PENGARUH LEVERAGE, FIRM SIZE DAN FIXED ASSET INTENSITY TERHADAP KEPUTUSAN PERUSAHAAN MELAKUKAN REVALUASI ASET TETAP

Abstract

The purpose of this research is to collect empirical evidences the influence of the leverage, firm size, and fixed asset intensity to the company's decision in revaluation of fixed asset. Since this revaluation model is permitted in 2008, there is only a few Indonesian companies that use this model as accounting policy for  the fixed asset. Revaluations are performed to describe the fair value of the fixed asset.

The data of  this research was collected from the company’s financial report which is published in IDX (Indonesian Stock Exchange) website on 2011-2013. The sample is collected by using purposive sampling technique which the samples were chosen selectively. The research sample are 189 companies.

This research use logistic regression, the result shows that the firm size have influence on the company's decision of revaluation their fixed asset to the significant rate of 5%. However, the leverage and fixed asset intensity had effect on the Company's Decision of Fixed Assets Revaluation to the significant rate of 10%.

Keywords  :  Fixed asset Revaluation, leverage, firm size, fixed asset intensity, logistic regression