ANALISIS VARIABEL-VARIABEL YANG MEMENGARUHI KEBIJAKAN UTANG PERUSAHAAN
Abstract: Management company aims is to
prosper the owner.
The separation of management
functions and ownership
functions can lead a
conflicts of interest
between managers and
shareholders. To resolve the
conflict, needed mechanism of supervision, by using debt policy. Debt policy in
this study is proxied by the debt to equity ratio (DER). The purpose of this
research is to analyze the effect of insider ownership, institutional
ownership, dividend policy,
profitability, firm growth, firm
size, asset structure,
and tax on
debt policy. This research
used for 35
financial sector companies
which listed in Indonesia
Stock Exchange from
2007-2010. The result
of research shows that
profitability, firm growth,
and tax have
influence to debt policy.
While insider ownership,
institutional ownership, dividend policy, firm size, and asset
structure have not influence to debt policy.
Penulis: SUSANTI
Kode Jurnal: jpmanajemendd130996
