Kebijakan hutang perusahaan manufaktur di Indonesia

Authors

  • Hadi - Surento Program Studi Manajemen, Fakultas Ekonomika dan Bisnis Universitas Stikubank Semarang
  • Ika Rosyada Fitriati Program Studi Manajemen, Fakultas Ekonomika dan Bisnis Universitas Stikubank Semarang

DOI:

https://doi.org/10.21111/tijarah.v6i3.5608

Keywords:

Liquidity, Profitability, Asset Structure, Firm size and Debt Policy

Abstract

The purpose of this paper is to explore the most significant determinant of debt policy on manufacturing firm in Indonesia. This paper carries out a panel data analysis of 318 observations from 106 listed manufacturing firms on the Indonesia Stock Exchange over period 2016-2018. Multiple regression model and correlation matrix have been used as statistical tools to investigate the most significant determinants of debt policy on manufacturing firm in Indonesia. The results of this research shows that there is a significant negative effect of liquidity and profitability on debt policy, while the asset structure and firm size have a significant positive effect on debt policy.

References

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Published

2020-12-28

How to Cite

Surento, H. .-., & Fitriati, I. R. (2020). Kebijakan hutang perusahaan manufaktur di Indonesia. Al Tijarah, 6(3), 70–77. https://doi.org/10.21111/tijarah.v6i3.5608

Issue

Vol. 6 No. 3 (2020): Special Issue Seminar Nasional Manajemen & MADIC 6, 2020

Section

Articles

License

The Authors submitting a manuscript do so on the understanding that if accepted for publication, copyright of the article shall be assigned to Al Tijarah journal and Departement of Management, Faculty of Economics and Management, University of Darussalam as publisher of the journal.