Analisis faktor-faktor yang mempengaruhi kebijakan hutang pada perusahaan sub sektor makanan dan minuman

Abstract

Purposes - The purpose of this research is to know the factors that influence the policies of debt and how big the influence of those factors. The variables used are policy dividends, structure of assets, sales growth and debt policy. Methods - This research was quantitative research. Data was used the panel data and using the data of cross section. This study was used data from the year 2011 financial reports up to the year 2015. It was used in statistical analysis called regression. Findings - Simultaneously, the effect of dividend policy, asset structure and sales growth on the debt policy were significant. Partially, effect of dividend policy on the debt policy was negative and significant; influence of the asset structure on the debt policy was positive and significant, and influence of the sales growth on the debt policy was positive and not significant. Keywords - Debt policy, policy dividends, the structure of assets, sales growth.Purposes - The purpose of this research is to know the factors that influence the policies of debt and how big the influence of those factors. The variables used are policy dividends, structure of assets, sales growth and debt policy. Methods - This research was quantitative research. Data was used the panel data and using the data of cross section. This study was used data from the year 2011 financial reports up to the year 2015. It was used in statistical analysis called regression. Findings - Simultaneously, the effect of dividend policy, asset structure and sales growth on the debt policy were significant. Partially, effect of dividend policy on the debt policy was negative and significant; influence of the asset structure on the debt policy was positive and significant, and influence of the sales growth on the debt policy was positive and not significant. Keywords - Debt policy, policy dividends, the structure of assets, sales growth