| NIM | C1H018030 |
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| Namamhs | BAGAS AJI PRASETYO |
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| Judul Artikel | THE EFFECT OF COMPANY’S CAPITAL STRUCTURE ON FINANCIAL PERFORMANCE WITH AGENCY COSTS AS MODERATING VARIABLE OF INDONESIA’S LISTING SUB-SECTOR CONSTRUCTION COMPANIES |
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| Abstrak (Bhs. Indonesia) | Penelitian ini bertujuan untuk menganalisis dan mengetahui lebih dalam apakah Struktur Modal berpengaruh terhadap Kinerja Keuangan pada Perusahaan Sub-Sektor Konstruksi dengan Biaya Keagenan sebagai variabel moderasi. Sampel dalam penelitian ini adalah 11 perusahaan konstruksi di Indonesia. Pemilihan sampel menggunakan metode pengambilan sampel secara sengaja dengan kriteria. Data sekunder dikumpulkan dari situs resmi Bursa Efek Indonesia dan perusahaan. Data dianalisis menggunakan program perangkat lunak EViews dengan metode regresi bermoderasi.Pengukuran Struktur Modal menggunakan Short-term Debt to Assets Ratio (STDA), Long-term Debt to Assets Ratio (LTDA), Debt to Equity Ratio (DER), Working Capital yang diukur dengan Net Trade Cycle (NTC), dan Agency Costs diukur dengan Expenses Ratio (ER), sedangkan untuk Kinerja Keuangan, peneliti menggunakan Return on Equity (ROE) sebagai pengukuran. Berdasarkan hasil penelitian dapat disimpulkan bahwa Short-term Debt to Assets Ratio (STDA) dan Debt to Equity Ratio (DER) berpengaruh negatif signifikan terhadap Return on Equity, Long-term Debt to Assets Ratio (LTDA) berpengaruh positif berpengaruh terhadap Return on Equity, sedangkan Net Trade Cycle (NTC) tidak berpengaruh signifikan terhadap Return on Equity. Selanjutnya, penelitian ini juga mencoba untuk mencari pengaruh pemoderasi dari Agency Costs yang diukur dengan Expenses Ratio, dan menemukan bahwa Expenses Ratio dapat memoderasi semua pengaruh masing-masing variabel independen terhadap variabel dependen. |
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| Abtrak (Bhs. Inggris) | This study aims to analyze and find out more deeply whether Capital Structure affect the Company’s Financial Performance of Sub-Sector Construction Companies with Agency Costs as moderating variable. The sample in this study were 11 companies of listed Indonesian sub-sector construction companies. The purposive sampling technique is used in determining the samples. The data is collected from the official website of Indonesian Stock Exchange and each company. Data were analyzed using EViews statistical analysis software with moderated regression method. The measurement of Capital Structure uses Short-term Debt to Assets Ratio (STDA), Long-term Debt to Assets Ratio (LTDA), Debt to Equity Ratio (DER), Working Capital measured by Net Trade Cycle (NTC), and Agency Costs measured by Expenses Ratio (ER), as for Financial Performance, the researcher uses Return on Equity (ROE) as measurement. Based on the research results, it can be concluded that Short-term Debt to Assets Ratio (STDA) and Debt to Equity Ratio (DER) has a negative significant effect on Return on Equity, Long-term Debt to Assets Ratio (LTDA) has a positive effect on Return on Equity, while the Net Trade Cycle (NTC) have no significant effect on Return on Equity. Furthermore, this research also try to seek the moderating influence of Agency Costs measured by Expenses Ratio, and found that Expenses Ratio could moderates all the effect of each independent variables on dependent variable. |
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| Kata kunci | Capital Structure, Short-term Debt to Assets Ratio, Long-term Debt to Assets Ratio, Debt to Equity Ratio, Return on Equity, Agency Costs, Expenses Ratio. |
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| Pembimbing 1 | Dr. Ade Banani, M.MS. |
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| Pembimbing 2 | Dr. Rio Dhani Laksana S.E., M.Sc. |
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| Pembimbing 3 | |
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| Tahun | 2022 |
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| Jumlah Halaman | 22 |
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| Tgl. Entri | 2022-11-25 15:57:56.607429 |
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