Effect of Sales Growth and Asset Structure on Capital Structure in Real Estate and Property Companies on the Indonesia Stock Exchange

DOI

10.2991/icesshum-19.2019.5How to use a DOI?

Keywords

capital structure, sales growth, asset structure

Abstract

This study aims to analyze the effect of (1) sales growth and (2) asset structure on capital structure in real estate and property companies listed on the Indonesia Stock Exchange (IDX). This research is classified as causative research, using secondary data with a population of all real estate and property companies listed on the IDX in 2013-2017 and samples determined by purposive sampling method based on criteria (1) real estate and property companies listed on the IDX, ( 2) companies that publish financial statements during the year of observation and (3) companies that have net income during the year of observation to obtain 65 companies. Data analysis using multiple regression analysis using the SPSS program. The results of this study indicate that (1) sales growth has a negative and insignificant effect on the capital structure of real estate and property companies listed on the IDX and (2) the asset structure has a positive and significant effect on the capital structure of real estate and property companies listed on the IDX.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Haljeki Aulia
AU  - Lara Al Ashry
AU  - Halkadri Fitra
PY  - 2019/08
DA  - 2019/08
TI  - Effect of Sales Growth and Asset Structure on Capital Structure in Real Estate and Property Companies on the Indonesia Stock Exchange
BT  - Proceedings of the 1st International Conference on Education Social Sciences and Humanities (ICESSHum 2019)
PB  - Atlantis Press
SP  - 22
EP  - 31
SN  - 2352-5398
UR  - https://doi.org/10.2991/icesshum-19.2019.5
DO  - 10.2991/icesshum-19.2019.5
ID  - Aulia2019/08
ER  -