Analysis of Capital Structure, Financial Performance and Firm Value: Evidence from Mining Companies Listed in Indonesia Stock Exchange

Budianto, Diga Cendekia and Bustaman, Yosman (2014) Analysis of Capital Structure, Financial Performance and Firm Value: Evidence from Mining Companies Listed in Indonesia Stock Exchange. Bachelor thesis, Swiss German University.

[img]
Preview
Text
Diga Cendekia Budianto 13410127-TOC.pdf

Download (339kB) | Preview
[img] Text
Diga Cendekia Budianto 13410127-1.pdf
Restricted to Registered users only

Download (121kB)
[img] Text
Diga Cendekia Budianto 13410127-2.pdf
Restricted to Registered users only

Download (371kB)
[img] Text
Diga Cendekia Budianto 13410127-3.pdf
Restricted to Registered users only

Download (564kB)
[img] Text
Diga Cendekia Budianto 13410127-4.pdf
Restricted to Registered users only

Download (288kB)
[img] Text
Diga Cendekia Budianto 13410127-5.pdf
Restricted to Registered users only

Download (192kB)
[img]
Preview
Text
Diga Cendekia Budianto 13410127-Ref.pdf

Download (126kB) | Preview

Abstract

This thesis explores the impact of capital structure towards the financial performance and firm value of the Mining companies listed in Indonesia Stock Exchange from the year 2009 to 2013. The samples are 28 mining companies listed in Indonesia Stock Exchange. The main variable are capital structure, measured by TD/TA and TE/TA, as an independent variable; financial performance, measured by ROA and ROE, and firm value, measured by stock price, as the dependent variables; and there are two controlled variable which are external factor such as GDP rate and inflation rate, and internal factor such as revenue growth and firm size (total asset). This research found that the capital structure has no effect on financial performance. The indicators that significantly affect financial performance come from the control variable, which is revenue growth. This also finds that the capital structure has a significant effect towards firm value. The firm size and GDP rate is more impactful towards firm value. This contradicts with the MM’s capital structure irrelevance proposition, but supports other theories.

Item Type: Thesis (Bachelor)
Uncontrolled Keywords: Capital Structure, Financial Performance, Firm Value, Indonesia Mining Industry
Subjects: H Social Sciences > HB Economic Theory > HB97.5 Capital
H Social Sciences > HF Commerce > HF5601 Accounting
H Social Sciences > HG Finance
H Social Sciences > HG Finance > HG4551 Stock exchanges
Divisions: Faculty of Business Administration and Communication > Department of Accounting
Depositing User: Faisal Ifzaldi
Date Deposited: 28 Jun 2021 16:42
Last Modified: 28 Jun 2021 16:42
URI: http://repository.sgu.ac.id/id/eprint/2016

Actions (login required)

View Item View Item