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