Open AccessFAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN TELEKOMUNIKASI DI INDONESIA
Author(s) -
Jantu Sukmaningtyas,
Salamatun Asakdiyah
Publication year - 2011
Publication title -
jurnal fokus manajemen bisnis
Language(s) - English
Resource type - Journals
eISSN - 2716-0521
pISSN - 2088-4079
DOI - 10.12928/fokus.v1i2.1302
Subject(s) - capital structure , stock exchange , nonprobability sampling , business , leverage (statistics) , intervening variable , variables , business administration , sample (material) , panel data , econometrics , economics , finance , statistics , mathematics , population , debt , demography , sociology , chemistry , chromatography
The purpose of this thesis is to analyze factors that influence capital structure at telecommunications industry in Indonesia. In this research, dependent variable is capital structure and the independent variables are the operating leverage, taxes, and firm size.The samples are 5 companies, its take by purposive sampling method: taking the sample with specific criteria, that is the companies which listed on the Indonesia Stock Exchange during the period from 2005 to 2009. The operating leverage has a positive and significant influence to capital structure, tax has a negative and significant impact to capital structure, but the variable firm size has no effect to capital structure.