Factors Affecting the Capital Structure Of Manufacturing Companies In The Basic Industry and Chemical Sub-Sector Listed On the Indonesia Stock Exchange for the 2017-2019 Period
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Published:
May 1, 2021
Keywords:
Asset Structure, Firm Size, Dividend Payout Ratio, Sales growth and Capital Structure
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Computer Science
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Abstract
This study aims to discuss whether the capital structure, firms size, dividend payout ratio and sales growth affect the company's capital structure. The companies used in the study are Manufacturing companies on the Indonesia Stock Exchange. The data analysis method used is the classical assumption test and multiple linear analysis. Based on the results of the analysis, it is stated that the firms size has a negative effect, while the capital structure, dividend payout ratio and sales growth have no significant effect on the company.
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How to Cite
Tina Novianti Sitanggang, Febrina Theresia Lubis and Siti Tiadora (2021) “Factors Affecting the Capital Structure Of Manufacturing Companies In The Basic Industry and Chemical Sub-Sector Listed On the Indonesia Stock Exchange for the 2017-2019 Period”, Jurnal Mantik, 5(1), pp. 256-265. doi: 10.35335/mantik.Vol5.2021.1327.pp256-265.
References
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[12] Sari, Verenadevi & Haryanto, Mulyo A. 2015. The Effect of Profitability, Asset Growth, Company Size, Asset Structure and Liquidity on Capital Structure in Manufacturing Companies on the Indonesia Stock Exchange 2008-2010. Diponegoro. E-Journal Of Management t, 11 (2).
[13] Widyaningrum, Yunita. 2015. The Effect of Profitability, Asset Structure, and Company Size on Capital Structure. Management Program Management Department. Faculty of Economics.
[14] Werner R. Murhadi. 2013. Report Analysis . Financial Projections and Stock Valuations . Jakarta: Salemba Empat Web: https: // www.idx.co.id
[2] Fahmi, I. 2014. Financial Statement Analysis . Bandung: Alfabeta
[3] Harahap, SS 2008. Critical Analysis of Financial Management . Jakarta: PT Raja Grafindo Persada Hatta, Atika Jauhari. 2002. Factors Affecting Dividend Policy: Investigating the Influence of Stakeholder Theory. 6 (2)
[4] Kanita, NR, & Hendryadi, H. 2017. Determinant Factors Forming Capital Structure in Companies. Journal of Management and Business Research (JRMB) Faculty of Economics, UNIAT, 2 (S1), 241-250
[5] Cashmere. 2016. Financial Statement Analysis. Jakarta: Raja Grafindo Persada.
[6] Natalia, Pauline. 2015. The Effect of Profitability, Sales Growth, Asset Structure and Business Risk on Capital Structure. Journal of Management, 14 (2)
[7] Nuswandari, C. 2013. Determinants of capital structure in perspective, 2 (1), 92–102.
[8] Meutia, Tuti. 2016. The Influence of Growth Opportunity, Profitability, Company Size on Property Companies on the Indonesia Stock Exchange. E-Journal of Financial Management , 2 (5).
[9] Riyanto, Bambang. 2011. Fundamentals of Company Expenditures . Yogyakarta: BPFE
[10] Sugiyono. 2016. Quantitative Research Methods, Qualitative and R & D . Bandung: Alfabeta
[11] Santika, Bagus Rista. 2015. Determining the Capital Structure of Manufacturing Companies on the Indonesia Stock Exchange, 3 (2) 1979-4878.
[12] Sari, Verenadevi & Haryanto, Mulyo A. 2015. The Effect of Profitability, Asset Growth, Company Size, Asset Structure and Liquidity on Capital Structure in Manufacturing Companies on the Indonesia Stock Exchange 2008-2010. Diponegoro. E-Journal Of Management t, 11 (2).
[13] Widyaningrum, Yunita. 2015. The Effect of Profitability, Asset Structure, and Company Size on Capital Structure. Management Program Management Department. Faculty of Economics.
[14] Werner R. Murhadi. 2013. Report Analysis . Financial Projections and Stock Valuations . Jakarta: Salemba Empat Web: https: // www.idx.co.id
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