Pendekatan Theory of the Firm: Dalam Pengujian Market to Book Value Melalui Mediasi Struktur Modal
Abstract
Kajian ini bertujuan menguji market to book value melalui mediasi struktur modal dengan mendasarkan pada theory of the firm. Data utama bersumber dari sekunder yang listing di BEI. Objek sekaligus menunjukkan populasi dari industri manufaktur tahun 2017-2021 sebanyak 179 perusahaan, yang selanjutnya dengan teknik purposive sampling diperoleh sampel sebanyak 74 perusahaan, dengan metode pengujian path analysis. Simpulan: peningkatan struktur modal yang bersumber dari leverage dipengaruhi secara signifikan oleh struktur aset. Sebaliknya, struktur aset tidak mampu mempengaruhi market to book value secara langsung, namun dibutuhkan mediasi dari struktur modal.
Copyright (c) 2023 Jurnal Bingkai Ekonomi (JBE)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Authors who publish in JBE (Jurnal Bingkai Ekonomi) agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.(See The Effect of Open Access)
JBE (Jurnal Bingkai Ekonomi), is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
