Factors Affecting Debt Policy on LQ-45 Company in Indonesia Stock Exchange Period 2015 – 2018

DOI

10.2991/aebmr.k.210121.020How to use a DOI?

Keywords

ownership structure, profitability, company size, business risk and debt policy

Abstract

This research is intended to determine whether there is influence of Ownership variables Managerial, Institutional Ownership, Profitability, Asset Structure, Company Size, and Business Risk on Debt Policy on company LQ-45 Non-financial which is listed on the Indonesia stock Exchange. Based on the results of the data analysis, the results of testing the regression, the results of testing in a partial showing the variable Ownership is Managerial, the variable Profitability has a negative influence and significant against the Policy Debt at the enterprises of the LQ-45 Non-Financial period 2015 – 2018, Variable Ownership Institutional class, a variable of measurement of the enterprise, the variable Risk does not have influence on the Policy Debt at the enterprises of the LQ-45 Non-Financial period 2015 – 2018, while the Variable for the Structure of Assets has a positive influence on Debt Policy on company LQ-45 Non-Financial period 2015 – 2018. Testing the coefficient of determination is known the proportion of contribution of the variable of Ownership of Managerial, Institutional Ownership, Profitability, Asset Structure, Company Size, and Business Risk on Debt Policy on company LQ-45 in Indonesia stock Exchange amounted to 31.5 percent.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Handaru Indrian S Adi
PY  - 2021
DA  - 2021/01/22
TI  - Factors Affecting Debt Policy on LQ-45 Company in Indonesia Stock Exchange Period 2015 – 2018
BT  - Proceedings of the Conference on International Issues in Business and Economics Research (CIIBER 2019)
PB  - Atlantis Press
SP  - 128
EP  - 138
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210121.020
DO  - 10.2991/aebmr.k.210121.020
ID  - Adi2021
ER  -