ASYMMETRIC INFORMATION, INVESTMENT OPPORTUNITY, PROFITABILITY, DIVIDEND DAN KEBIJAKAN LEVERAGE PERUSAHAAN MAKANAN MINUMAN

Authors

  • Abdillah Assegaf

DOI:

https://doi.org/10.22219/jmb.v1i2.1328

Abstract

Gabungan Pengusaha Nasional Angkatan Sungai, Danau & Penyebrangan (GAPASDAP)
e-mail: abdillah278@gmail.com

ABSTRACT

Pecking order theory is a theory that emphasizes the manager chooses to use retained earnings to
fund the company rather than debt and the last alternative new shares issued. This study aims to
determine the influence of asymmetric information, investment opportunity, profitability and dividend
on the company’s leverage. Type of data used are secondary data which are reported in the company’s
financial ratios during the study period in 2006-2009. Results showed that mean of the variable
asymmetric information, investment opportunity, profitability and dividend influence simultaneously
to the leverage of company. There is only asymmetric information which is partially significant to
influence the company leverage.
Keywords: asymmetric information, profitability, investment opportunity, dividend, leverage

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Published

2013-01-11

Issue

Vol. 1 No. 2 (2011): October

Section

Articles

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This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.