Jurnal Analisis Bisnis Ekonomi
Vol 6 No 1 (2008): Volume 6, Nomor 1, April 2008

PENGARUH STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEDANG BERTUMBUH YANG BERBEDA: (PENGUJIAN AGENCY THEORY)

Dwi, Bestari (Unknown)



Article Info

Publish Date
24 Mar 2017

Abstract

This study purposed to test capitalstructure theory that was the effects of capital structure to company variable in different growing company based on agency cost. The capial structure theory tested in this study was agency theory tests. The sample observations were 70 manufacuring companies listed in BEJ that were grouped as growth and non growth companies by usingscore of P/E Raio. This study was using time series data (from 2004 until 2006). The hypothesis in this sudy as built based on agency theories. The hypothesis test was done by regressing independent and dependent variables in growth and non growth companies. Analysis to test result was done by comparing significant value (sig.t) among the results in the analysis by 95% degree freedom, regression analysis was also seen fron coefficient and t values taht were negative or positive. It was because hypothesis proposed in this study were positively or negatively correlated. The result of study showed taht there were evidences of manufacturing companies funding pattern in Indoneisa followed agency hypothesis. The result of regression model showed that leverage negatively affected tobins q in growth company, while leverage positively affected to tobis q in growth company.

Copyrights © 2008






Journal Info

Abbrev

bisnisekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

urnal Analisis Bisnis Ekonomi is a journal published by the Faculty of Economics and Business, Universitas Muhammadiyah Magelang, published twice a year in April and October. The publication of this journal is intended as a medium of information exchange and scientific work between faculty, alumni, ...