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Desiyanti, R., Elvira, R., Husin, N. A., Kassim, A. A. M., & Shandi, A. D. (2023). The Effect of Characteristics on Firm Debt of Property and Real Estate Companies Listed on the Indonesia Stock Exchange. KnE Social Sciences, 8(13), 104–128. https://doi.org/10.18502/kss.v8i13.13748

https://doi.org/10.18502/kss.v8i13.13748

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authors

  • Rika Desiyanti

    Rika Desiyanti

    Faculty of Economics and Business Universitas Bung Hatta, Indonesia
  • Rini Elvira

    Rini Elvira

    Faculty of Economics and Business Islam IAIN Bukittinggi, Indonesia
  • Nor Azilah Husin

    Nor Azilah Husin

    Faculty of Business and Accountancy, Universiti Selangor, Malaysia
  • Aza Azlina Md Kassim

    Aza Azlina Md Kassim

    Management and Science University, Malaysia
  • Alfin Dwi Shandi

    Alfin Dwi Shandi

    Faculty of Economics and Business Universitas Bung Hatta, Indonesia

Published Date

  • Jul 24, 2023

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

KnE Social Sciences / Third Economic, Law, Education and Humanities International Conference (3rd ELEHIC) / Pages 104–128

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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