PENGARUH PROFITABILITAS, KEBIJAKAN DIVIDEN, PAJAK PERUSAHAAN DAN RISIKO BISNIS TERHADAP KEBIJAKAN UTANG PADA PERUSAHAAN REAL ESTATE DAN PROPERTY YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) TAHUN 2011-2014
Daftar Isi:
- DEWI LEVIANTI. The Influence of Profitability, Dividend Policy, Corporate Tax and Business Risk to Debt Policy on Real Estate and Property Companies Listed in Indonesia Stock Exchange (BEI) in 2011-2014. Faculty of Economics, State University of Jakarta, 2017. This research aims to examine and analyse the influence of profitability, dividend policy, corporate tax and business risk to debt policy. From 43 populations, researcher obtained samples as many as 27 real estate and property companies listed on the Indonesia stock exchange (BEI) in 2011-2014. The sample selection method uses purposive random sampling method. The data that is used in this research consists of annual financial reports obtained from Indonesia stock exchange website, company websites, and Indonesian Capital Market Directory (ICMD), as data of quarterly financial statements of period I-IV obtained from Indonesia stock exchange (BEI) website and The Indonesia Capital Market Institute (TICMI) website. The research method uses quantitative method with casuality design research. The Method of data analysis is panel data regression by doing chow test and hausman test resulting the best panel data regression model is the random effect model. The result research shows that profitability has positive significant effect on debt policy, while other independent variables such as dividend policy, corporate tax and business risks do not have a significant effect on debt policy. Keywords: Debt policy, profitability, dividend policy, corporate tax, business risk.