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Analisis capital structure dan hubungannya dengan performa keuangan dan nilai perusahaan yang listing di Bursa Efek Indonesia
In general, this thesis discuss about how capital structure correlates with financial variables (including value of the firm) for listed companies in Indonesia. Finally, the correlations will give us an information about how important capital structure affecting corporate financial performances, which include liquidity, solvability, profitability, and value of the firm. In order to meet its objective, this thesis use two models. First model contain correlation between value of the firm (as dependent variable) and capital structure (as independent variable), while the second model contain correlation among capital structure (as dependent variable) with liquidity ratios (current ratio, quick ratio,dan times interest earned), assets solvability ratio (debt-to-total assets ratio), profitability ratio (profit margin, return on equity,dan return on assets), and stocks return for listed companies in Indonesian Stocks Exchange during 2002-2007. This research is a quantitative research with hypotesis testing. Our research discover that in the first model, capital structure does not have significant influence over the value of the firm and negatively correlated with it. In second model, our research discover that current ratio, quick ratio, times interest earned, profit margin, and return on assets are negatively correlated with the value of the firm while debt total assets, return on equity, and stocks return are positively correlated with the value of the firm. We also discover that times interest earned, debt to total assets ratio, return on assets, and return on equity have significant influence over the value of the firm. While the current ratio, quick ratio, profit margin, and stocks return has not significantly influence the value of the firm.Ada tabel
Call Number | Location | Available |
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6557 | PSB lt.2 - Karya Akhir | 1 |
Penerbit | Depok Departemen Akuntansi, Fakultas Ekonomi Universitas Indonesia., 2009 |
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Edisi | - |
Subjek | Financial performance Stock return Capital structure of companies enterprise value Liquidity ratios Profitability ratios |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | xii, 115 p. : diagr. ; 30 cm. |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |