Muhamad Sohibul Karib
Faculty of Economics and Business, Muhammadiyah University of Surabaya

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DEBT POLICY SUPPORTS GROWTH BUMN KARYA Muhamad Sohibul Karib; Anita Roosmawarni; Marista Oktaviani
International Conference on Economics, Management, Business, and Accounting Vol 1 No 1 (2024): International Conference on Economics, Management, Business, and Accounting Journ
Publisher : P3I UMSurabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/iconemba.v1i1.22719

Abstract

This research aims to determine the influence of Asset Tangibility, Net Profit Margin and Company Growth on the Debt Policy of BUMN Karya companies for the 2013-2022 period. This research is quantitative in nature with the data source used is secondary data. This research method uses multiple linear regression analysis with Saturated Sampling techniques . Data management uses the EViews 10 program tool with the best Fixed Effect Model (FEM) test results. The results of this research are that Tangibility Assets partially has a negative and insignificant effect, while Net Profit Margin partially has a significant negative effect. However, this is different from company growth, which partially has a significant positive effect on debt policy. Simultaneously, the results obtained show that Asset Tangibility, Net Profit Margin and Company Growth influence Debt Policy. The results of data processing show a coefficient of determination of 88.97%, which means the influence it has is quite significant.