Determinant of Capital Structure of Cigarette Firm Listed on IDX

DOI

10.2991/aebmr.k.210510.012How to use a DOI?

Keywords

capital structure, liquidity, profitability, growth opportunity, company size, business risk, NDTS

Abstract

This study aims to determine the determinants of capital structure of cigarette companies in Indonesia. The data used in this study are for period of 2015-2019. The sample used was a cigarette company registered in IDX Analysis using partial adjustment model to identify liquidity, profitability, growth opportunity, company size, business risk factors and NDTS on capital structure. The analysis shows variables that have a significant effect on tobacco companies vary between companies. The results of the study can be a consideration for company managers cigarettes in Indonesia to consider the current determinant factors make changes in capital or other financial decisions. Research result also provides information for investors related to investment risks in cigarette companies in Indonesia

Copyright

© 2021, 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  - Nindi Vaulia Puspita
AU  - Muhammad Dian Ruhamak
AU  - Yudiarto Perdana
PY  - 2021
DA  - 2021/05/10
TI  - Determinant of Capital Structure of Cigarette Firm Listed on IDX
BT  - Proceedings of the 2nd International Conference on Business and Management of Technology (ICONBMT 2020)
PB  - Atlantis Press
SP  - 61
EP  - 64
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210510.012
DO  - 10.2991/aebmr.k.210510.012
ID  - Puspita2021
ER  -