Aliansi : Jurnal Manajemen dan Bisnis
Vol 15, No 1 (2020): Aliansi : Jurnal Manajemen dan Bisnis

PENGARUH, PERTUMBUHAN PERUSAHAAN, DAN KEBIJAKAN DEVIDEN TERHADAP KEBIJAKAN HUTANG PERUSAHAAN (Studi Empiris pada Perusahaan Manufaktur Bidang Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2016)

Wenang Joko Pitono (STIMA IMMI)
Titin Arlinah (Unknown)



Article Info

Publish Date
06 Oct 2020

Abstract

This research is intended to be published Institutional, Company approval, and Dividend Policy on Company Debt Policy towards manufacturing companies approved on the Indonesia Stock Exchange. The period used in this study is 5 (five) years, starting from 2012 to 2016.This research uses quantitative methods. The sample in this study was obtained by purposive sampling method. Based on the existing criteria, obtained 13 companies that became the study sample. The data analysis technique used is multiple linear regression.Based on the results of data analysis, Institutional Ownership does not conflict with company lending policies as evidenced by a coefficient value of -0.095 at a significance value of 0.445. It is expected that the Company does not oppose a loan policy as evidenced by a coefficient value of 0,000 at a significance value of 0.998. Dividend policy determines the company's debt policy as evidenced by a coefficient value of 0.324 at a significance value of 0.007. Simultaneously Institutional Ownership, Company approval, and Dividend Policy are against the Debt Policy, this is evidenced by the calculated F value of 2.688 at a significance value of 0.054. The multiple linear regression equation in this study was formulated to be:Y = 0.989 + 0,000 GROWTH + 0,0001DPR + e

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Journal Info

Abbrev

aliansi

Publisher

Subject

Social Sciences

Description

Aliansi : Jurnal Manajemen dan Bisnis is dedicated to publishing scientific information, communication resources and perspectives by academics in Management and Business Economy. This journal published research article, reflection, and actual critical study with respect to the themes of ...