Title: ANALYSIS OF SOME FACTORS AFFECTING CAPITAL STRUCTURE.
Author: Heri Widodo
Item Type : Thesis (Thesis)
Affiliations: Master of Management Study Program, Faculty of Economics and Business, Universitas Airlangga , Surabaya, Indonesia
Publisher: Universitas Airlangga
Abstract
Because the meaning of a company's capital structure is so important, this research is intended to find out the factors that influence the capital structure policy of the property and real estate industry that has gone public in Indonesia, as well as which variables have a large contribution. In this research, secondary data was used, obtained from several related agencies, and the population is all property and real estate industries that have gone public on the JSE. The sample was 17 companies. To determine the factors that influence the capital structure policy of the property and real estate industry in Indonesia, a multiple linear regression analysis model is used. Proving the hypothesis uses statistical tests, namely the simultaneous regression test (F test) and partial regression test (t test). Based on the results of the analysis, it shows that the variables company size, operating leverage, dividend payout ratio, expected growth rate and SCM tax savings together or simultaneously have a significant influence on the capital structure policy of property and real estate companies that go public in Indonesia, with the level of contribution by 38.8%; and of these variables the dominant influence is tax savings.
Keywords: CAPITAL MARKET; STOCK EXCHANGES
Sources: http://repository.unair.ac.id/34828/
