Al Tijarah
Vol 6, No 3 (2020): Special Issue Seminar Nasional Manajemen & MADIC 6, 2020

Kebijakan hutang perusahaan manufaktur di Indonesia

Hadi - Surento (Program Studi Manajemen, Fakultas Ekonomika dan Bisnis Universitas Stikubank Semarang)
Ika Rosyada Fitriati (Program Studi Manajemen, Fakultas Ekonomika dan Bisnis Universitas Stikubank Semarang)



Article Info

Publish Date
28 Dec 2020

Abstract

The purpose of this paper is to explore the most significant determinant of debt policy on manufacturing firm in Indonesia. This paper carries out a panel data analysis of 318 observations from 106 listed manufacturing firms on the Indonesia Stock Exchange over period 2016-2018. Multiple regression model and correlation matrix have been used as statistical tools to investigate the most significant determinants of debt policy on manufacturing firm in Indonesia. The results of this research shows that there is a significant negative effect of liquidity and profitability on debt policy, while the asset structure and firm size have a significant positive effect on debt policy.

Copyrights © 2020






Journal Info

Abbrev

altijarah

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Al Tijārah (E-2528-2948 and P-2460-4089) is a semiannually journal published by University of Darussalam Gontor. In line with the objective of the university, the journal is committed to the development and promotion of contemporary issues in Islamic management and management in its broadest sense ...