The Effect of Capital Structure for Firm Performance in Manufacturing Companies Listed of the Indonesia Stock Market

DOI

10.2991/aebmr.k.201126.003How to use a DOI?

Keywords

Capital Structure, Firm Performance

Abstract

The purpose of this study is to examine the effect of capital structure on company performance in all manufacturing companies listed on the Indonesia Stock Exchange for five years from the 2014-2018 period. In the capital structure variable is measured by Total Debt to Total Assets (TDTA), Long-Term Debt to Total Assets (LTDTA), Short-Term Debt to Total Assets (STDTA). Company performance variables are measured by the ratio of Return on Assets (ROA). While the population in this study is all manufacturing companies listed on the Indonesia Stock Market. The final sample was obtained by 360 companies for five years using a purposive sampling method. Then for the type of data in this study, researchers used secondary data obtained from IDX by using multiple regression analysis methods. In this study the results of the analysis found that capital structure has a negative and significant effect on firm performance in both models.

Copyright

© 2020, 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  - Nini
AU  - Dina Patrisia
PY  - 2020
DA  - 2020/11/27
TI  - The Effect of Capital Structure for Firm Performance in Manufacturing Companies Listed of the Indonesia Stock Market
BT  - Proceedings of the 5th Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA-5 2020)
PB  - Atlantis Press
SP  - 17
EP  - 23
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201126.003
DO  - 10.2991/aebmr.k.201126.003
ID  - 2020
ER  -