[
ABSTRAKPenelitian ini bertujuan untuk menguji seberapa cepat penyesuaian (speed of
adjustment) perusahaan-perusahaan manufaktur di Indonesia terhadap leverage
dan pengaruh dari karakteristik perusahaan dan kondisi makroekonomi terhadap
leverage dengan menggunakan metode multiple regression. Periode penelitian
dari Januari 2003 ? Desember 2010.
Hasil pengujian hipotesis dengan uji t-test menyimpulkan hanya variabel growth
opportunity berpengaruh signifikan terhadap leverage. Variabel tangibility,
profitability, firm size, risk, inflasi, dan growth gross domestic product tidak
berpengaruh secara signifikan terhadap leverage.
Hasil penelitian ini juga menunjukkan bahwa perusahaan-perusahaan manufaktur
di Indonesia mempunyai speed of adjustment yang cepat untuk mencapai target
leverage-nya yaitu selama 1.6045 triwulan.
ABSTRACTThe purpose of this study is to analyze the speed of adjustment on manufacturing
companies in Indonesia towards the leverage and influence of firm characteristics
and macroeconomic conditions to the leverage, using multiple regression. The
period of this study from January, 2003 to December, 2010.
Result of the t-test hypothesis testing, that only growth opportunity has significant
effect to leverage. Tangibility, profitability, firm size, risk, inflation, and the
growth of Gross Domestic Product are not effect significantly to leverage.
The results also showed that the manufacturing company in Indonesia has high
levels of the speed of adjustmentis 1.6045 period;The purpose of this study is to analyze the speed of adjustment on manufacturing
companies in Indonesia towards the leverage and influence of firm characteristics
and macroeconomic conditions to the leverage, using multiple regression. The
period of this study from January, 2003 to December, 2010.
Result of the t-test hypothesis testing, that only growth opportunity has significant
effect to leverage. Tangibility, profitability, firm size, risk, inflation, and the
growth of Gross Domestic Product are not effect significantly to leverage.
The results also showed that the manufacturing company in Indonesia has high
levels of the speed of adjustmentis 1.6045 period;The purpose of this study is to analyze the speed of adjustment on manufacturing
companies in Indonesia towards the leverage and influence of firm characteristics
and macroeconomic conditions to the leverage, using multiple regression. The
period of this study from January, 2003 to December, 2010.
Result of the t-test hypothesis testing, that only growth opportunity has significant
effect to leverage. Tangibility, profitability, firm size, risk, inflation, and the
growth of Gross Domestic Product are not effect significantly to leverage.
The results also showed that the manufacturing company in Indonesia has high
levels of the speed of adjustmentis 1.6045 period;The purpose of this study is to analyze the speed of adjustment on manufacturing
companies in Indonesia towards the leverage and influence of firm characteristics
and macroeconomic conditions to the leverage, using multiple regression. The
period of this study from January, 2003 to December, 2010.
Result of the t-test hypothesis testing, that only growth opportunity has significant
effect to leverage. Tangibility, profitability, firm size, risk, inflation, and the
growth of Gross Domestic Product are not effect significantly to leverage.
The results also showed that the manufacturing company in Indonesia has high
levels of the speed of adjustmentis 1.6045 period, The purpose of this study is to analyze the speed of adjustment on manufacturing
companies in Indonesia towards the leverage and influence of firm characteristics
and macroeconomic conditions to the leverage, using multiple regression. The
period of this study from January, 2003 to December, 2010.
Result of the t-test hypothesis testing, that only growth opportunity has significant
effect to leverage. Tangibility, profitability, firm size, risk, inflation, and the
growth of Gross Domestic Product are not effect significantly to leverage.
The results also showed that the manufacturing company in Indonesia has high
levels of the speed of adjustmentis 1.6045 period]
T42683-Debby Mulditania.pdf :: Unduh