CD Tesis

Determinan Struktur Modal (Studi Empiris Pada Perusahaan Sektor Utama di Bursa Efek Indonesia)

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Yusrizal, NIM: 1010247747, Determinants of Capital Structure (Empirical Study In Corporate Sector in Indonesia Stock Exchange). Under the guidance of Andreas and Errin Yanii Wijaya.
This study aims to determine the factors that determine the structure of capital company engaged in the mining and agricultural sectors belonging to the main sectors in the Indonesia Stock Exchange (IDX). The variables analyzed in this study, the dependent variable is the capital structure (leverage), while the independent variables are profitability, sales growth, non-debt tax shield, business risk, and asset structure. The sample in this study as many 17 companies mining and agricultural sectors with 10 companies sample criteria used is the company issuing the financial statements complete and available on the Indonesia Stock Exchange (IDX) from 2008-2011. To test the hypotheses in this study used the multiple linear regression and Chow Test which aims to test whether there are differences in capital structure determination on these companies.
The results showed simultaneously that ROA, growth of sales, non-debt tax shield, business risk and asset structure significantly affect the capital structure both mining and agriculture sectors. The result of partial test (t test) in the mining sector ROA significant negative effect on the capital structure on the model total leverage and short-term leverage, whereas the model of long-term leverage significant negative effect. Variable growth of sales, business risk and asset structure does not affect the capital structure of the three models leverage, non-debt tax shields variable only affects the model of short-term leverage and long-term leverage. Partial test results on the agricultural sector ROA affect the capital structure on the model of total leverage, whereas the short-term leverage models no effect. Variable growth of sales and asset structure only affects the model of short-term leverage, business risk only affects the long-term model of leverage while the non-debt tax shield has no effect on the calculation that determines the three models of capital structure policy. Furthermore, this research on the Chow test Test found that there are significant differences in the practice of the use of debt between companies mining and agricultural sectors.

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Ketersediaan

Informasi Detail

Judul Seri

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No. Panggil

10 08.114 (0149)

Penerbit

Pekanbaru : Universitas Riau- Pasca - Manajemen Keuangan., 2014

Deskripsi Fisik

x, 139 hlm.:ill.; 29 cm

Bahasa

ISBN/ISSN

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Klasifikasi

10 08.114 (0149)

Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Pernyataan Tanggungjawab

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