Published March 3, 2023 | Version https://www.theijbmt.com/archive/0949/259784547.pdf
Journal article Open

Influence of Business Risk, Profitability and Asset Structure on Debt Policy

  • 1. Fakulty of Economic and Business, University of Muhammadiyah Surakarta, Indonesia

Description

This research aims to analyze the correlation of business risk, profitability and asset structure with debt policy. This research was conducted at manufacturing companies listed on the IDX for the 2017 – 2020 period. The research sample used a purposive sampling method so that 68 companies were obtained, the total sample used was 340 samples. The data used is secondary data from the company's annual report. The analysis technique used is multiple linear regression analysis and the Classical Assumption Test. The results of this research show that business risk has a negative and significant effect on debt policy. Profitability has a positive and insignificant effect on debt policy. Asset structure has a positive and significant effect on debt policy.

Files

259784547.pdf

Files (389.1 kB)

Name Size Download all
md5:c03a804943d9b0f71ccb0edb74c37966
389.1 kB Preview Download

Additional details

References

  • Aritonang, D. J. (2022). Pengaruh Free Cash Flow, Struktur Aset Dan Risiko Bisnis Terhadap Kebijakan Hutang Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2017-2019
  • Abubakar, D. Y,. Daat, S.C., & Sanggenafa, M.A (2020). Pengaruh Tangibility, Profitabilitas, Growth, Resiko Bisnis, dan Likuiditas Terhadap Kebijakan Hutang. Jurnal Akuntansi Dan Keuangan Daerah, 15(1), 113-128
  • Aurelia, L., & Setijaningsih, H. T. (2020). Analisis Pengaruh Struktur Aset, Pertumbuhan Aset, dan ukuran perusahaan terhadap struktur modal. Jurnal Paradigma Akuntansi, 2(2), 801-807
  • DEWI, A. P., & SURYANI, A. W. (2020). Kebijakan Hutang: Struktur Aset, Profitabilitas Dan Peluang Pertumbuhan. Jurnal Bisnis Dan Akuntansi, 22(2), 211-224
  • Fadhilah, F., Setiadi, I., & Mulyati, H. (2021). Pengaruh Pertumbuhan Perusahaan, Struktur Aset, Risiko Bisnis Dan Free Cash Flow Terhadap Kebijakan Hutang (Studi pada Perusahaan BUMN Go Public yang terdaftar di BEI). Kompartemen: Jurnal Ilmiah Akuntansi, 19(1). Skripsi
  • Fardianti, S. A. A., & Ardini, L. (2021). Pengaruh Profitabilitas, Likuiditas, Kebijakan Dividen, Gcg Dan Struktur Aset Terhadap Kebijakan Hutang. Jurnal Ilmu dan Riset Akuntansi (JIRA), 10(5).
  • Ghozali, I, Aplikasi analisis multivariate dengan program SPSS, Semarang: Badan Penerbit Universitas Diponegoro,2006