摘要:This research discusses whether there are effect of capital structure on leverage. Independent variable consist of firm size, firm growth, tangibility of assets, profitability, and risk. Dependent variable divided into 3 indicators such as total debt ratio, long term debt ratio, and short term debt ratio. The study consisted of 164 nonfinancial industries, which was obtained from official website of Indonesia Stock Exchange (http://www.idx.co.id). The sampling method used in this study was purposive sampling and data analysis method used for hypothesis testing is linear regression analysis. The results of hypothesis testing showed that there is influence between capital structure on total debt ratio and short term debt ratio. But not too significantly to long term debt ratio. The contribution of this study hopefully can help managers and investors alike to make a right decision in nonfinancial industry in Indonesia.
其他摘要:This research discusses whether there are effect of capital structure on leverage. Independent variable consist of firm size, firm growth, tangibility of assets, profitability, and risk. Dependent variable divided into 3 indicators such as total debt ratio, long term debt ratio, and short term debt ratio. The study consisted of 164 nonfinancial industries, which was obtained from official website of Indonesia Stock Exchange (http://www.idx.co.id). The sampling method used in this study was purposive sampling and data analysis method used for hypothesis testing is linear regression analysis. The results of hypothesis testing showed that there is influence between capital structure on total debt ratio and short term debt ratio. But not too significantly to long term debt ratio. The contribution of this study hopefully can help managers and investors alike to make a right decision in nonfinancial industry in Indonesia.
关键词:capital structure;growth;long term debt ratio;risk;ROA;short term debtratio;size;tangibility of assets;total debt ratio.