Article Per Year (5 Year)
p-Index From 2021 - 2026
0
P-Index
This Author published in this journals
All Journal JURNAL RELASI STIE MANDALA JEMBER Jurnal Akuntansi Multiparadigma Relasi : Jurnal Ekonomi
Sumani Sumani
Universitas Jember
Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Environmental Science Social Sciences

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Jurnal Akuntansi Multiparadigma

 1 
RELEVANKAH TEORI STRUKTUR MODAL DI INDONESIA? Sumani Sumani; Ahmad Roziq; Daniel T H Manurung
Jurnal Akuntansi Multiparadigma Vol 11, No 2 (2020): Jurnal Akuntansi Multiparadigma (Agustus 2020 - Desember 2020)
Publisher : Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.jamal.2020.11.2.22

Abstract

Abstrak: Relevankah Teori Struktur Modal di Indonesia? Tujuan penelitian ini adalah untuk menelaah relevansi teori struktur modal pada aspek optimalisasi terjadinya risiko berdasarkan pecking order theory, trade off theory, dan teori agensi. Metode yang digunakan adalah regresi berganda pada perusahaan manufaktur terbuka di Indonesia tahun 2010-2018. Penelitian ini menemukan bahwa beberapa indikator teori struktur modal tidak relevan dengan ketiga teori tersebut. Hal ini menunjukkan bahwa perusahaan harus menekan biaya modal, peluang bangkrut, dan biaya keagenan melalui keseimbangan pendanaan antara yang dinginkan oleh agen maupun prinsipal. Abstract: Is Capital Structure Theory Relevant to Indonesia?? The purpose of this study is to examine the relevance of capital structure theory on the aspects of optimizing risk based on pecking order theory, trade-off theory, and agency theory. The method used is multiple regression in public manufacturing companies in Indonesia in 2010-2018. This study finds that several indicators of capital structure theory are not relevant to the three theories. This shows that the company must reduce the cost of capital, bankruptcy opportunities, and agency costs through a balance of funding that is desired by agents and principals.
Co-Authors Ahmad Roziq Ana Mufidah Liga Febriani