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Determinants of Capital Structure: Property and Real Estate Companies (IDX) Clarisa Sutana; Nila Pusvikasari
E-Jurnal Manajemen Trisakti School of Management (TSM) Vol 2 No 4 (2022): E-Jurnal Manajemen Trisakti School of Management (TSM)
Publisher : Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34208/ejmtsm.v2i4.1815

Abstract

The main purpose of this research is to test and analyze the impact of return on assets (ROA), firm size, tangibility, risk, and sale growth on capital structure. In this research, 8 property and real estate companies were used as samples listed on the Indonesia Stock Exchange with a total 9 years raging from the period of 2012 – 2020. The sample was selected based on purposive sampling technique. The data analysis method that were used in this research is descriptive statistics, panel data analysis model, data quality test, classic assumption tests, multiple linear regression, coefficient of correlation, coefficient of determination, goodness-of-fit test, and hypothesis test. The results of this research show that tangibility has a negative impact on capital structure. Whereas for return on assets (ROA), firm size, risk, and sale growth has no impact on capital structure.
Faktor-Faktor Yang Mempengaruhi Return Saham Pada IDX BUMN20 Periode 2016-2020 Siska Siska; Nila Pusvikasari
E-Jurnal Manajemen Trisakti School of Management (TSM) Vol 3 No 1 (2023): E-Jurnal Manajemen Trisakti School of Management (TSM)
Publisher : Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34208/ejmtsm.v3i1.2069

Abstract

This research was conducted with the aim of examining the effect of the independent variables consisting of Current Ratio, Debt To Equity, Return On Equity, Total Asset Turnover, and Earning Per Share on the dependent variable, namely Stock Return. The population used in this study are state-owned enterprises (BUMN) listed on the Indonesia Stock Exchange during the 2016-2020 period. This study uses a purposive sampling method so as to produce 7 companies that meet the criteria. This study uses a random effect model. The results of this study indicate that Return on Equity and Earning per Share are positive affect to Stock Return then Debt to Equity Ratio, Current Ratio, Total Asset Turnover are negatively affect to Stock Return.