Abstract

The purpose of this study was to determine the effect of cash flow volatility, sales volatility, operating cycle, and firm size on the capital structure and earnings persistence of manufacturing companies in Indonesia. Based on the purposive sampling method, the samples obtained were 138 companies. The data collection technique in this research is literature study. The data analysis method used is multiple regression. The results showed that partially, the variables of cash flow volatility, sales volatility and firm size had a positive and insignificant effect on capital structure, the operating cycle had a negative and insignificant effect on capital structure. While the variables of cash flow volatility, sales volatility, operating cycle, firm size, capital structure have a negative and insignificant to earnings persistence of manufacturing companies on the Indonesia Stock Exchange.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.