The Influence Of Internal And External Factor To The Capital Structure And Firm’s Financial Performance : Evidence From Property And Real Estate Sector Listed In Indonesia Stock Exchange 2010-2012

Karima, Tsabita (2014) The Influence Of Internal And External Factor To The Capital Structure And Firm’s Financial Performance : Evidence From Property And Real Estate Sector Listed In Indonesia Stock Exchange 2010-2012. Magister thesis, Universitas Brawijaya.

Abstract

Penelitian ini dilakukan untuk menguji hubungan antara faktor internal dan eksternal pada struktur modal dan kinerja keuangan di sektor properti dan real estat yang tercantum dalam BEI. Unit analisis terdiri dari 26 perusahaan. Analisis menunjukkan bahwa faktor internal memiliki pengaruh negatif signifikan pada struktur modal dan faktor eksternal memiliki pengaruh negatif pada efek negatif dari struktur modal. Selain itu, faktor internal yang lebih baik (likuiditas dan ukuran perusahaan) tidak membuat kinerja keuangan perusahaan properti dan real estat yang terdaftar di BEI menjadi baik. Penelitian ini menunjukkan bahwa hasil tes tidak signifikan antara faktor internal dan kinerja keuangan yang diukur dengan ROE. Hasil pengujian, serta hubungan antara faktor eksternal dan kinerja keuangan, memiliki pengaruh yang tidak signifikan dan pengujian hipotesis terakhir menunjukkan bahwa struktur modal berpengaruh positif signifikan terhadap kinerja keuangan perusahaan properti dan real estat yang terdaftar di BEI.

English Abstract

This research is performed in order to test the relationship between internal and external factor on capital structure and financial performance in property and real estate sector listed in IDX. Unit of analysis consists of 26 companies. Analysis shows that Internal Factor has negative significant influence on Capital Structure and External factor has negative influence on negative effect of capital structure. Besides, better internal factor (Liquidity and firm size) did not make the financial performance of property and real estate companies listed on the IDX become good. This study precisely shows that the test result is insignificant between the internal factor and financial performance which was measured by ROE. The test results, as well as the relationship between external factor and financial performance, have insignificant influence and the last hypothesis testing shows that Capital structure has positive significant influence on financial performance of property and real estate companies listed on the IDX.

Item Type: Thesis (Magister)
Identification Number: TES/332.041/KAR/t/041403368
Subjects: 300 Social sciences > 332 Financial economics
Divisions: S2/S3 > Magister Administrasi Bisnis, Fakultas Ilmu Administrasi
Depositing User: Budi Wahyono Wahyono
Date Deposited: 01 Jul 2014 11:10
Last Modified: 25 Mar 2022 06:40
URI: http://repository.ub.ac.id/id/eprint/155670
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