IDEAS home Printed from https://ideas.repec.org/a/pkp/ijobem/v8y2021i5p358-371id1287.html
   My bibliography  Save this article

Analysis of Factors Affecting Capital Structure and the Impact on LQ-45 Share Price in 2015-2018

Author

Listed:
  • Fikri Arlan
  • M Noor Salim
  • Augustina Kurniasih

Abstract

This study aims to test and analyze the factors that affect the capital structure and its impact on the LQ-45 Share Price in 2015-2018. Research data is annual data for an observation period of 4 years (2015 to 2018). The sampling method used was purposive sampling. From a population of 45 companies, 31 companies meet the criteria to be sampled. The analysis method used in this research is regression panel data. The results showed that the Return on Assets, Return on Equity, Net Profit Margin together (simultaneously) have a significant effect on the Debt Equity Ratio and Return on Assets, Return on Equity, Net Profit Margin, and Debt Equity Ratio together ( simultaneous) has a significant effect on Share Prices. Partially, Return on Assets has a significant negative effect on Debt Equity, Return on Equity significantly positive effect on Debt Equity Ratio while Net Profit Margin has zero results on Debt Equity Ratio In Part, Return on Assets, Return on Equity and Net Profit Margin have no significant effect because of Share Prices and Debt Equity Ratio has a significant negative result on Share Prices.

Suggested Citation

  • Fikri Arlan & M Noor Salim & Augustina Kurniasih, 2021. "Analysis of Factors Affecting Capital Structure and the Impact on LQ-45 Share Price in 2015-2018," International Journal of Business, Economics and Management, Conscientia Beam, vol. 8(5), pages 358-371.
  • Handle: RePEc:pkp:ijobem:v:8:y:2021:i:5:p:358-371:id:1287
    as

    Download full text from publisher

    File URL: https://archive.conscientiabeam.com/index.php/62/article/view/1287/1810
    Download Restriction: no

    File URL: https://archive.conscientiabeam.com/index.php/62/article/view/1287/5088
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pkp:ijobem:v:8:y:2021:i:5:p:358-371:id:1287. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dim Michael (email available below). General contact details of provider: https://archive.conscientiabeam.com/index.php/62/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.