INFLUENCE OF FIRM SIZE AND BOARD SIZE TOWARDS CAPITAL STRUCTURE DECISION (CASE STUDY: STATE-OWNED ENTERPRISE BANK IN INDONESIA)
Abstract: The purpose of this
research is to analyze the impact of Firm Size and Board Size toward Capital
Structure simultaneously and partially. The objects of this research are
state-owned enterprise banks that are listed in Indonesia Stock Exchange. This
research is an associative study and used quantitative method which utilizes
multiple regression analysis as the tool of analysis. Firm Size, Board Size and
Capital Structure data of all banks were obtained for 10 years period each
bank. The research results show that Firm Size did not give any significant
impact toward Capital Structure partially, while Board Size, partially, gave
significant impact toward Capital Structure. Simultaneously, Board Size and
Firm Size give a significant impact toward Capital Structure. There are still a
large part of what influences capital structure decision in Indonesian
state-owned banks that should be examined, since these two variables examined
in this research only provides 41.3% explanation.
Keywords: capital structure,
firm size, board size
Penulis: Pangkey Hannah Maria
Magdalena, Sifrid S Pangemanan, Joy Elly Tulung
Kode Jurnal: jpmanajemendd171019
