Debt Management and its Impact on Profitability and Company Value
1Istiono, 2Erwin Dyah Astawinetu, 3Ida Ayu Brahmayanti
1,2,3Department of Management – Universitas 17 Agustus 1945 Surabaya - Indonesia
https://doi.org/10.47191/jefms/v7-i1-46ABSTRACT:
This research was conducted to analyze debt management and its impact on profitability and company value. The number of companies or sample in this study was 75 companies. All research objects are non-financial companies listed in the Kompas 100 Index. Data analysis was performed with the Kruskal-Wallis Test. This study found that different debt management can produce different profitability or debt management negatively affects profitability. However, differences in debt management do not cause differences in company value or debt management does not affect company value.
KEYWORDS:
debt management, profitability, company value
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