Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2023)

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The Determinants of Capital Structure: The Used of Total Debt, Short Debt, Long Debt, and Bank Debt

Authors
Dyah Arini Rudiningtyas1, Yuli Soesetio2, *, Nurokta Zila Putri Arifin2
1Department of Accounting, Faculty of Economic, Universitas Islam Malang, Malang, Indonesia
2Department of Management, Faculty of Economic and Business, Universitas Negeri Malang, Malang, Indonesia
*Corresponding author. Email: yuli.soesetio.fe@um.ac.id
Corresponding Author
Yuli Soesetio
Available Online 30 November 2023.
DOI
10.2991/978-94-6463-302-3_5How to use a DOI?
Keywords
Capital Structure; Profitability; Non-Debt Tax Shield; Tangibility; Dividend Payout
ABSTRACT

The capital structure is an integral part of every company’s operating activities. The goal of this study is to figure out the elements that influence the capital structure of the company. In this study, the populace used all the firms listed on IDX. The study sample includes all firms listed in IDX from 2010 to 2019 a total of 700 companies. Analysis techniques used multiple regressions with the Ordinary Least Square (OLS) method. The test results showed that profitability had a considerable negative influence on the capital receipts projected with total debt and short debt. Non debt tax shield has a considerable beneficial impact on total debt. Tangibility has a strong negative impact on total and short debt, but a big favorable impact on long debt and bank debt. The dividend payout ratio has a substantial negative influence on capital structure.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
30 November 2023
ISBN
978-94-6463-302-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-302-3_5How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Dyah Arini Rudiningtyas
AU  - Yuli Soesetio
AU  - Nurokta Zila Putri Arifin
PY  - 2023
DA  - 2023/11/30
TI  - The Determinants of Capital Structure: The Used of Total Debt, Short Debt, Long Debt, and Bank Debt
BT  - Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2023)
PB  - Atlantis Press
SP  - 32
EP  - 38
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-302-3_5
DO  - 10.2991/978-94-6463-302-3_5
ID  - Rudiningtyas2023
ER  -