How do firm’s specific factors affect capital structure? Empirical study on 50 biggest market capitalization of the Indonesia stock exchange (2013–2018)

2020 ◽  
pp. 99-104
Author(s):  
S. Heliola ◽  
D. Disman ◽  
I. Waspada
Keyword(s):  
Empirical Study ◽  
Capital Structure ◽  
Stock Exchange ◽  
Market Capitalization ◽  
Specific Factors

scholarly journals THE INFLUENCE OF PROFITABILITY RATIOS, CAPITAL STRUCTURE AND SHAREHOLDING STRUCTURE AGAINST ON VALUE COMPANY (EMPIRICAL STUDY OF COAL MINING COMPANIES LISTED ON THE STOCK EXCHANGE OF INDONESIA YEAR 2011-2013)

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Gilang Ramadhan Fajri ◽  
Dwi Asih Surjandari
Keyword(s):  
Empirical Study ◽  
Capital Structure ◽  
Coal Mining ◽  
Firm Value ◽  
Stock Exchange ◽  
Partial Regression Coefficient ◽  
Mining Companies ◽  
Negative Effect ◽  
Profitability Ratios ◽  
Positive Effect

This study has the objective to assess the "Influence of Profitability Ratios, Capital Structure and Shareholding Structure Against On Value Company (Empirical Study of Coal Mining Companies Listed on the Stock Exchange of Indonesia Year 2011-2013)" The analysis technique used in this research is multiple linear regression and hypothesis testing using tstatistic to test the partial regression coefficient and f-statistic to test the feasibility of the research model with a 10% level of significance. It also conducted a classic assumption test including normality test, multicolinearity test, heteroscedasticity test and autocorrelation test. Based on the results of the study indicate that Profitability Return on equity positive effect on firm value. Earning pershare significant positive effect on the value of the company. The capital structure has a positive effect on firm value. institutional ownership has significant negative effect on the value of the company. Managerial ownership negatively affect the value of the company

scholarly journals THE DETERMINANTS OF FIRM’S CAPITAL STRUCTURE: EVIDENCE OF SHARIAH AND NON-SHARIAH STOCK COMPANIES IN INDONESIA

El Dinar ◽  
2015 ◽  
Vol 3 (2) ◽  
Author(s):  
Choirul Nikmah ◽  
Suhadak Suhadak ◽  
Kertahadi Kertahadi ◽  
Hsien- Hung Yeh
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Negative Influence ◽  
Font Size ◽  
Industry Type ◽  
Industry Effect ◽  
Specific Factors

<h1><em style="font-size: 10px;">Abstract</em></h1><p><em>This research investigates the determinants of capital structure for firms in Indonesia from the perspective of Shariah and non-Shariah stocks. The research was conducted using 222 non financial companies that listing in Indonesia Stock Exchange (IDX) during the period of 2007 to 2012. This study tested using multiple linier regressions with panel data.The results show that firm-specific factors such as profitability and tangibility have significant negative influence on capital structure. There is no direct industry effect on capital structure but the interaction between industry type and Shariah and non-Shariah stocks do affect the determination of capital structure. In addition, the interaction between firm-specific factors and Shariah and non-Shariah stocks affects capital structure of firms in Indonesia. </em></p>

scholarly journals Strategic Factors in the Capital Structure of the Services and Communication Sectors in Mexico

2015 ◽  
pp. 33-50
Author(s):  
Juan Gaytán Cortés ◽  
Joel Bonales Valencia ◽  
Juan Antonio Vargas Barraza
Keyword(s):  
Mathematical Model ◽  
Empirical Study ◽  
Capital Structure ◽  
Stock Exchange ◽  
Theoretical Framework ◽  
Strategic Factors ◽  
Communication Sector ◽  
The Mathematical Model ◽  
The Capital Structure

The purpose of this research was to identify the strategic factors of the country and the companies, to incorporate long term debt in the capital structure of the companies of services and the communication sector that they quoted on the Mexican Stock Exchange in the periods 2000-2012.The mathematical model and the factors used in this empirical study were used in the investigations that were analyzed in the theoretical framework.

scholarly journals The Role Of Foreign Ownership In Moderating The Effect Of Company Size On Intellectual Capital Disclosure

2019 ◽  
Vol 23 (1) ◽  
pp. 113
Author(s):  
Ming Chen
Keyword(s):  
Empirical Study ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Foreign Ownership ◽  
Company Size ◽  
Manufacturing Companies ◽  
Market Capitalization ◽  
Testing Tool ◽  
The Relationship

The purpose of the empirical study is to examine whether foreign ownership in moderating the relationship between company size and disclosure of intellectual capital. In this study, the variables of foreign ownership are measured by the amount of foreign ownership divided by the total number of shareholders in the company. The size of the company is proxied by Market Capitalization. Moreover, the disclosure of intellectual capital is measured by the ICD (Intellectual Capital Disclosure) Index which amounts to 25 items. The sample of this research is manufacturing companies listed on the Indonesia Stock Exchange from 2014 to 2017. This study uses the MRA model and uses SPSS as a testing tool. The result of this study is the foreign ownership is able to moderate the relationship between company size and disclosure of intellectual capital.

scholarly journals DETERMINANTS AFFECTING THE CAPITAL STRUCTURE DECISION OF A FIRM (A CASE STUDY OF TEXTILE SECTOR IN PAKISTAN)

2021 ◽  
Vol 3 (3) ◽  
pp. 118-133
Author(s):  
SADDAM HUSSAIN ◽  
Chunjiao Yu ◽  
Xiao Ling
Keyword(s):  
Capital Structure ◽  
Firm Growth ◽  
Stock Exchange ◽  
Secondary Data ◽  
Balance Sheets ◽  
Return On Equity ◽  
Leverage Ratio ◽  
Equity Ratio ◽  
Specific Factors ◽  
Textile Sector

In this paper, we have examined the influence of specific factors based on a capital structure sample of five Pakistani textile sector (Leveraged) companies. The secondary data came from an analysis of the balance sheets of five companies listed on the Karachi Stock Exchange between 2004 and 2014.Regression and correlation analysis on the panel data shows that profitability is negatively correlated with leverage ratio, while tangibility is positively correlated with leverage ratio, but not significantly. Firm size and firm growth are also positively and significantly correlated with leverage. Return on equity is also negatively correlated with leverage. Our findings also show that large textile firms, compared with small ones, finance long-term through debt. Keywords: Capital Structure, Return on equity, Profitability, Tangibility, Leverage, Debt to equity ratio, Pakistan.

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