Wanty, Betty Oktaviana (2011) Pengaruh kepemilikan manajerial, kepemilikan institusional, kebijakan deviden, ukuran perusahan, struktur aktiva, dan resiko terhadap kebijakan hutang perusahaan (Pada perusahaan yang listing di BEI pada tahun 2003-2007) / Betyy Oktaviana Wanty. Diploma thesis, Universitas Negeri Malang.
Full text not available from this repository.Abstract
Key Word managerial ownership institutional ownership dividend policy firm size asset structure risk and debt policy. The Company is an institution that has the aim to generate profits to increase corporate value and shareholder wealth. Entrust the management of the company shareholders on managers. Managers as agents of shareholders must perform three functions namely investment decisions financing decisions and dividend decisions. Funding decisions in connection with the debt policy is very important for the company. Debt is one source of external funding that never escape from corporate life. there are several answers that are believed to be the reason why companies make savings tax debt policy guidance and funding from creditors. Total outstanding loans indicates the amount of capital used in company operations. Debt can cause cash flow risk of the company s inability to meet its obligations resulting in financial difficulties. Therefore companies should be more prudent debt policy. This study aims to examine the effect of managerial ownership institutional ownership dividend policy firm size asset structure and the risk of debt policy. The population in this studies are listed companies in Jakarta Stock Exchange from 2003 to 2007. Sampling was conducted using purposive sampling techniques sampling techniques with particular consideration to obtain a representative sample. So in this study is a company registered impose managerial ownership institutional ownership and dividend payments of at least three times during the years 2003-2007. Data used in this research is secondary data such as financial reports published in ICMD 2003-2007. Technical analysis of the data used in this study is the technique of multiple linear regression analysis. Results showed that managerial ownership variables simultaneously the institutional ownership dividend policy firm size asset structure and the risk of significant impact on corporate debt policy. Variable managerial ownership and institutional ownership is partial no significant impact on corporate debt policy debt policy variables firm size asset structure and the risk of partially affect corporate debt policy. Independent variables and managerial ownership institutional ownership dividend policy firm size asset structure and risk having the ability to explain changes in the dependent variable that the debt was low because most of the changes in the dependent variable is explained by other variables outside of research. Based on this study are advised to research the company further to the owners and managers should consider exactly about variables that influence it that company is not experiencing a huge financial risk. Similarly investors must decide what investment decisions will be selected by observing the policy of debt for profit. For the next researcher who will conduct research with the same theme it is advisable to use more samples as well as increase the number of independent variables.
| Item Type: | Thesis (Diploma) |
|---|---|
| Subjects: | ?? ?? |
| Divisions: | Fakultas Ekonomi dan Bisnis (FEB) > Departemen Manajemen (MNJ) > S1 Manajemen |
| Depositing User: | library UM |
| Date Deposited: | 27 Dec 2011 04:29 |
| Last Modified: | 09 Sep 2011 03:00 |
| URI: | http://repository.um.ac.id/id/eprint/31185 |
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