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PENGUJIAN PENGARUH CAPITAL STUCTURE PADA DEBT POLICY (Studi Empiris pada Perusahaan Manufaktur di Indonesia) D.L, Wuryaningsih
Benefit Volume 8 No 2 Desember 2004
Publisher : Universitas Muhammadiyah Surakarta

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Abstract

This research aim to test the impact of capital structure to company debt policy. The capitalstructure consisted by insider ownership, institutional investor, and shareholder dispersion. This researchuse sample of all manufacturing business which enlisted in Jakarta Stock Exchange during year ofl999 - 2002. result of partial test indicated that shareholder dispersion variable have a significant effectto company debt policy. Examination by simultaneously indicate that all component of capital structurehave a significant effect on negativity to company debt policy. Equally, all variables mirroring expense ofagent serve to purpose of instrument of determinant of debt policy to minimize agency cost.
PENGUJIAN PENGARUH CAPITAL STUCTURE PADA DEBT POLICY (Studi Empiris pada Perusahaan Manufaktur di Indonesia) D.L, Wuryaningsih
Benefit: Jurnal Manajemen dan Bisnis Benefit : Kumpulan Makalah Diskusi Dosen FE UMS Volume 8 No 2 Desember 2004
Publisher : Universitas Muhammadiyah Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23917/benefit.v8i2.1199

Abstract

This research aim to test the impact of capital structure to company debt policy. The capitalstructure consisted by insider ownership, institutional investor, and shareholder dispersion. This researchuse sample of all manufacturing business which enlisted in Jakarta Stock Exchange during year ofl999 - 2002. result of partial test indicated that shareholder dispersion variable have a significant effectto company debt policy. Examination by simultaneously indicate that all component of capital structurehave a significant effect on negativity to company debt policy. Equally, all variables mirroring expense ofagent serve to purpose of instrument of determinant of debt policy to minimize agency cost.