PENGARUH STRUKTUR MODAL TERHADAP KINERJA PERUSAHAAN

Zaki Imadudin, Fifi Swandari, Redawati .

Abstract


The  purpose  of  this  study  is  to  examine  the  impact  of  capital  structure  on corporate performance after crisis 2008. DAR and DER are used as independent variables and ROA and ROE are used as dependent variables. Two variables are used as control variables namely size and sales. 

The population in this study is index LQ 45 which are listed in Indonesia Stock Exchange during 2009-2012. Regression analysis were used to test the impact of capital structure on corporate performance.

The result shows that DAR has impact positive but not signifi cant with ROA and negative but not signifi cant with ROE while DER has negative but not signifi cant with ROA dan positive but not signifi cant with ROE. Size has negative but not signifi cant with ROA and ROE and Sales has positive signifi cant with ROA and ROE. 

Keywords :Capital Structure, corporate performance, size, sales.


Full Text:

PDF


DOI: http://dx.doi.org/10.20527/jwm.v2i1.35

Refbacks

  • There are currently no refbacks.


Copyright (c) 2017 Jurnal Wawasan Manajemen

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Creative Commons License
Jurnal Wawasan Manajemen by Magister Manajemen Fakultas Ekonomi dan Bisnis Universitas Lambung Mangkurat is licensed under a Creative Commons Attribution 4.0 International License. Based on a work at jwm.ulm.ac.id.