

Firm Value ◽

Stock Price ◽

Stock Exchange ◽

Shareholder Wealth ◽

Financial Statement ◽

Managerial Ownership ◽

Sample Collection ◽

Moderating Variables

The Company has a long-term goal to maximize shareholder wealth. This objective isachieved by increasing the company's value will be reflected in its stock price. This studyaims to determine the effect of managerial ownership and growth of the company tocorporate value, using the capital structure as a moderating variable. The population is all companies which are listed in Indonesia Stock Exchange in 2013-2017 periods. The sample collection technique has been carried out by using purposive sampling method and based on the predetermined criteria, 18 companies have been selected as samples. The data of the financial statement of the companies has been obtained from the official website of IDX. The data of the financial statement of the companies has been obtained from the official website of IDX. The analytical method used is regression analysis with moderating variables using the SPSS applicationThe research hypothesis testing using analysis techniques moderated regression analysis (MRA).The results showed that managerial ownership negatifeffect was not significantly to the value of the company, thegrowth of the company negatifand not significant effect on the value of the company, Thecapital structure was not able to moderate the influence of managerial ownership the value of the company,capital structure was not able to moderate the effect of growth on firm value

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Effect of Profitability, Operating Leverage, Firm Size, and Growth Sales on Capital Structure

E-Jurnal Akuntansi ◽

10.24843/eja.2018.v22.i01.p16 ◽

2018 ◽

pp. 408

Author(s):

Cokorda Istri Diah Yudiandari

Keyword(s):

Regression Analysis ◽

Linear Regression ◽

Capital Structure ◽

Firm Size ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Sales Growth ◽

Operating Leverage

Capital structure is a financial decision related to the composition of corporate debt, preferred stock and common stock used by the company, managers must be able to raise capital, both from within the company and from outside the company efficiently. The problem of capital structure is an important issue for every company, because good bad corporate capital structure will have a direct influence on its financial position. The importance of determining the structure of capital because it can be a strong foundation for the company to run its production activities, and able to obtain optimal benefits for the company. The purpose of this research is to obtain empirical evidence of profitability, operating leverage, firm size and sales growth on the capital structure of banking companies listed in Indonesia Stock Exchange period 2013-2015. Determination of the sample using purposive sampling method where the determination of the sample is determined using the criteria of banking companies listed on the Indonesia Stock Exchange period 2013-2015 and banking companies that publish the financial statements in succession during the period 2013-2015, obtained 10 companies that meet the criteria in 3 Years of observation resulting in 30 samples. Hypotheses were tested using multiple linear regression analysis techniques. Based on the results of multiple linear regression analysis it is known that profitability and firm size have no effect on capital structure. However, operating leverage and sales growth have a negative and significant influence on capital structure. Keyword: profitability, operating leverage, company size, sales growth, capital structure

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Determinan Nilai Perusahaan Pada Subsektor Makanan Dan Minuman Periode 2016-2018

Jurnal Ilmiah Manajemen Kesatuan ◽

10.37641/jimkes.v8i3.357 ◽

2020 ◽

Vol 8 (3) ◽

pp. 239-248

Author(s):

Jessica Bintang Glory ◽

Fitri Yetty ◽

Nunuk Triwahyuningtyas

Keyword(s):

Capital Structure ◽

Stock Exchange ◽

Secondary Data ◽

Company Size ◽

Sample Collection ◽

Return On Equity ◽

Company Value ◽

Data Regression ◽

Food And Beverage ◽

Equity Ratio

The purpose of this research is to examine the influence of capital structure with the calculation of Debt Equity Ratio (DER), Profitability with the proxy of Return On Equity (ROE) and Company Size with the proxy of Size calculations on the company's value with the calculation of Price Book Value (PBV) of the company's food and beverage subsectors listed on the Indonesia Stock Exchange. The data used is secondary data with a sample collection method using purposive sampling. Where the population of this study used is the food and beverage subsectors company listed on the Indonesia Stock exchange with a period of observation 2016 – 2018, with the final samples of research 12 companies selected. Data analysis techniques are conducted using descriptive statistics and data regression analysis panels with the help of E-Views version 10 and Microsoft Excel applications 2013. The results of the research are partially known that the company structure (DER) affects on the company's value (PBV), profitability (ROE) affects the company’s value and the Company Size has no effects to the company's value. As well as independent variables explain the dependent variable by 91.76% Keywords: Capital Structure, Profitability, Company Size and Company Value

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Pengaruh Leverage Terhadap Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Pemoderasi Pada Perusahaan Perbankan Yang Terdaftar Di Bursa Efek

PERFORMANCE Jurnal Bisnis & Akuntansi ◽

10.24929/feb.v11i1.1503 ◽

2021 ◽

Vol 11 (1) ◽

Author(s):

Bambang Haryadi

Keyword(s):

Regression Analysis ◽

Linear Regression ◽

Firm Value ◽

Dividend Policy ◽

Annual Report ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Equity Ratio

This study aimed to examine the effect of profitability, likuidity, leverage on firm value with dividend policy as moderationonfinancial firm in Indonesia Stock Exchange. The analytical method used is Multiple Linear Regression Analysis. This study uses secondary data obtained from the annual report, bank financial statement.Test were conducted at 23 participating companies on the Indonesia Stock Exchange in 2014-2018. Profitability is proxiedReturn On Asset (ROA), Likuidity is proxied Loan to Deposit Ratio (LDR), Leverage is proxied Debt to Equity Ratio (DER), and Dividend Policy is proxied Dividen Payout Ratio (DPR). The dependent variabel in this research is the firm value proxied by Tobin’sQ. The results showed that profitability has an effects on firm value, likuidity has an effects on firm value, leverage has an effects on firm value, dividend policy can moderate the effect of profitability on firm value, dividend policy can moderate the effect of likuidity on firm value, dividend policy can moderate the effect of leverage on firm value.

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