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PENGARUH PENDAPATAN ASLI DAERAH DAN DANA ALOKASI UMUM TERHADAP BELANJA MODAL PADA 19 KABUPATEN DAN KOTA DI SUMATERA BARAT Devi Oktavia; Joni Fernandes
Jurnal Bina Bangsa Ekonomika Vol. 14 No. 2 (2021): Jurnal Bina Bangsa Ekonomika (JBBE)
Publisher : LP2M Universitas Bina Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (324.321 KB) | DOI: 10.46306/jbbe.v14i2.92

Abstract

Low budget absorption in Capital Expenditure can have an impact, including the poor regional infrastructure owned now also the absence of significant additional number of projects in the field of new infrastructure, the absence of basic infrastructure such as ports, roads, clean water processors, and power plants. The purpose of this study was to find out how much influence the original income of the region and general allocation funds on capital expenditure in 19 districts and cities in west Sumatra in the period 2015-2019. Sampling technique uses the total sampling method and obtained as much as 95 data. Data obtained from the Central Statistics Agency of West Sumatra Province through the www.sumbar.bps.go.id website. The analysis method used is regression analysis of panel data with the help of the E-Views 8 application. After the Hausman-Test, it was decided to choose to use the Fixed Effect Model method. The results showed that PAD and DAU have a positive effect on capital expenditure, both respectively and together
TINGKAT KEUNTUNGAN DAN USIA PERUSAHAAN TERHADAP LEVERAGE: ESTIMASI MODEL DATA PANEL DI INDONESIA Rizka Hadya; Joni Fernandes
Jurnal Apresiasi Ekonomi Vol 8, No 2 (2020)
Publisher : Institut Teknologi dan Ilmu Sosial Khatulistiwa

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (218.094 KB) | DOI: 10.31846/jae.v8i2.315

Abstract

This research have been found that profitability and firm age affect leverage. The selected objects is all companies which are listed in Indonesia Stock Exchange during period 2013-2017. We select the samples use the data panel regression model. There are 96 companies have been selected as samples whit technique purposive sampling. The result by partial test profitability and firm age, has a negative significant influence to the leverage, shows that the r-square value of 91,76% which means the profitability and age of the company have the ability to explain leverage of 91,76% and while remaining 8,24% is explained by other variables which are not studied. This is relevant to the capital structure theory. Capital structure is something that is very important for the company which involves funding that carries out the company's operations so that it produces profits. Another factor is the firm age, a long-standing and reputable company will be able to overcome creditworthiness issues when it decides to use debt funding sources.