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Yudhia Mulya, Edhi Asmirantho

Judul : DETERMINAN STRUKTUR MODAL DAN KEPEMILIKAN ASING PADA PERUSAHAAN INFRASTRUKTUR DI BURSA EFEK INDONESIA
Abstrak :

DETERMINAN STRUKTUR MODAL DAN KEPEMILIKAN ASING PADA PERUSAHAAN INFRASTRUKTUR DI BURSA EFEK INDONESIA

Yudhia Mulya, Edhi Asmirantho

yudhia.mulya@yahoo.com, rantho.bs@gmail.com

Fakultas Ekonomi, Universtas Pakuan

Tujuan dari penelitian ini menganalisis determinan struktur modal yang terdiri dari assets tangibility, ukuran perusahaan, pertumbuhan, profitabilitas, pajak, usia perusahaan, dan kepemilikan pemodal asing. Penelitian dilakukan dengan menggunakan data panel pada perusahaan publik di sektor infrastruktur dalam periode 2011-2015. Model regresi panel digunakan dalam penelitian ini dengan metode fixed effect. Hasil penelitian menunjukkan bahwa asset tangibility dan ukuran perusahaan berpengaruh positif dan signifikan terhadap struktur modal. Sedangkan, profitabilitas dan umur perusahaan berpengaruh negatif dan signifikan terhadap struktur modal. Hasil ini medukung pecking order theory dimana perusahaan yang memiliki profit tinggi dan memiliki umur lebih lama cenderung menggunakan dana internal daripada menambah hutang. Sementara, pertumbuhan,tarif  pajak efektif, dan struktur kepemilikan pemodal asing tidak memiliki pengaruh terhadap struktur modal

Tahun : 2017 Media Publikasi : prosiding
Kategori : Prosiding No/Vol/Tahun : 9 / 1 / 2017
ISSN/ISBN : 9786028557313
PTN/S : Universitas Pakuan Program Studi : MANAJEMEN
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