Proceedings of the 9th Global Conference on Business, Management and Entrepreneurship (GCBME 2024)

The Influence of Asset Structure and Profitability on Debt Policy in Manufacturing Companies for the Period 2020 - 2022

Authors
Nasrudin Nasrudin1, *, Ika Putera Waspada1, Maya Sari1
1Universitas Pendidikan Indonesia, Bandung, Indonesia
*Corresponding author. Email: nasrudin@upi.edu
Corresponding Author
Nasrudin Nasrudin
Available Online 12 September 2025.
DOI
10.2991/978-94-6463-817-2_62How to use a DOI?
Keywords
Capital Structure; Debt Policy; Manufacturing Companies; and Profitability
Abstract

This study aims to examine the effect of asset structure and profitability on debt policy in manufacturing companies. The method used is descriptive quantitative with the Ordinary Least Squared (OLS) technique. Data collection techniques are carried out through several methods, including documentation and literature studies. The population in this study is a manufacturing company consisting of 5 companies listed on the Indonesia Stock Exchange. The sampling technique uses total sampling, and the data used is panel data (a combination of time series and cross-section data). This study uses a secondary database of each company’s annual reports for the period 2020 to 2022. The results showed that asset structure had no effect on debt policy, and profitability had no effect on debt policy on the debt policy of Manufacturing Companies.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 9th Global Conference on Business, Management and Entrepreneurship (GCBME 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
12 September 2025
ISBN
978-94-6463-817-2
ISSN
2352-5428
DOI
10.2991/978-94-6463-817-2_62How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Nasrudin Nasrudin
AU  - Ika Putera Waspada
AU  - Maya Sari
PY  - 2025
DA  - 2025/09/12
TI  - The Influence of Asset Structure and Profitability on Debt Policy in Manufacturing Companies for the Period 2020 - 2022
BT  - Proceedings of the 9th Global Conference on Business, Management and Entrepreneurship (GCBME 2024)
PB  - Atlantis Press
SP  - 510
EP  - 520
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-817-2_62
DO  - 10.2991/978-94-6463-817-2_62
ID  - Nasrudin2025
ER  -