Purwitasari, Diah Ayu (2026) FAKTOR - FAKTOR YANG MEMENGARUHI KEBIJAKAN HUTANG PADA PERUSAHAAN SEKTOR PROPERTY & REAL ESTATE DI TIGA NEGARA ASEAN TAHUN 2021 - 2024. Sarjana (S1) thesis, Universitas Muhammadiyah Indonesia.
![[thumbnail of PENDAHULUAN.pdf]](http://repository.umindonesia.ac.id/style/images/fileicons/text.png "PENDAHULUAN.pdf") |
Text
PENDAHULUAN.pdf Download (1MB) |
|
Text
BAB I.pdf Download (4MB) |
|
Text
BAB II.pdf Restricted to Repository staff only Download (5MB) | Request a copy |
|
Text
BAB III.pdf Restricted to Repository staff only Download (2MB) | Request a copy |
|
Text
BAB IV.pdf Restricted to Repository staff only Download (6MB) | Request a copy |
|
Text
BAB V.pdf Download (1MB) |
|
Text
DAFTAR PUSTAKA.pdf Download (1MB) |
Abstract
The objective of this study is to determine whether Profitability, Liquidity, and Asset Structure influence Debt Policy. The population for this study consists of 118 companies in the property and real estate sector across the ASEAN-3 region during the 2021–2024 period. The study utilizes a sample of 465 observations comprising companies with complete annual financial statements and sustainability reports for the years 2021–2024.
A quantitative research method is employed. The study uses secondary data in the form of financial statements. Purposive sampling was used to select the sample. Data collection techniques involved literature reviews and documentation, with all secondary financial statement data obtained from official websites: the Indonesia Stock Exchange (IDX) for Indonesian companies, Bursa Malaysia for Malaysian companies, and the Singapore Exchange (SGX) for Singaporean companies. Data analysis was conducted using panel data regression processed via the EViews 12 software.
Hypothesis testing using the t-test indicates that both Profitability (ROA) and Liquidity (CR) have a significant negative influence on Debt Policy (DER). Meanwhile, Asset Structure has a negative but insignificant influence on Debt Policy (DER). The coefficient of determination (Adjusted R-squared) for the panel data regression model is 0.8964, or 89.64%. This demonstrates that Profitability, Liquidity, and Asset Structure collectively influence Debt Policy, while the remaining 10.36% is influenced by factors outside the scope of this study.
| Item Type: | Thesis (TA, Skripsi, Tesis, Disertasi) (Sarjana (S1)) |
|---|---|
| Contributors/Dosen Pembimbing,NIDN Dosen bisa diakses di LINK https://bit.ly/NIDNdosenunismabekasi: | Contribution Contributors / Dosen Pembimbing NIDN UNSPECIFIED Juliandara, Luthpiyah 0415079402 |
| Keywords / Kata Kunci: | Kebijakan Hutang, Profitabilitas, Likuiditas, Struktur Aset |
| Subjects: | Kebijakan Manajemen Keuangan |
| Faculty: | Fakultas Ekonomi > Manajemen S1 |
| Depositing User: | Ms. Diah Ayu P |
| Date Deposited: | 13 Aug 2026 09:11 |
| Last Modified: | 13 Aug 2026 09:11 |
| URI: | http://repository.umindonesia.ac.id/id/eprint/10558 |
Actions (login required)
 |
View Item |