{"title":"在印尼证券交易所上市的国有企业(soe)公司杠杆的决定因素","authors":"Vivin Sri Wahyuni, M. Nofal, Ramli Hatma","doi":"10.59769/tajam.v4i2.34","DOIUrl":null,"url":null,"abstract":"This study analyzes the Determinants of Leverage of BUMN companies listed on the Indonesia Stock Exchange by testing 4 fundamental factors, namely Firm Size, Profitability, Asset Tangibility and Tobin's Q. The sample in this study is 15 BUMN companies listed on the Indonesia Stock Exchange for the period 2016-2021. Data were analyzed using panel data regression. Based on the results of the analysis, the direct effect is concluded that 1) Firm Size has a positive and significant effect on Leverage; 2) Profitability has a negative and significant effect on Leverage; 3) Asset Tangibility has a positive and significant effect on Leverage; 4) Tobin's Q has a negative and insignificant effect on Leverage; 5) Firm Size, Profitability, Asset Tangibility and Tobin's Q simultaneously have a positive and significant effect on the Leverge of BUMN companies listed on the Indonesia Stock Exchange for the 2016-2021 period. \n \nKeywords: Leverage, Firm Size, Profitability, Asset Tangibility, Tobin's Q","PeriodicalId":434786,"journal":{"name":"TADULAKO INTERNATIONAL JOURNAL OF APPLIED MANAGEMENT","volume":"14 2 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2022-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"DETERMINANTS OF THE LEVERAGE IN COMPANIES OF STATE-OWNED ENTERPRISE (SOE) LISTED ON THE INDONESIA STOCK EXCHANGE\",\"authors\":\"Vivin Sri Wahyuni, M. Nofal, Ramli Hatma\",\"doi\":\"10.59769/tajam.v4i2.34\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study analyzes the Determinants of Leverage of BUMN companies listed on the Indonesia Stock Exchange by testing 4 fundamental factors, namely Firm Size, Profitability, Asset Tangibility and Tobin's Q. The sample in this study is 15 BUMN companies listed on the Indonesia Stock Exchange for the period 2016-2021. Data were analyzed using panel data regression. Based on the results of the analysis, the direct effect is concluded that 1) Firm Size has a positive and significant effect on Leverage; 2) Profitability has a negative and significant effect on Leverage; 3) Asset Tangibility has a positive and significant effect on Leverage; 4) Tobin's Q has a negative and insignificant effect on Leverage; 5) Firm Size, Profitability, Asset Tangibility and Tobin's Q simultaneously have a positive and significant effect on the Leverge of BUMN companies listed on the Indonesia Stock Exchange for the 2016-2021 period. \\n \\nKeywords: Leverage, Firm Size, Profitability, Asset Tangibility, Tobin's Q\",\"PeriodicalId\":434786,\"journal\":{\"name\":\"TADULAKO INTERNATIONAL JOURNAL OF APPLIED MANAGEMENT\",\"volume\":\"14 2 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2022-08-15\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"TADULAKO INTERNATIONAL JOURNAL OF APPLIED MANAGEMENT\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.59769/tajam.v4i2.34\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"TADULAKO INTERNATIONAL JOURNAL OF APPLIED MANAGEMENT","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.59769/tajam.v4i2.34","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
DETERMINANTS OF THE LEVERAGE IN COMPANIES OF STATE-OWNED ENTERPRISE (SOE) LISTED ON THE INDONESIA STOCK EXCHANGE
This study analyzes the Determinants of Leverage of BUMN companies listed on the Indonesia Stock Exchange by testing 4 fundamental factors, namely Firm Size, Profitability, Asset Tangibility and Tobin's Q. The sample in this study is 15 BUMN companies listed on the Indonesia Stock Exchange for the period 2016-2021. Data were analyzed using panel data regression. Based on the results of the analysis, the direct effect is concluded that 1) Firm Size has a positive and significant effect on Leverage; 2) Profitability has a negative and significant effect on Leverage; 3) Asset Tangibility has a positive and significant effect on Leverage; 4) Tobin's Q has a negative and insignificant effect on Leverage; 5) Firm Size, Profitability, Asset Tangibility and Tobin's Q simultaneously have a positive and significant effect on the Leverge of BUMN companies listed on the Indonesia Stock Exchange for the 2016-2021 period.
Keywords: Leverage, Firm Size, Profitability, Asset Tangibility, Tobin's Q
求助内容：
应助结果提醒方式：
京公网安备 11010802042870号
