Ownership Structure and Debt Policy: Evidence in Property and Real Estate Company

DOI

10.2991/piceeba-19.2019.41How to use a DOI?

Keywords

Debt Policy, Ownership Structure, Insider Ownership, Institutional Ownership

Abstract

sources, namely internal funding, and external funding. Debt policy is one of the risky external funding sources. This study aims to see the relationship between insider ownership and institutional ownership with the debt policy of property and real estate companies listed on the Indonesia Stock Exchange in 2012-2015. The sample was chosen based on purposive sampling. To get results that can better explain the phenomenon, this study uses several control variables, namely dividend payment, firm size, asset structure, profitability, and tax rate. The data analysis technique used in this study is the partial correlation. The results of this study indicate that insider ownership and institutional ownership have no correlation with debt policy in property and real estate companies listed on the Indonesia Stock Exchange

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  - Abel Tasman
AU  - Erni Masdupi
AU  - Syawila Safitri
PY  - 2019/09
DA  - 2019/09
TI  - Ownership Structure and Debt Policy: Evidence in Property and Real Estate Company
BT  - Proceedings of the Third Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2019)
PB  - Atlantis Press
SP  - 478
EP  - 484
SN  - 2352-5428
UR  - https://doi.org/10.2991/piceeba-19.2019.41
DO  - 10.2991/piceeba-19.2019.41
ID  - Tasman2019/09
ER  -