Proceedings of the 1st International Conference on Economics and Business, ICEB 2023, 2-3 August 2023, Padang, Sumatera Barat, Indonesia

Research Article

Profitability, Liquidity, Company Size, And Sales Growth Effects On Debt Policy In Food And Beverage Sub-Sector Companies Listed On The Indonesia Stock Exchange In 2016–2021

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  • @INPROCEEDINGS{10.4108/eai.2-8-2023.2341848,
        author={Ferdicky Aditama  Santosa and Achmad Hasan  Hafidzi and Bayu  Wijayantini},
        title={Profitability, Liquidity, Company Size, And Sales Growth Effects On Debt Policy In Food And Beverage Sub-Sector Companies Listed On The Indonesia Stock Exchange In 2016--2021},
        proceedings={Proceedings of the 1st International Conference on Economics and Business, ICEB 2023, 2-3 August 2023, Padang, Sumatera Barat, Indonesia},
        publisher={EAI},
        proceedings_a={ICEB},
        year={2024},
        month={6},
        keywords={profitability liquidity company size sales growth debt policy},
        doi={10.4108/eai.2-8-2023.2341848}
    }
    
  • Ferdicky Aditama Santosa
    Achmad Hasan Hafidzi
    Bayu Wijayantini
    Year: 2024
    Profitability, Liquidity, Company Size, And Sales Growth Effects On Debt Policy In Food And Beverage Sub-Sector Companies Listed On The Indonesia Stock Exchange In 2016–2021
    ICEB
    EAI
    DOI: 10.4108/eai.2-8-2023.2341848
Ferdicky Aditama Santosa1,*, Achmad Hasan Hafidzi1, Bayu Wijayantini1
  • 1: University of Muhammadiyah Jember
*Contact email: dickyaditama08@gmail.com

Abstract

This study aims to examine the effect of profitability, liquidity, company size, and sales growth on debt policy in food and beverage companies listed on the Indonesia Stock Exchange in 2016- 2021. This type of research is quantitative research, the population in this study were all food and beverage companies listed on the Indonesia Stock Exchange in 2016-2021 and selected using the non-probability Random Sampling type with the Convenience Sampling technique, so that a sample of 14 companies that met the criteria was obtained. The data analysis technique used in this research is multiple regression analysis methods. The results of this study indicate that Return on Asset has no significant effect on debt policy ; Current Ratio has a significant effect on debt policy;. Size has a significant effect on debt policy; and Sales Growth has no significant effect on debt policy.