PENGARUH UKURAN PERUSAHAAN, RISIKO BISNIS, PROFITABILITAS, CORPORATE TAX RATE, DAN KEBIJAKAN DIVIDEN TERHADAP KEBIJAKAN HUTANG (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2011-2014)

Abstract

This study aims to prove the effect of firm size, business risk, profitability, corporate tax rate, and debt policies on manufacturing companies listed in Indonesia Stock Exchange in 2011 through 2014. The period used in this study is 4 (four) years, beginning from 2011 until 2014. While the sample is qualified 30 companies of 141 companies listed in the Indonesia Stock Exchange (BEI) in 2011-2014. Samples were taken by using purposive sampling method. Using the statistical method Regression Analysis, the statistical test of hypothesis testing and statistical test t and F, with SPSS 16. These results indicate the variable does not affect the size of the company's debt policy. Business risk does not affect the debt policy. Profitability significant negative effect on debt policy. Corporate tax rate has no effect on debt policy and dividend policy negatively affect debt policy.

Keywords:    debt policy, firm size, business risk, profitability, corporate tax rate, and dividend policy