Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
P-Index
This Author published in this journals
All Journal El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Journal of Ekonomics, Finance, and Management Studies
Pingkan Mulyani
Manajemen, Universitas Dian Nuswantoro, Indonesia
Religion Agriculture, Biological Sciences & Forestry Civil Engineering, Building, Construction & Architecture Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Determinan Struktur Modal pada Perusahaan Sub Sektor Makanan dan Minuman di BEI 2020-2024 Pingkan Mulyani; Bara Zaretta; Agus Prayitno; Amalia Nur Chasanah
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 7 No. 6 (2026): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to analyze the influence of company characteristics on capital structure, as proxied by short-term leverage, long-term leverage, and total leverage. The independent variables used include company size, profitability as proxied by ROA, tangible assets (tangibility), company growth (growth), and company risk (risk). This study uses panel data with 150 company observations during the study period and is analyzed using a panel data regression method with the Fixed Effect Model (FEM) approach as the best model. The results show that company size has a negative and significant effect on all capital structure proxies, namely short-term leverage, long-term leverage, and total leverage. Tangible assets have a significant negative effect on short-term leverage and total leverage, but have no significant effect on long-term leverage. Company risk has a significant positive effect on short-term leverage and total leverage, but has no significant effect on long-term leverage. Meanwhile, profitability and company growth do not show a significant effect on all capital structure proxies. The adjusted R-squared value indicates that the model has a fairly good ability to explain variations in company capital structure. These findings indicate that a company's capital structure decisions are more influenced by company size, risk, and asset characteristics than by profitability and company growth factors.
Determinan Struktur Modal pada Perusahaan Sub Sektor Makanan dan Minuman di BEI 2020-2024 Pingkan Mulyani; Bara Zaretta; Agus Prayitno; Amalia Nur Chasanah
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 7 No. 6 (2026): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to analyze the influence of company characteristics on capital structure, as proxied by short-term leverage, long-term leverage, and total leverage. The independent variables used include company size, profitability as proxied by ROA, tangible assets (tangibility), company growth (growth), and company risk (risk). This study uses panel data with 150 company observations during the study period and is analyzed using a panel data regression method with the Fixed Effect Model (FEM) approach as the best model. The results show that company size has a negative and significant effect on all capital structure proxies, namely short-term leverage, long-term leverage, and total leverage. Tangible assets have a significant negative effect on short-term leverage and total leverage, but have no significant effect on long-term leverage. Company risk has a significant positive effect on short-term leverage and total leverage, but has no significant effect on long-term leverage. Meanwhile, profitability and company growth do not show a significant effect on all capital structure proxies. The adjusted R-squared value indicates that the model has a fairly good ability to explain variations in company capital structure. These findings indicate that a company's capital structure decisions are more influenced by company size, risk, and asset characteristics than by profitability and company growth factors.
Co-Authors Agus Prayitno Amalia Nur Chasanah Bara Zaretta