Journal of Research in Business, Economics, and Education
Vol. 3 No. 3 (2021): June

Analysis of Institutional Ownership, Managerial Ownership, Profitability, Company Growth, Asset Structure Versus Debt Policy on Real Estate and Building Construction on the Indonesia Stock Exchange 2016-2019

Denny Chandra (Universitas Prima Indonesia)
Leonardi, Dewi Anggriani Wijaya (Universitas Prima Indonesia)
Jholant Bringg Luck Amelia Br Sinaga (Universitas Prima Indonesia)



Article Info

Publish Date
30 Jun 2021

Abstract

This research is a study to determine the analysis of institutional ownership, managerial ownership, profitability, company growth, asset structure on debt policy. The population used is all real estate and building construction companies listed on the Indonesia Stock Exchange. The sample was selected by purposive sampling technique. This study uses secondary data and is tested using the analytical method used is multiple linear regression, the coefficient of determination is tested simultaneously (F-Test) and partially (T-Test). The results of the regression analysis show that the effect of the independent variables (institutional ownership, managerial ownership, profitability, company growth, asset structure) in explaining the dependent variable (debt policy) is 52.6%. The results show that profitability and asset structure partially affect debt policy, while institutional ownership, managerial ownership, and asset structure partially do not affect debt policy. The results show that institutional ownership, managerial ownership, profitability, company growth, asset structure simultaneously affect debt policy.

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Journal Info

Abbrev

jrbee

Publisher

Subject

Economics, Econometrics & Finance

Description

JRBEE: Journal of Research in Business, Economics, and Education is aimed at being a medium for research results dissemination and scientific paper exchanges on the Indonesian economy and business among academics, practitioners, regulators, and public. JRBEE: Journal of Research in Business, ...