The Influence of Asset Structure, Innovation and Technology, Agency Costs, Company Size, and Company Growth on Leverage
DOI:
https://doi.org/10.59141/jiss.v6i3.1639Keywords:
Asset Structure, Innovation and Technology, Agency Cost, Company Size, Company Growth, LeveragetAbstract
Until now, companies that are included in the LQ45 category are companies that attract large investors. Therefore, the company must have the ability to manage the company's financing sources well and avoid company losses. Therefore, this research aims to empirically understand the impact of asset structure, innovative technology, agency costs, firm size, and firm growth on leverage ratio. LQ45 companies listed on the Indonesia Stock Exchange between 2019 and 2021. This research uses causal benchmarking. The sample of this study is LQ45 member companies listed on the Indonesia Stock Exchange for the 2019-2021 period, using the target sampling method. 11 companies meet the research sample criteria and 33 financial reports. The results showed that asset structure, innovative technology, agency costs, and company size significantly affected the leverage ratio. In contrast, the company growth variable had no significant effect on the leverage ratio.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Wili Rahma Putra, Agus Munandar
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal 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-ShareAlike 4.0 International. that allows others to share the work with an acknowledgement 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 acknowledgement 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.
