Pecking Order Theory as a Strengthening Capital Structure

Oktaviani, Marista and Mochklas, Mochamad and Fahmi, Ezif Moh (2019) Pecking Order Theory as a Strengthening Capital Structure. In: ICBLP 2019, 13-15 February 2019, Sidoarjo, Indonesia.

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Abstract

The purpose of this study is to determine the pecking order theory as a reinforcement of capital structure based on consumption sector companies that are listed on the IDX. This research uses dividend policy moderation which influences growth on capital structure. The 2014-2017 research period collected data using documentation techniques with a sample of 122 consumption sector companies listed on the IDX, data analysis using WarpPLS. The results of ROE and Current Ratio have a significant positive effect on capital structure, growth has a positive but not significant impact on the capital structure, and dividend policy cannot moderate the growth of capital structure.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: capital structure return on equity current ratio growth dividend policy
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: EAI Editor IV
Date Deposited: 30 Jul 2021 08:58
Last Modified: 30 Jul 2021 08:58
URI: https://eprints.eudl.eu/id/eprint/5450

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