Adpebi Science Series
2024: 1st Conference of Tourism and Economics Creative,

The Effect of Profitability, Liquidity, and Company Size on Debt Policy in Food and Beverage Companies Listed on the Stock Exchange for the 2018-2022 Period

Reswita, Yefri (Unknown)
Arman, Muhibbul Fikri (Unknown)
Syukri Lukman (Unknown)



Article Info

Publish Date
13 Nov 2024

Abstract

This study aims to examine the Influence of Profitability, Liquidity, and Company Size on Debt Policy.Based on the results of the hypothesis testing conducted in this study, it can be concluded that partially profitabilityhas a significant positive effect on debt policy with a calculated t value of 6.326 > t table 1.661 and a significant 0.00 <0.05 so that the H1 hypothesis can be accepted. Liquidity has a significant positive effect on debt policy with a t-valueof 4.455 > t table 1.661 and a significant 0.000 < 0.05 so that the H2 hypothesis can be accepted. The size of the companyhas a positive and significant effect on the debt policy where the value of t is calculated 4.597 > t table 1.661 and is significantby 0.00 < 0.05 so that the H3 hypothesis is accepted. Profitability, Liquidity, and Company Size simultaneously hada positive and significant effect on debt policy with a value of 41.759 > table 2.70 and a significant 0.000 < 0.05 so that the H4hypothesis could be accepted. Therefore, it can be concluded that Profitability (X1), Liquidity (X2), and CompanySize (X3) simultaneously have a positive and significant effect on Debt Policy (Y) obtained the value of the determinationcoefficient written R Square of 0.579, it can be explained that the magnitude of the proportion of the influence ofprofitability, liquidity, and size The company's debt policy was 57.9% while the remaining 42.1% was influenced byother factors outside the variables used in this study.

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Journal Info

Abbrev

AICMEST

Publisher

Subject

Agriculture, Biological Sciences & Forestry Humanities Automotive Engineering Economics, Econometrics & Finance Environmental Science

Description

Adpebi Science Series is a scientific media as a forum for publication of research results, literature reviews, and/or ideas from various disciplines. This Proceeding is a joint publication forum for Humanities and Social Sciences, as well as Science and Technology which aims to develop human ...