UPI YPTK Journal of Business and Economics
Vol. 6 No. 1 (2021): January 2021

The Influence of Ownership on Capital Structure Of Companies Listed In Indonesia Stock Exchange (IDX)

Desi Ilona (Universitas Putra Indonesia YPTK)
Titami Seprianti (Universitas Putra Indonesia YPTK)
Hilda Mary (Universitas Putra Indonesia YPTK)



Article Info

Publish Date
04 Jul 2021

Abstract

The purpose of this research is to analyze the effect of foreign, institutional, and family ownership on capital structure. The two control variables include company size and profitability, while the secondary data were obtained from the financial firm, and 2014-2018 annual report. Sampling technique by using total sampling method. A total of 197 companies listed on the Indonesia Stock Exchange (IDX) were sampled. Data analysis by used descriptive analysis, classic assumption test and pane data regression. The results showed that foreign, institutional, and family ownerships have no significant effect on capital structure. However, firm size and profitability have positive and negative significant effects on capital structure, respectively.

Copyrights © 2021






Journal Info

Abbrev

jbe

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

UPI YPTK Journal of Business and Economics is a peer reviewed journal published by Universitas Putra Indonesia, YPTK, Padang West Sumatera, Indonesia. The journal publishes original works that advance knowledge of theory, practice and research in the area of management including Accounting, ...