{"title":"股权结构与债务政策:以房地产公司为例","authors":"A. Tasman, Erni Masdupi, S. Safitri","doi":"10.2991/piceeba-19.2019.41","DOIUrl":null,"url":null,"abstract":"In carrying out its operational activities, a company will greatly depend on its funding sources, namely internal funding, and external funding. Debt policy is one of the risky external funding sources. This study aims to see the relationship between insider ownership and institutional ownership with the debt policy of property and real estate companies listed on the Indonesia Stock Exchange in 2012-2015. The sample was chosen based on purposive sampling. To get results that can better explain the phenomenon, this study uses several control variables, namely dividend payment, firm size, asset structure, profitability, and tax rate. The data analysis technique used in this study is the partial correlation. The results of this study indicate that insider ownership and institutional ownership have no correlation with debt policy in property and real estate companies listed on the Indonesia Stock Exchange","PeriodicalId":31784,"journal":{"name":"International Conference on Economics Education Business and Accounting","volume":"19 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"Ownership Structure and Debt Policy: Evidence in Property and Real Estate Company\",\"authors\":\"A. Tasman, Erni Masdupi, S. Safitri\",\"doi\":\"10.2991/piceeba-19.2019.41\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In carrying out its operational activities, a company will greatly depend on its funding sources, namely internal funding, and external funding. Debt policy is one of the risky external funding sources. This study aims to see the relationship between insider ownership and institutional ownership with the debt policy of property and real estate companies listed on the Indonesia Stock Exchange in 2012-2015. The sample was chosen based on purposive sampling. To get results that can better explain the phenomenon, this study uses several control variables, namely dividend payment, firm size, asset structure, profitability, and tax rate. The data analysis technique used in this study is the partial correlation. The results of this study indicate that insider ownership and institutional ownership have no correlation with debt policy in property and real estate companies listed on the Indonesia Stock Exchange\",\"PeriodicalId\":31784,\"journal\":{\"name\":\"International Conference on Economics Education Business and Accounting\",\"volume\":\"19 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2019-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Conference on Economics Education Business and Accounting\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2991/piceeba-19.2019.41\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Conference on Economics Education Business and Accounting","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2991/piceeba-19.2019.41","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Ownership Structure and Debt Policy: Evidence in Property and Real Estate Company
In carrying out its operational activities, a company will greatly depend on its funding sources, namely internal funding, and external funding. Debt policy is one of the risky external funding sources. This study aims to see the relationship between insider ownership and institutional ownership with the debt policy of property and real estate companies listed on the Indonesia Stock Exchange in 2012-2015. The sample was chosen based on purposive sampling. To get results that can better explain the phenomenon, this study uses several control variables, namely dividend payment, firm size, asset structure, profitability, and tax rate. The data analysis technique used in this study is the partial correlation. The results of this study indicate that insider ownership and institutional ownership have no correlation with debt policy in property and real estate companies listed on the Indonesia Stock Exchange