The Influence of Profitability and Liquidity on Debt Policy in StateOwned Construction Companies for the Period 2014 – 2023

Authors

  • Dewi Nurjana Universitas Pamulang
  • Salma Asy Syifa Universitas Pamulang
  • Sugiyanto Universitas Pamulang

Abstract

This study aims to determine and analyze the effect of profitability and iquidity on debt policy in state-owned construction companies listed on the Indonesia Stock Exchange in the period 2014-2023. The sampling technique uses saturated samples so that four companies are obtained according to the predetermined population criteria. This study uses secondary data from the financial statements of state-owned construction companies. The data analysis technique used in this study is panel data regression. The results of the hypothesis test (t-test) show that profitability has a significant effect on debt policy. liquidity does not have a significant effect on debt policy. profitability and liquidity simultaneously have a significant effect on debt policy.
Keywords : Profitability, Liquidity, Debt Policy

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Published

2025-01-10

Issue

Vol. 5 No. 1 (2024): HUMANIS (Humanities, Management and Science Proceedings)

Section

Articles

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Open Access

HUMANIS (Humanities, Management and Science Proceedings) is a national peer reviewed and open access journal that publishes significant and important research from all area of agroindustry.

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