Analysis The Determinants of Capital Structure and The Measurement of Speed of Adjustment in Manufacturing Firms Listed on Indonesia Exchange Stock
Dublin Core
Title
Analysis The Determinants of Capital Structure and The Measurement of Speed of Adjustment in Manufacturing Firms Listed on Indonesia Exchange Stock
Subject
Business Risk, Capital Structure, Investment, Profitability, Speed of Adjustment
Description
The goal of this study is to analyze the factors affecting capital structure and the measurement of speed of adjustment of capital structure. The factors used were profitability, business risk, and investment. Financial leverage was used as a dependent variable proxied by debt-to-equity ratio. The sampling technique used was purposive sampling with 35 manufacturing firms listed on Indonesia Stock Exchange from 2017-2023. This study used panel data regression as an analytical method. The results of this study show that profitability positively affects financial leverage. Manufacturing firmsofconsumer goodssubsectorcould adjust the optimal leverage less than a year. The study is expected to be a reference for management and academics
Creator
Esti Wiyandari1, Adler Haymans Manurung2
Source
https://dinastipub.org/DIJEFA/article/view/3127/2175
Publisher
Universitas Trisakti
Date
19 September 2024
Contributor
Format
PDF
Language
English
Type
Text
Files
Collection
Citation
Esti Wiyandari1, Adler Haymans Manurung2, “Analysis The Determinants of Capital Structure and The Measurement of Speed of Adjustment in Manufacturing Firms Listed on Indonesia Exchange Stock,” Repository Horizon University Indonesia, accessed April 19, 2025, https://repository.horizon.ac.id/items/show/6311.