FAKTOR-FAKTOR YANG MEMPENGARUHI KEBIJAKAN HUTANG PERUSAHAAN CONSUMER GOODS PERIODE 2018-2020

Article Sidebar

pdf
Published: Jul 20, 2024
DOI: https://doi.org/10.24912/jpa.v6i3.30729
Keywords:
Asset Structure Liquidity Profitability Sales Growth Debt Policy

Main Article Content

Ester Rosiana
Elizabeth Sugiarto Dermawan

Abstract

This study aims to examine and analyze the influence of asset structure, liquidity, profitability, and sales growth on debt policy in consumer goods sector companies listed on the Indonesia Stock Exchange for the 2018-2020 period. The company sample in this study used purposive sampling and the selected sample was 37 consumer goods companies for the 2018-2020 period. This study uses secondary data from financial statements and techniques in data processing using multiple regression analysis and assisted by using the SPSS version 25 program. The results of this study indicate that the variables of asset structure, liquidity, profitability have a negative and significant effect on debt policy. Meanwhile, the sales growth variable has a negative and insignificant effect on debt policy.

Article Details

Issue
Vol. 6 No. 3 (2024): Juli 2024
Section
Articles
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

This work is licensed under a Jurnal Komunikasi Creative Commons Attribution-ShareAlike 4.0 International License.

References

Desmintari., & Yetty, F. (2016). Effect Of Profitability, Liquidity, and Assets Structure on the Company Debt Policy. International Journal Of Business Commerce, 5(06).

Ehikioya. (2018). An Empirical Analysis of the Determinants of Corporate Debt Policy of Nigerian Firms. International Journal of Economics and Financial Research, 4(6), 180-187.

Endri, E., Mustafa, B., & Rynandi, O. (2019). Determinants of Debt Policy of Real Estate and Property Companies Listed on the Indonesia Stock Exchange. International Journal of Economics and Financial Issues, 9(2), 96-104.

Hidayat, M. S. (2013). Pengaruh kepemilikan manajerial, kebijakan dividen, struktur aktiva, pertumbuhan penjualan, dan ukuran perusahaan terhadap kebijakan utang. Jurnal ilmu manajemen, 1(1), 12-25.

Jumaidi, A. W., Saragih, N. A., & Kholis, A. (2018). FAKTOR PENENTU KEBIJAKAN HUTANG PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA PERIODE 2016- 2018. JAKPI-Jurnal Akuntansi, Keuangan & Perpajakan Indonesia, 9(1), 83-95.

Linda., Lautania, M. F., & Arfandynata, M. (2017). Determinan Kebijakan Hutang: Bukti Empiris pada Perusahaan yang Terdaftar di Bursa Efek Indonesia. Jurnal Dinamika Akuntansi dan Bisnis, 4(1), 91-112.

Maldini, E., & Idayati, F. (2021). Pengaruh Likuiditas, Profitabilitas dan Struktur Aset terhadap Kebijakan Hutang pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2014-2018. Jurnal Ilmu dan Riset Akuntansi, 10(3), 2-20.

Muslim, A. I., & Puspa, I. F. (2019). Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Pertumbuhan Penjualan Dan Ukuran Perusahaan Terhadap Kebijakan Utang. Jurnal Riset Keuangan Dan Akuntansi, 5(1).

Nginang, Y. (2020). Pengaruh Likuiditas dan Profitabilitas. Jurnal Economix, 8(2), 33-44.

Novitasari, D. P., & Viriany. (2019). Pengaruh Profitabilitas, Ukuran Perusahaan Dan Likuiditas Terhadap Kebijakan Hutang Perusahaan Manufaktur. Jurnal Multiparadigma Akuntansi, 1(2), 153-162.

Prathiwi, D. I., & Yadnya, I. P. (2017). Pengaruh free cash flow, struktur aset, risiko bisnis dan profitabilitas terhadap kebijakan hutang (Doctoral dissertation, Udayana University).

Sunardi, N., Husain, T., & Kadim, A. (2020). Determinants of Debt Policy and Company’s Performance. International Journal of Economics and Business Administration, 8(4), 204-213.

Surento, H., & Fitriati, I. R. (2020). Kebijakan hutang perusahaan manufaktur di Indonesia. Al Tijarah, 6(3), 70-77.