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