Proceedings of the 17 th International Symposium on Management (INSYMA 2020)

Factors that Affect the Debt Ratio of Internationalized Nonfinancial Firms

Authors
Y.N. Handjaja, B.S. Sutejo, D. Marciano
Corresponding Author
B.S. Sutejo
Available Online 31 January 2020.
DOI
https://doi.org/10.2991/aebmr.k.200127.039How to use a DOI?
Keywords
capital structure, internationalization, debt ratio
Abstract
This study aims to examine the influence of firm-related factors on the debt ratio as well as the influence of firm-related factors on the non-financial firms listed on the Indonesia Stock Exchange (IDX) over the 2013–2017 period. These factors, including internationalization, firm size, profitability, and tangibility, were tested their relationship with a debt ratio of firms by using the Fixed Effects Model data. The results showed that profitability and tangibility are positively related to debt ratio, while internationalization and firm size are negatively related to debt ratio. The findings are related to the trade-off theory and pecking-order theory.
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Volume Title
Proceedings of the 17 th International Symposium on Management (INSYMA 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
31 January 2020
ISBN
978-94-6252-892-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200127.039How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Y.N. Handjaja
AU  - B.S. Sutejo
AU  - D. Marciano
PY  - 2020
DA  - 2020/01/31
TI  - Factors that Affect the Debt Ratio of Internationalized Nonfinancial Firms
BT  - Proceedings of the 17 th International Symposium on Management (INSYMA 2020)
PB  - Atlantis Press
SP  - 191
EP  - 194
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200127.039
DO  - https://doi.org/10.2991/aebmr.k.200127.039
ID  - Handjaja2020
ER  -