Primanomics : Jurnal Ekonomi & Bisnis
Vol. 23 No. 1 (2025): Primanomics : Jurnal Ekonomi dan Bisnis

Pengaruh Struktur Aktiva Dan Likuiditas Terhadap Kebijakan Hutang Pada Perusahaan Sektor Consumer Goods Yang Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2020-2022

Musa, Rivai (Unknown)
Raflin Hinelo (Unknown)
Lanto Miriatin Amali (Unknown)



Article Info

Publish Date
16 Jan 2025

Abstract

The debt policy of the organization is a crucial component of financial management. Although the correct debt strategy might raise a company's financial risk if not handled correctly, it can also provide the funds needed for investment and development. The consumer products industry is only one of several that is always attempting to change its policies to match the times. Companies have the option to take out loans in order to get the extra money they need. Here are the goals of this research: one, to find out whether asset structure affects debt policy; two, to find out if liquidity affects debt policy; and three, to find out if asset structure and liquidity both affect debt policy in manufacturing enterprises that produce consumer products from 2020 to 2022. This research employs a quantitative approach by examining secondary data obtained from annual financial reports. A purposive selection strategy was used to randomly choose 49 businesses from the consumer goods sector out of a total of 88. Several examples of analytical tests include hypothesis testing, classical assumption tests, and several linear regression analyses. The results show that asset structure (SAT) has a positive and statistically significant effect on debit policy, but liquidity (CR) has a negative effect. Additionally, the data demonstrates that debt policy is positively and significantly affected by both asset structure (SAT) and liquidity (CR) simultaneously.

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