This scholarly investigation sought to ascertain the influence of asset augmentation and sales expansion on the financial architecture of PT Mayora Indah Tbk, spanning the fiscal years 2014 through 2024. A quantitative descriptive methodology was employed, leveraging multivariate linear regression analysis. The foundational data were extracted from the enterprise's officially published annual financial statements. The statistical t-test indicated that Asset Expansion did not exert a statistically significant effect on capital structure, as evidenced by a t-statistic of -0.633 (which was below the critical t-value of 1.895) and an associated significance level of 0.544 (exceeding 0.05). Concurrently, Revenue Growth similarly demonstrated no discernible significant impact, with a t-statistic of 1.611 and a significance level of 0.146. The concurrent F-test corroborated these findings, revealing that both independent variables, when considered in concert, did not collectively possess a significant influence on capital structure (F-statistic of 1.299, which was less than the critical F-value of 4.74; significance level of 0.325). An Adjusted R-squared value of 0.056 implied that merely 5.6% of the variability observed in capital structure could be elucidated by the proposed model, with the substantial remainder attributable to unexamined exogenous variables.
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