Open AccessDAMPAK STRUKTUR MODAL TERHADAP KINERJA KEUANGAN DI SEKTOR PERDAGANGAN INDONESIA
Author(s) -
Ranila Suciati,
Siti Aisyah Hidayati,
Kery Utami
Publication year - 2021
Publication title -
jped (jurnal perspektif ekonomi darussalam) (darussalam journal of economic perspectives)/jped (jurnal perspektif ekonomi darussalam) (darussalam journal of economic perspectives)
Language(s) - English
Resource type - Journals
eISSN - 2580-6297
pISSN - 2502-6976
DOI - 10.24815/jped.v7i1.17475
Subject(s) - capital structure , debt to equity ratio , stock exchange , return on equity , business , panel data , debt ratio , debt to capital ratio , variables , return on assets , equity (law) , debt , weighted average cost of capital , financial system , economics , econometrics , finance , financial capital , equity ratio , capital formation , statistics , mathematics , population , sociology , political science , nonprobability sampling , demography , economic growth , human capital , law
A composition or a liability structure is the understanding of a company's capital structure. The purpose of this study is to analyze the capital structure and financial performance from 2015 to 2018 (4 years) in the Indonesian Trade Sector. The sample of this study was processed from annual report data of Indonesian Trade Sector companies listed on the Indonesia Stock Exchange, this is in accordance with the objectives of this study. The analytical method in this study uses panel data regression. The relationship between capital structure and financial performance will be revealed from this study. The independent variable is the capital structure will be proxied with a debt to equity ratio (DER), debt to asset ratio (DAR), and longterm debt ratio (LTDR). And for the dependent variable that is financial performance will be proxied by Return on Equity (ROE). Research on trade sector companies in Indonesia produces a R square model value of 0.9291 which means that 92.91% of financial performance is explained by the variables of this study.