Jurnal Manajemen dan Organisasi
Vol 6, No 3 (2015): Jurnal Manajemen dan Organisasi

Analisis Faktor yang Mempengaruhi Kebijakan Hutang Emiten Pertanian di Bursa Efek Indonesia

Ramadhany, Reza (Unknown)
Aminah, Mimin (Unknown)
Permanasari, Yusrina (Unknown)



Article Info

Publish Date
18 Jul 2016

Abstract

In financial management perspective, corporate goal is to maximize shareholder or corporate value. The purpose of this study was to analyze the effect of institutional ownership (INST), asset structure (FAR), profitability (ROA), and corporate growth (GROWTH) on debt policy. This study used linear and multiple regression analysis. Significant test results of individual parameters (t statistical test) showed that significant value of INST variable 0.058 < 0.1 (?) and -0.632 (?), FAR 0.097 < 0.1 (?) and 1.019 (?), ROA 0.043 < 0.1 (?) and -1.198 (?), and GROWTH 0.064 < 0.1 (?) and 0.972 (?). The results showed that INST and ROA significantly and negatively affect debt policies, while FAR and GROWTH were significantly and positively affect on debt policies. Whereas, test result of simultaneous (F statistical test) showed that significant value was 0.010 < 0.1 (?) and the value of F calculated was 4.184 > 2.184 F table. These results indicated that institutional ownership, asset structure, profitability, and corporate growth had a significant effect on debt policy simultaneously.Keywords : institutional ownership, structure of assets, profitability, corporate growth

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Journal Info

Abbrev

jmo

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Manajemen dan Organisasi merupakan media publikasi ilmiah yang memuat artiket-artikel; di bidang manajemen dan organisasi dengan ruang lingkup manajemen pemasaran, keuangan, sumber daya manusia dan operasi. Jurnal Manajemen dan Organisasi didedikasikan untuk menumbuhkan kreasi pertukaran ide ...