KnE Social Sciences

ISSN: 2518-668X

The latest conference proceedings on humanities, arts and social sciences.

The Effect of Characteristics on Firm Debt of Property and Real Estate Companies Listed on the Indonesia Stock Exchange

Published date: Jul 24 2023

Journal Title: KnE Social Sciences

Issue title: Third Economic, Law, Education and Humanities International Conference (3rd ELEHIC)

Pages: 104–128

DOI: 10.18502/kss.v8i13.13748

Authors:

Rika Desiyanti - rikadesiyanti@bunghatta.ac.id

Rini Elvira - None@none.com

Nor Azilah Husin

Aza Azlina Md Kassim

Alfin Dwi Shandi - None@none.com

Abstract:

This study aims to obtain empirical evidence of the effect of managerial ownership, institutional ownership and profitability, size on debt policy in the property and real estate subsectors listed on the IDX (Period 2017-2020). The population in this study are property and real estate companies listed on the IDX for the 2017-2020 period with a sampling method using saturated sampling. The number of final samples that deserve to be observed are 15 companies with a total sample of 65 companies. The analysis was used using logistic regression analysis with the help of the Eviews program.The results of the analysis show that the variables of managerial ownership, institutional ownership and profitability have no effect on firm debt, meanwhile size have possitive effect on firm debt.

Keywords: Managerial Ownership, Institutional Ownership, Profitability, Size, Firm Debt

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