PENGARUH KEPEMILIKAN INSTITUSIONAL, UKURAN PERUSAHAAN, PROFITABILITAS DAN RISIKO BISNIS TERHADAP KEBIJAKAN HUTANG PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2008-2012
ABSTRACT: The purpose of this
study is to know the effect of Institutional Ownership, Firm Size,
Profitability, and Business
Risk on Manufacture
Firm Debt Policy Listed in Indonesia Stock Exchange. The sample using
purposive sampling. The research
model in this
study employs panel
data analysis with
fixed effect approach. The
empirical results show that institutional ownership and firm size have positive
and significant effect
on debt policy.
ROA have negative significant effect
on debt policy,
but business risk
have negative and
not significant effecton debt
policy. Simultaneous test
showed that institutional ownership, firm size,
profitability, and business risk effect the debt policy.
Penulis: Umi Mardiyati, Susi
Susanti, Gatot Nazir Ahmad
Kode Jurnal: jpmanajemendd140815