scholarly journals PERBANDINGAN STRUKTUR MODAL PADA PERUSAHAAN PROPERTY DAN KONTRUKSI BANGUNAN PERIODE 2015-2019

2021 ◽  
Vol 9 (1) ◽  
pp. 11-20
Author(s):  
Nialena Yusniawati
Keyword(s):  
Capital Structure ◽  
Foreign Capital ◽  
Stock Exchange ◽  
Building Construction ◽  
Company Size ◽  
Sales Growth ◽  
Construction Companies ◽  
Property Companies ◽  
Retained Earnings ◽  
The Capital Structure

ABSTRACTCapital structure is a comparison of own capital with foreign capital owned by each company. Capital alone can be divided into retained earnings and company ownership. Meanwhile, foreign capital is short-term debt or long-term debt. The good and bad conditions of the company can be determined through the capital structure. Through the capital structure, the company can allocate funds owned for appropriate business activities as well as useful for the continuity of the company. In general, factors that affect the company's capital structure include profitability, liquidity, company size, sales growth, and asset structure.This study aims to find out the different influences of capital structures on property companies and building construction. This research uses property and building construction companies listed on the Indonesia Stock Exchange in 2015-2019.The result of this study profitability affects the capital structure of property companies, while in building construction companies profitability has no effect on the capital structure. Liquidity in property companies affects the capital structure. This is the same as the result of building construction companies where liquidity affects the capital structure. In property companies the size of the company has an influence on the capital structure, as well as building construction companies that the variable size of the company affects the capital structure. Sales growth has an influence on the capital structure in property companies, while building construction companies sales growth has no effect on the capital structure. The structure of the property company's assets affects the capital structure. The same indicates that the asset structure of building construction companies affects the capital structure. The difference in the influence of the capital structure of property companies is influenced by profitability, liquidity, company size, sales growth, and asset structure. For the capital structure of building construction is influenced by liquidity, company size, and asset structure. As for variable profitability and sales growth in building construction companies has no effect on the capital structure. Keywords: Profitability, Liquidity, Company Size, Sales growth, Asset Structure, Capital Structure

scholarly journals Penentu yang Memengaruhi Struktur Modal pada Perusahaan Sub Sektor Konstruksi Bangunan yang Terdaftar di Bursa Efek Indonesia

2021 ◽  
Vol 4 (1) ◽  
pp. 60
Author(s):  
Intan Fernissa ◽  
Tieka Trikartika Gustyana
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Building Construction ◽  
Company Size ◽  
Sales Growth ◽  
Financial Report ◽  
Purposive Sampling ◽  
Regression Methods ◽  
The Capital Structure

Abstrak Penelitian ini bertujuan untuk mengetahui bagaimana pengaruh faktor – faktor penentu berupa profitabilitas, struktur aset, ukuran perusahaan, pertumbuhan penjualan, dan likuiditas terhadap struktur modal. Penelitian ini menggunakan data laporan keuangan perusahaan sub sektor konstruksi bangunan yang terdaftar di Bursa Efek Indonesia periode 2010 – 2019. Teknik purposive sampling yang digunakan menghasilkan 50 sampel yang terdiri dari 5 perusahaan sebagai sampel dalam penelitian ini. Untuk mengetahui pengaruh dari faktor – faktor penentu terhadap struktur modal, peneliti menggunakan metode regresi linier berganda. Hasil penelitian ini adalah Profitabilitas, Struktur Aktiva, Ukuran Perusahaan, Pertumbuhan Penjualan, dan Likuiditas secara simultan berpengaruh terhadap Struktur Modal. Secara parsial Profitabilitas, Struktur Aktiva, Ukuran Perusahaan, dan Pertumbuhan Penjualan tidak berpengaruh terhadap Struktur modal, Namun Likuiditas memiliki pengaruh terhadap Struktur Modal perusahaan sub sektor konstruksi bangunan periode 2010 – 2019. Kata Kunci : Struktur modal, profitabilitas, struktur aktiva, ukuran perusahaan, pertumbuhan penjualan, likuiditas. Abstract This research aims to determine the influences of determining factors in the form of profitability, asset structure, company size, sales growth, and liquidity to the capital structure. This research used financial report data of building construction sub-sector companies listed on the Indonesia Stock Exchange for the period 2010 – 2019. The purposive sampling technique used produced 50 samples consisting of 5 companies as samples in this study. To determine the influences of determinants on the capital structure, researchers used multiple linear regression methods. The results of this study are Profitability, Asset Structure, Company Size, Sales Growth, and Liquidity simultaneously affect the Capital Structure. Partial profitability, asset structure, company size, and sales growth have no effect on capital structure, but liquidity has an influence on the Capital Structure of the company's building construction sub-sector for the period 2010-2019 Keywords: Capital structure, profitability, asset structure, company size, sales growth, liquidity.

scholarly journals Analysis of Factors Affecting Capital Structures in Companies Listed in Indonesia Stock Exchange Period 2010-2014

2021 ◽  
Vol 9 (2) ◽  
pp. 135-142
Author(s):  
Eva Hardianti
Keyword(s):  
Capital Structure ◽  
Sampling Method ◽  
Stock Exchange ◽  
Sample Selection ◽  
Secondary Data ◽  
Coefficient Of Determination ◽  
Company Size ◽  
Sales Growth ◽  
Factors Affecting ◽  
The Capital Structure

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.

scholarly journals Analisis Faktor-Faktor yang Mempengaruhi Struktur Modal pada Perusahaan Consumer Goods yang Terdaftar Di BEI Tahun 2017-2019

2021 ◽  
Vol 21 (3) ◽  
pp. 1277
Author(s):  
Yenny Yenny ◽  
Siti Aisyah Nasution
Keyword(s):  
Linear Regression ◽  
Capital Structure ◽  
Multiple Linear Regression ◽  
Consumer Goods ◽  
Quantitative Method ◽  
Stock Exchange ◽  
Company Size ◽  
Sales Growth ◽  
Research Model ◽  
The Capital Structure

This study aims to examine and analyze the factors that influence the capital structure of consumer goods companies listed on the IDX. The research’s method is using quantitative method. The population is taken from manufacturinng companies engaged in consumer goods listed on the IDX from 2017-2019. The total of  samples in this study were 87 samples : it is 29 companies multiplied by 3 research periods. The research model is multiple linear regression. The results of this study are Profitability, Asset Structure, Company Size, and Sales Growth partially have no and no significant effect on Capital Structure in Consumer Goods companies on the IDX for the 2017-2019. Liquidity partially has a negative and significant effect on the capital structure of the Consumer Goods sector companies on the Indonesia Stock Exchange for the 2017-2019.

scholarly journals Influence Capital Structure, Liquidity, Size the Company, Debt Policy and Profitability towards Corporate Value on Property Company, Real Estate and Building Construction Listed on the Stock Exchange Indonesia Period 2016-2019

2021 ◽  
Vol 4 (2) ◽  
pp. 2241-2256
Author(s):  
Albert Wijaya ◽  
Juliana Juliana ◽  
Valen Avelina
Keyword(s):  
Real Estate ◽  
Capital Structure ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Building Construction ◽  
Research Approach ◽  
Company Size ◽  
Construction Companies ◽  
Company Value ◽  
Debt Policy

Property issuers must be prepared to face another year of sluggish market where after three years there has been a continuous cycle of weakness. The purpose of this research is to see the influence. Capital Structure, Liquidity, Company Size, Debt Policy and Profitability against Company Value in property companies, re-evaluation and construction of buildings listed on the Indonesia Stock Exchange for the 2016-2019 Period. Quantitative research approach. This type of descriptive quantitative research. The nature of this research is due and effect / causal. The population in this study were 83 types of property, real estate, and building construction companies listed on the Indonesia Stock Exchange for the 2016-2019 Period. The sample is 23 companies. The result is that the capital structure has no partial effect on company value in companies, real estate and building construction listed on the Indonesia Stock Exchange for the 2016-2019 Period. Liquidity does not partially affect the value of property, real estate and building construction companies listed on the Indonesia Stock Exchange for the 2016-2019 period. The size of the company does not have a partial effect on the value of the company in property, real estate and building construction listed on the Indonesia Stock Exchange for the 2016-2019 period. The debt policy does not have a partial effect on company value in property, real estate and building construction listed on the Indonesia Stock Exchange for the 2016-2019 period. Profitability has a partial effect on company value in property, real estate, and building construction listed on the Indonesia Stock Exchange for the 2016-2019 period. Capital structure, liquidity, company size, debt and profitability simultaneously influence the value of the company in property, real estate and building construction listed on the Indonesia Stock Exchange for the 2016-2019 period.

scholarly journals ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN TEKSTIL DAN GARMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2014-2016

2020 ◽  
Vol 8 (2) ◽  
pp. 248
Author(s):  
Nico Anangsyah ◽  
Desta Rizky Kusuma
Keyword(s):  
Regression Analysis ◽  
Capital Structure ◽  
Stock Exchange ◽  
Company Size ◽  
Sales Growth ◽  
Panel Data Regression ◽  
Analysis Technique ◽  
Data Regression ◽  
Positive Effect ◽  
The Capital Structure

This study aims to determine the analysis of factors affect the capital structure of registered textile and garment companies on the Indonesia Stock Exchange (IDX) for the 2014-2016 period. Variables in this study namely Profitability (ROA), Asset Structure (SA), Sales Growth (PP) and Company Size (SIZE) and Capital Structure (DER). The population in this study is the Textile and Garment company listed on the Indonesia Stock Exchange (IDX) as many as 17 companies later 15 companies were sampled using a purposive technique sampling. The analysis technique used is panel data regression analysis with comparison of t-statistics with t-tables. The results of this study indicate that profitability (ROA) is not positive effect on Capital Structure (DER), t-statistic of 1.386407. Asset Structure (SA) has no positive effect on Capital Structure (DER), statistic equal to 0.296574. Sales Growth (PP) influences positive for Capital Structure (DER), the statistic is 1.873566. Size The company (SIZE) does not have a positive effect on the Capital Structure (DER), statistic at 0.570955.

scholarly journals Pengaruh Pertumbuhan Penjualan, Ukuran Perusahaan, Struktur Aset dan Profitabilitas terhadap Struktur Modal pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2012-2015

2018 ◽  
Vol 27 (2) ◽  
pp. 253-285
Author(s):  
Nelli Novyarni ◽  
Lisna Wati
Keyword(s):  
Capital Structure ◽  
Size Structure ◽  
Stock Exchange ◽  
Financial Statements ◽  
Research Strategy ◽  
Equity Capital ◽  
Company Size ◽  
Sales Growth ◽  
Manufacturing Companies ◽  
The Capital Structure

Capital structure is the ratio or the balance between foreign capital and equity capital that affect decision making employment decisions. Where the capital structure is influenced by sales growth, company size, structure and profitability of assets. This study aims to influence sales growth, company size, structure and profitability of assets partially and simultaneously the capital structure on companies listed on the Stock Exchange. The research strategy used in this study is a research strategy associative. The method of research used in this research is quantitative method. In this study population was used as the financial statements of companies listed on the Stock Exchange. Samples taken by the researchers was 35 manufacturing companies that go public in BEI using data from the financial statements of the balance sheet and income statement in the period 2012-2015. The analytical tool used is Eviews 9.0. Based on the analysis and discussion show sales growth and no significant effect on the capital structure on companies listed on the Stock Exchange. The size of the company and significant effect on the capital structure of companies listed on the Stock Exchange. The structure of assets and significant effect on the capital structur        e of companies listed on the Stock Exchange. Profitability and no significant effect on the capital structure on companies listed on the Stock Exchange. Based on the results of simultaneous hypothesis testing the rate of sales growth, company size, structure and profitability of assets simultaneously significantly affect the capital structure means the hypothesis is proved significant.  

scholarly journals PENGARUH LIKUIDITAS, NON-DEBT TAX SHIELD, UKURAN PERUSAHAAN DAN PERTUMBUHAN PENJUALAN TERHADAP STRUKTUR MODAL

2019 ◽  
Vol 8 (6) ◽  
pp. 3560 ◽  
Author(s):  
Ni Putu Intan Wulandari ◽  
Luh Gede Sri Artini
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Company Size ◽  
Sales Growth ◽  
Significant Positive Effect ◽  
Tax Shield ◽  
Debt Tax Shield ◽  
Results Management ◽  
Positive Effect ◽  
The Capital Structure

The aim of this researcher is to test and explain the significance of the effect of liquidity, non-debt tax shields, company size and sales growth on the capital structure of mining sector companies in the Indonesia Stock Exchange. In this study of the total population of 43 mining companies listed on the Indonesia Stock Exchange in 2013-2016 only 10 companies were selected as samples that met the requirements. The results showed that liquidity partially had a significant negative effect on the capital structure, non-debt tax shield has no significant effect on capital structure, firm size has a significant positive effect on capital structure and sales growth has a significant positive effect on capital structure. Based on these results, management needs to pay attention to the factors that influence the capital structure, especially liquidity, company size and sales growth because these factors have proven to have a significant effect, so it is expected to be able to create an optimal capital structure in order to achieve corporate objectives, namely to improve shareholder welfare. Keywords: capital structure, liquidity, non-debt tax shield  

scholarly journals Faktor-faktor yang Mempengaruhi Struktur Modal pada Perusahaan Building Construction yang Terdaftar di Bursa Efek Indonesia

2021 ◽  
Vol 5 (2) ◽  
pp. 161
Author(s):  
Lie Fuena ◽  
Indra Widjaja
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Building Construction ◽  
Purposive Sampling ◽  
Construction Companies ◽  
A Company ◽  
The Capital Structure

Capital is very important for a company to run the business. Problems that often occur in the business are problems of lack of funds or capital. The need for capital for a company is very important in terms to grow and also the sustainability of a company. This study aims to find out the effect of profitability, liquidity, asset structure and firm size on the capital structure. This research conducted on the building construction company period 2015-2018 that listed in Indonesia Stock Exchange. Sample of this study consists of 55 building construction companies. The sample in this research was determined by purposive sampling method. The data analysis technique is the multiple linear regression analysis. The conclusion of this research is that profitability and asset structure do not effect the capital structure but liquidity and firm size do effect the capital structure. Modal sangat penting bagi suatu perusahaan untuk mulai beroperasi. Masalah-masalah yang sering terjadi di dunia bisnis adalah masalah kekurangan dana atau modal. Kebutuhan akan modal bagi suatu perusahaan sangatlah penting dalam hal membangun dan juga menjamin berlangsungnya suatu perusahaan. Penelitian ini bertujuan untuk mengetahui pengaruh profitabilitas, likuiditas, struktur aset dan ukuran perusahaan terhadap struktur modal. Penelitian ini dilakukan pada perusahaan building construction periode 2015-2018 yang terdaftar di Bursa Efek Indonesia. Sampel dalam penelitian ini terdiri dari 55 perusahaan building conctruction. Sampel dalam penelitian ini ditentukan dengan menggunakan metode purposive sampling. Teknik analisis data yang digunakan adalah Analisis Regresi Linear Berganda. Kesimpulan dari penelitian ini adalah profitabilitas dan struktur aset tidak berpengaruh terhadap struktur modal sedangkan likuiditas dan ukuran perusahaan berpengaruh positif terhadap struktur modal.

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.

Effect of Profitability, Company Size, Capital Structure, and Liquidity Risk on Firm Value of Indonesian Banks

2021 ◽  
Vol 4 (1) ◽  
pp. 14-27
Author(s):  
Fenty Fauziah ◽  
Rafiqoh Rafiqoh
Keyword(s):  
Capital Structure ◽  
Firm Value ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sample Selection ◽  
Liquidity Risk ◽  
Share Price ◽  
Company Size ◽  
The Public ◽  
Retained Earnings

The main objective of any firm is to maximize shareholder's wealth, which can be seen from firm value.  This study aims to analyze and explain the effect of profitability, company size, capital structure, and liquidity risk on firm value banking companies in Indonesia. The population of this study is all banking companies listed on the Indonesia Stock Exchange, with an observation period of 2017-2018. The sample selection using a purposive sampling method. Data have both cross-section and time variation. Analysis and hypothesis testing were carried out by using a linear regression analysis using Eviews 11. The results showed that investors viewed that the company's overall profits from its business activities could increase its share price. The capital structure owned by the public relatively small, which meant that the company could provide a source of funds from within the company in the form of the owner's capital or retained earnings. Funds obtained from loans, if they were not followed by the ability to manage funds or were not channeled back to the community, would cause interest expenses and destroy profits. This condition results in investors selling their shares. Investors in making investment decisions paid attention to one indicator at a time and paid attention to all the factors that determined the company's value.

Sign in / Sign up

Export Citation Format

Share Document