Open AccessFaktor-faktor yang mempengaruhi kebijakan hutang perusahaan non keuangan publik
Author(s) -
Soraya Soraya,
Meiryananda Permanasari
Publication year - 2018
Publication title -
jurnal bisnis and akuntansi/jurnal bisnis dan akuntansi
Language(s) - English
Resource type - Journals
eISSN - 2656-9124
pISSN - 1410-9875
DOI - 10.34208/jba.v19i1.69
Subject(s) - stock exchange , profitability index , nonprobability sampling , debt , business , dividend policy , tax shield , sample (material) , investment (military) , business risks , dividend payout ratio , debt ratio , population , finance , economics , public economics , risk analysis (engineering) , law , chemistry , sociology , chromatography , political science , gross income , state income tax , demography , politics , tax reform
The purpose of this research is to get an empirical evidence about influence of non-debt tax shield, tangibility, profitability, growth, size, manajerial ownership, institutional ownership, dividend policy, business risk, and investment opportunity set on debt policy. The population of this research are allnon financial companies listed in Indonesia Stock Exchange (IDX) from the period of 2010 to 2013. Sample selection procedure carried out by implementing purposive sampling method with total sample 33 non financial companies. Data are analyzed using multiple regression analysis. The result indicates that non-debt tax shield, tangibility, profitability, growth, size, institutional ownership, and dividend policy have influence toward debt policy. Other independent variables such as manajerial ownership, business risk, and investment opportunity set do not have influence toward debt policy.