Research Article
Key Indicators for Determining Capital Structure for Public Companies in Indonesia
@INPROCEEDINGS{10.4108/eai.10-8-2022.2320890, author={Rendy Mirwan Aspirandi and Riyanto Setiawan Suharsono}, title={Key Indicators for Determining Capital Structure for Public Companies in Indonesia}, proceedings={Proceedings of the 3rd International Conference of Business, Accounting, and Economics, ICBAE 2022, 10-11 August 2022, Purwokerto, Central Java, Indonesia}, publisher={EAI}, proceedings_a={ICBAE}, year={2022}, month={8}, keywords={capital structure covid-19 tourist and hotel}, doi={10.4108/eai.10-8-2022.2320890} }- Rendy Mirwan Aspirandi
Riyanto Setiawan Suharsono
Year: 2022
Key Indicators for Determining Capital Structure for Public Companies in Indonesia
ICBAE
EAI
DOI: 10.4108/eai.10-8-2022.2320890
Abstract
This research has the purpose to explain the influence of assets consisting of asset structure (fixed assets ratio), liquidity (current ratio) and solvency (DAR) on capital structure (LTDER). This research has the population of tourism and hospitality companies that go public listed on the Indonesian Stock Exchange in the period 2018-2020, with total 35 companies, and using a sample technique, namely purposive sampling with a sampling technique with certain conditions, in order to obtain 22 companies that fullfills the criteria. sampling. This research uses data from secondary data collected by non-participant observation method. This research uses multiple linear regression analysis techniques. This paper produces research finding that the variable structure of the asset structure has no influence on the capital structure, the liquidity has an influence on the capital structure, and the solvency has an influence on the capital structure.
