Faktor penentu struktur modal perusahaan manufaktur di Bursa Efek Indonesia tahun 2014-2018

DETAIL KOLEKSI

Faktor penentu struktur modal perusahaan manufaktur di Bursa Efek Indonesia tahun 2014-2018

Oleh : Anna Marisah Siregar

Info Katalog

Nomor Panggil : 022161202

Penerbit : FEB - Usakti

Kota Terbit : Jakarta

Tahun Terbit : 2020

Pembimbing 1 : Maria R. Nindita Radyati

Subyek : Capital - Marketing;Stock exchange

Kata Kunci : debt to equity ratio, growth, liquidity, long term debt to equity ratio, non-debt tax shields.

Status Posting : Published

Status : Lengkap

File Repositori

No.	Nama File	Hal.	Link
1.	2020_TA_MJ_022161202_Halaman-Judul.pdf
2.	2020_TA_MJ_022161202_Bab-1.pdf
3.	2020_TA_MJ_022161202_Bab-2.pdf
4.	2020_TA_MJ_022161202_Bab-3.pdf
5.	2020_TA_MJ_022161202_Bab-4.pdf
6.	2020_TA_MJ_022161202_Bab-5.pdf
7.	2020_TA_MJ_022161202_Daftar-Pustaka.pdf
8.	2020_TA_MJ_022161202_Lampiran.pdf

Abstrak
Abstract

P Penelitian ini bertujuan untuk mengetahui pengaruh faktor kinerja struktur modal terhadap leverage. Sampel yang digunakan dalam penelitian ini adalah perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2014 â€“ 2018. Variabel independen dalam penelitian ini adalah faktor kinerja struktur modal yang diukur dengan profitability, tangibility, size, growth, liquidity ,taxation dan non-debt tax shield dan variabel dependen adalah leverage dengan menggunakan proksi alat ukur long term debt to equity ratio dan debt to equity ratio. Jumlah sampel penelitian adalah sebanyak 84 perusahaan manufaktur dengan menggunakan teknik purposive sampling. Berdasarkan hasil regresi data panel menunjukkan bahwa model 1 size dan tangibiliy memiliki pengaruh positif terhadap long term debt to equity ratio. Profitability dan non-debt tax shield memiliki pengaruh negatif terhadap long term debt to equity ratio, sedangkan growth, liquidity, dan taxation tidak memiliki pengaruh terhadap long term debt to equity ratio. Untuk model 2 profitability dan non-debt tax shield memiliki pengaruh negatif terhadap debt to equity ratio sedangkan tangibility, size, growth, liquidity, dan taxation tidak memiliki pengaruh terhadap debt to equity ratio. Hasil penelitian ini diharapkan dapat memberikan masukan bagi perusahaan dan investor agar mempertimbangkan size dan tangibiliy karena akan meningkatkan leverage.

T This Reseacrh aims to determine the effect of capital structure performance factors on leverage. The sample used in this study is manufacturing companies listed on the Indonesia Stock Exchange from 2014 to 2018. The independent variable in this study is the performance factor of capital structure as measured by profitability, tangibility, size, growth, liquidity, taxation and non-debt tax shield and the dependent variable is leverage using a proxy for measuring long term debt to equity ratio and debt to equity ratio. The number of research samples were 84 manufacturing companies using purposive sampling techniques. Based on the panel data regression results show that the model 1 size and tangibiliy have a positive effect on the long term debt to equity ratio. The profitability and non-debt tax shields have a negative effect on the long term debt to equity ratio, while growth, liquidity, and taxation have no influence on the long term debt to equity ratio. For model 2, the profitability and non-debt tax shield have a negative influence on the debt to equity ratio while tangibility, size, growth, liquidity, and taxation have no influence on the debt to equity ratio. The results of this study are expected to provide input for companies and investors to consider size and tangibility because it will increase leverage.