| dc.description.abstract | The aim of research is to know the effect of profitability, company size, growth, business
risks, managerial ownership and institutional ownership on the capital structure as well as
the influence of capital structure to value mining companies after the implementation of
Law No. 4 of 2009 on Mineral and coal's Mining. The research carried out to test the
hypothesis based on theoretical and empirical studies. The study population is a mining
company listed on the Indonesia Stock Exchange, with a population of 36 company
members. The sampling method was using purposive sampling techniques and acquired 11
companies in the study period of six years, from 2009 to 2014. Multiple and simple
regression analysis techniques were used according to the research objectives to be achieved.
Regression models of this study were not violation classic assumption which includes
multicollinearity, autocorrelation and heteroscedasticity. Hypothesis testing results showed
the variables of profitability, business risk, managerial ownership and institutional
ownership have negative effect on the mining company's capital structure. However,
company size, growth and asset structure not significant on the capital structure. On the
other side, Capital structure significantly negative influence to the value of mining
companies after the implementation of Law No. 4 of 2009. | en_US |
