Pengaruh Financial Leverage Dan Pertumbuhan Aktiva Terhadap Risiko Sistematis (BETA) (Studi Empiris Pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2010-2013)
Abstract: This study aimed to
test the Influence financial leverage and asset growth of the systematic risk
on companies listed in Indonesia Stock Exchange.
This study classified causative research. The population in this study
are all companies listed on the Stock Exchange in 2010 through 2013, and the
sample is determined by purposive sampling method in order to obtain 74 sample
firms. Types of data used are secondary data obtained from www.idx.co.id. The
analytical method used is multiple regression analysis.
The study concluded: (1) Financial leverage that do not affect the
systematic risk (beta) on the companies listed in Indonesia Stock Exchange with
β coefficient is negative at -0.226 and 0.017 significance value <0.05, (2)
Growth assets significant effect on the systematic risk (beta) on the companies
listed in Indonesia Stock Exchange with a coefficient β-value 0.107 and
significant value 0.252> 0.05.
Based on the above results, it is suggested: 1) Conduct further research
by replacing or adding other variables, such as the dividend payout, asset
size, operating leverage, earnings variability, cyclicality, liquidity and
accounting beta apart from the variables that have been examined in this study.
Penulis: Rina Soviani
Kode Jurnal: jpakuntansidd150509
