ANALISIS PENGARUH DEBT TO TOTAL ASSET RATIO,DEBT TO EQUITY RATIO DAN LONG TERM DEBT TOEQUITY RATIO TERHADAP NILAI PERUSAHAAN (Studi Pada Perusahaan Otomotif Yang Listing Di Bursa Efek Jakarta Periode 2003 – 2005)
| Main Author: | Sa’diah, Fitriatus |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2007
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| Subjects: | |
| Online Access: |
http://eprints.umm.ac.id/8908/1/p.pdf http://eprints.umm.ac.id/8908/ |
Daftar Isi:
- In conducting the business of each company needs funds to maintain viability for their business development. Needs of a company funds generally include short-term funds, fund the medium term, and long-term funds or capital. Debt is an instrument which is very sensitive to changes in company value. While the company's value is determined by the company's capital structure itself. In the ANOVA F test results indicate that the jointly debt to total assets ratio, debt to equity ratio and long term debt to equity ratio significant effect on firm value. This is indicated by Fcount> Ftable (3686> 2.76) and probability values> (0018 <0.05), then Ha received; Ho rejected. From the analysis above in the regression equation to model: Y = 16 263 + 2.662X1 - 1.807X2 - 0.363X3. T test results obtained from debt to total asset ratio (X1) (0.05) or have a number of significance 0011 smaller than the t value (2629) is bigger than t table (2,000), so that said there is a significant partial effect on the value company. The variable debt to equity ratio (X2) has a number (0.05) or the t value significance smaller than 0002 (-3321) is smaller than t table (2,000), so that virtually no significant partial effect on firm value. Variable long term debt equity ratio (X3) has a significant number 0079 (0.05) or 1794 t value is smaller than bigger than t table (2,000), so that virtually no significant partial effect on firm value.