Jurnal Ekonomi
Vol. 12 No. 3 (2023): Jurnal Ekonomi, 2023, September

THE EFFECT OF WORLD OIL PRICE, INFLATION, TANGIBILITY, PROFITABILITY ON LEVERAGE OF THE JAKARTA ISLAMIC INDEX COMPANY LISTING

Ronaldo Sihombing (Universitas Prima Indonesia)
Friska Novi Limbong (Universitas Prima Indonesia)
Justin Novanta Kristian Zai (Universitas Prima Indonesia)
Dwita Sakuntala (Universitas Prima Indonesia)
Manda Dwipayani Bhastary (Universitas Mahkota Tricom Unggul)



Article Info

Publish Date
16 Jun 2023

Abstract

The aim of the research is to identify how the influence of world oil prices, inflation, tangibility, profitability on the leverage of the Jakarta Islamic Index listing companies. 49 companies listed on the Jakarta Islamic Index (JII) from 2015-2019. Purposive sampling as the method applied to select samples, and 7 of these companies met the criteria. The research used a quantitative approach. Applying multiple linear regression analysis as an analytical technique. The leverage of the companies listed on the Jakarta Islamic Index is simultaneously influenced by world oil prices, inflation, tangibility and profitability. The findings of this study where world oil prices, inflation, tangibility, profitability partially have no effect on the leverage of the Jakarta Islamic Index listing companies.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Journal Ekonomi is a peer-reviewed journal that publishes scientific articles that are the results of original scientific research (top priority) and new scientific review articles (not priority) from various academics and researchers that have not been published elsewhere, including: 1. Accountancy ...