Pecking Order Theory

DOI

10.2991/icmemm-18.2019.36How to use a DOI?

Keywords

pecking order theory, profitability, liquidity, growth

Abstract

Investation the company do for expantion or top up the gain make the assets and anticipation company needed in the future. This research aimed to determine to what extent of profitability, liquidity, and company’s growth affect capital structure of public companies in Indonesia and to determine the most dominant variabel affecting capital structure of public companies in Indonesia. The research used statistic test. The sample consisted of 173 companies selected using disproportionate stratified random sampling. The data were analyzed using regression analysis with SPSS 23. The results of the research indicate that (1) profitability affects capital structure, (2) liquidity affects capital structure, (3) company's growth does not affects capital structure

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Dian Novita
AU  - Yasmi
AU  - Dinar
AU  - Nirwana
PY  - 2019/03
DA  - 2019/03
TI  - Pecking Order Theory
BT  - Proceedings of the First International Conference on Materials Engineering and Management - Management Section (ICMEMm 2018)
PB  - Atlantis Press
SP  - 172
EP  - 175
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmemm-18.2019.36
DO  - 10.2991/icmemm-18.2019.36
ID  - Novita2019/03
ER  -