Analysis of Capital Structure Determinants of Property Companies Listed on Indonesia Stock Exchange Using Internal, External, and Lag-One Variables to Measure Speed of Adjustment
Authors: 
Agustinus Winoto, Adler Haymans Manurung, Kevin Deniswara, Michael AngelusAuthors Info & Claims
Agustinus Winoto, Adler Haymans Manurung, Kevin Deniswara, Michael AngelusAuthors Info & ClaimsPages 12 - 17
Abstract
The goal of the paper is to determine the impact of lag-one, liquidity, land bank, interest coverage ratio, asset turnover, risk, cashflow, world oil prices, currency exchange rates, and economic growth to capital structure. Data were retrieved from 26 listed property companies in Indonesia Stocks Exchange 2010 – 2019. The data analysis is conducted using Microsoft Excel and Eviews 10 Software. Results of the analysis were lag-one, land bank, risk, cashflow, and currency exchange rates have significant impact on capital structure. It can be concluded that property companies have considered lag-one, land bank, risk, cashflow, and currency exchange rates in determining the capital structure.
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February 2022
124 pages
ISBN:9781450395724
DOI:10.1145/3528114
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Published: 24 June 2022
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DSDE 2022
DSDE 2022: 2022 the 5th International Conference on Data Storage and Data Engineering
February 25 - 27, 2022
Sanya, China
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