Forum Manajemen
Vol 11 No 1 (2013): Jurnal STIMI Vol. 11 No. 1 - 2013

PENGARUH RISIKO BISNIS DAN PERTUMBUHAN PERUSAHAAN TERHADAP STRUKTUR MODAL DAN NILAI PERUSAHAAN

I Made Suadnyana (Mahasiswa Program Studi Manajemen Program Pascasarjana Universitas Udayana)
Luh Putu Wiagustini (Mahasiswa Program Studi Manajemen Program Pascasarjana Universitas Udayana)



Article Info

Publish Date
01 Jul 2017

Abstract

This study aims to fi nd out the infl uence of business risk and fi rm growthtoward capital structure and the value of the fi rm. The population of this study wasall go public of industrial companies registered at The Indonesian Capital Marketfrom 2008 up to 2010. We use the path analisys technic to evaluate the relationsamong variables of non fi nancial industrial companies. While the direct and indirect impact of these variables were also observed.The result shows that business risk and fi rm growth have different impact towardboth capital structue and value of the fi rm. The fi rst regression shows that businessrisk has negatively signifi cant infl uence on capital structure and fi rm growth haspositively signifi cant infl uence on capital structure. The second regression showsthat bussiness risk has negatively signifi cant infl uence and fi rm growth has positivelysignifi cant infl uence on fi rm value. This study also confi rm that capital structure haspositively signifi cant infl uence on the fi rm value.

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Journal Info

Abbrev

FM

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

FM memiliki fokus utama pada pengembangan ilmu-ilmu Manajemen. Lingkup ranah ilmu manajemen antara lain meliputi; tetapi tidak hanya terbatas pada: Manajemen Keuangan, Manajemen Pemasaran, Manajemen SDM, Manajemen Perkantoran, dan Manajemen Bisnis Pariwisata, dan ...