DETAIL KOLEKSI

Pengaruh non debt tax shield terhadap keputusan struktur modal pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia


Oleh : Rizky Agustina

Info Katalog

Nomor Panggil : 2015_TA_MJ_022092014

Penerbit : FEB - Usakti

Kota Terbit : Jakarta

Tahun Terbit : 2015

Pembimbing 1 : Henny Setyo Lestari

Subyek : Capital structure;Financial management

Kata Kunci : capital structure, investment opportunity, non debt tax shield, operational risk, profitability

Status Posting : Published

Status : Lengkap


File Repositori
No. Nama File Hal. Link
1. 2015_TA_MJ_022092014-Halaman-Judul.pdf
2. 2015_TA_MJ_022092014_Bab-1.pdf 15
3. 2015_TA_MJ_022092014_Bab-2.pdf
4. 2015_TA_MJ_022092014_Bab-3.pdf
5. 2015_TA_MJ_022092014_Bab-4.pdf
6. 2015_TA_MJ_022092014_Bab-5.pdf
7. 2015_TA_MJ_022092014--Daftar-Pustaka.pdf 2
8. 2015_TA_MJ_022092014--Lampiran.pdf

P enelitian ini bertujuan untuk mengetahui pengaruh non debt tax shieldterhadap struktur modal pada perusahaan-perusahaan manufaktur yang terdaftar diBursa Efek Indonesia periode 2008-2012. Variabel independen yang digunakanuntuk mengukur struktur modal adalah non debt tax shield, size, profitability,investment opportunity, operational risk, sales growth, real interest rate dan realexchange rate. Sedangkan variabel dependen dalam penelitian ini adalah strukturmodal. Jumlah sampel yang diteliti dalam penelitian ini sebanyak 110 perusahaandengan teknik sampling yang digunakan adalah purposive sampling. Hasil daripenelitian menunjukan bahwa investment opportunity dan real exchange ratememiliki pengaruh yang positif dan signifikan terhadap struktur modal, namun size,profitability, operational risk dan sales growth tidak memiliki pengaruh terhadapstruktur modal. Penelitian ini juga menunjukan hasil bahwa non debt tax shield danreal interest rate memiliki pengaruh negative terhadap struktur

T his study aims to determine the effect of interest on equity towards capitalstructure of manufacture companies listed in Indonesia Stock Exchange from 2008-2012. Independent variables used to measure capital structure is non debt tax shield,size, profitability, investment opportunity, operational risk, sales growth, real interestrate and real exchange rate. Where the dependent variable in this study is capitalstructure. The number of samples examined in this study were 110 companies withthe sampling technique used was purposive sampling. The result of the study indicatethat investment opportunity and real exchange rate has a positively significant effecton capital structure, but size, profitability, operational risk and sales growth has noeffect on capital structure. This study also shows that non debt tax shield and realinterest rate has a negatively significant effect on capital structure.

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