The impact of profitability, free cash flow, asset structure and ownership concentration, towards debt policy in Indonesia (agriculture company listed in Indonesia stock exchange)

Steven, Steven (2019) The impact of profitability, free cash flow, asset structure and ownership concentration, towards debt policy in Indonesia (agriculture company listed in Indonesia stock exchange). Bachelor thesis, Universitas Pelita Harapan.

[img] Text (Titile)
Title.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (3MB)
[img]
Preview
Text (Abstract)
abstract.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (190kB) | Preview
[img] Text (ToC)
ToC.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (1MB)
[img]
Preview
Text (Chapter1)
Chapter1.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (950kB) | Preview
[img] Text (Chapter2)
Chapter2.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (3MB)
[img] Text (Chapter3)
Chapter3.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (1MB)
[img] Text (Chapter4)
Chapter4.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (2MB)
[img] Text (Chapter5)
Chapter5.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (571kB)
[img]
Preview
Text (Bibliography)
Bibliography.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (727kB) | Preview
[img] Text (Appendices)
Appendices.pdf
Restricted to Repository staff only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (1MB)

Abstract

Financing decision is a decision that is made by the company in order to finance either their operational or non-operational activities. Financing decision could be derived in two primary categories which is internal or external financing activity. Debt policy is one of the most important financing decisions for the company. All companies in every industry including the agriculture industry needs debt to finance its activity. Thus, it is important to figure out the determinants of debt policy. The main purpose of this study is to examine the impact of the profitability, free cash flow, asset structure and ownership concentration on debt policy of Indonesian agriculture public listed firms. Data collected from 7 companies from 2013 to 2017 were analyzed using multiple regression. Current study found that profitability and asset structure have negative effect on the debt policy. Furthermore, the study also found that free cash flow policy and ownership concentration have no affects the debt policy. The results of this research indicate that partially, profitability has an significant negative impact on debt policy, free cash flow has an insignificant negative impact on the debt policy, asset structure has an insignificant positive impact on the debt policy. Simultaneously, profitability, free cash flow, asset structure and ownership concentration have a significant impact on the application of accounting conservatism.

Item Type: Thesis (Bachelor)
Creators:
CreatorsNIMEmail
Steven, StevenNIM00000017173UNSPECIFIED
Contributors:
ContributionContributorsNIDN/NIDKEmail
Thesis advisorMeilani, MeilaniNIDN0112028504meilani.fe@uph.edu
Uncontrolled Keywords: profitability; free cash flow; asset structure; ownership concentration; debt policy
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: University Subject > Current > Faculty/School - UPH Medan > Business School > Accounting
Current > Faculty/School - UPH Medan > Business School > Accounting
Depositing User: yousi saragih
Date Deposited: 22 Jun 2021 09:38
Last Modified: 13 Jan 2022 07:51
URI: http://repository.uph.edu/id/eprint/36056

Actions (login required)

View Item View Item