STUDI
EMPIRIS TERHADAP FAKTOR YANG MEMPENGARUHI
DEBT TO EQUITY RATIO PADA PERUSAHAAN AUTOMOTIVE AND
ALLIED PRODUCT YANG GO PUBLIC
Endang
Sulistiyani
Jurusan
Administrasi Niaga, Politeknik Negeri Semarang
Jl.
Prof.H.Sudarto, SH, Tembalang,Kotak Pos 6199/SMS Semarang 50061
ABSTRACT
The
study was conducted to examine the effect of variable asset structure,
profitability, growth of sales, business risk and firm size on debt to equity
ratio (DER). The data used in the form of a company’s financial statements
Automotive and Allie Product listed on the Indonesia Stock Exchange in
2005-2010.
Sample
selection done by using purposive random sampling method. Data analysis tool used is linear
regression of the data and the previously performed screening test classic
assumptions. Partial regression
coefficients were tested using t-statistic and F-statistic used to test the
effect of the multiple.The result showed that the asset structure, and
profitability of a significant negative effect on DER. Firm size significant
positive effect on DER. While the
business risk and growth of sales does not effect on DER.
Key words: Asset structure, profitability, growth
of sales, business risk, firm size debt to equity ratio
