Jurnal Manajemen USNI
Vol 1 No 1 (2016): Volume 1 No 1 Tahun 2016

DETERMINAN STRUKTUR MODAL PADA SEKTOR KONSTRUKSI BANGUNAN YANG TERCATAT DI BURSA EFEK INDONESIA

Arifin Siagian (Unknown)



Article Info

Publish Date
01 Aug 2016

Abstract

This studyaims to analyze the factors that influence the capital structure. The independent variables to be examined are company size, asset structure, profitability, liquidity, company growth, business risk and dividend policy. The population in this study is building construction sector companies which listed in Indonesia Stock Exchange. The samples used are 8 building contruction sector companies which have complete financial report from 2009 to 2013 and engaged in contruction business without through its subsidiary (holding company). The model used in this research is the fixed effects approach. The results show that partially the factors that influence the capital structure are company size, asset structure, profitability and liquidity, whereas company growth, business risk and dividend policy do not influence the capital structure. This study results also show that simultaneously 90,99 percentage the capital structure is influenced by the company size, asset structure, profitability, liquidity, company growth, business risk and dividend policy influence, whereas 9,01 percentage capital structure is influenced by others variable outside research model.

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Journal Info

Abbrev

manajemen

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Industrial & Manufacturing Engineering

Description

The USNI Management Journal is a Scientific Journal with the aim of publishing the latest issues and developments in the form of articles on the results of research on theory development and its implementation, as well as other scientific studies related to the field of Management. The USNI ...