Detail Inovasi Perguruan Tinggi


Tema: Finance
Judul: ANALISIS EBIT-EPS DAN HUBUNGANNYA DENGAN KEPUTUSAN PENDANAAN PERUSAHAAN
Perguruan Tinggi: Sekolah Tinggi Ilmu Ekonomi Kesatuan
Jenis/sdm: dosen/9904211641

Tahun: 2013

the purpose of this study is to look at the funding policy decision taken by the management company or whether it should use alternate equity financing or debt financing alternatives using analysis of EBIT-EPS indifference point through calculations and conduct analyzes related to EBIT-EPS indifference point and corporate funding in the period 2006-2011.
The analytical method used is the ratio analysis to determine the value of each variable, correlation coefficient to determine the relationship between variables, coefficient of determination to measure the relationship between variables, and the regression coefficient, where the authors used a simple linear regression with t-test and f-test to measure the effect of independent variables on the dependent variable.
From the analysis it was found that the EBIT PT. Telekomunikasi Indonesia, Tbk (2006-2011) tended to be above the EBIT-EPS indifference point. Management is free to choose alternative means of funding, either by equity or by debt. While EBIT PT. Indosat, Tbk (2006-2011) tended to be below the EBIT-EPS indifference point, where management is required to work using the equity in order to get good performance. Correlation analysis and determination of PT. Telekomunikasi Indonesia, Tbk relationships were obtained (26,6%) between the EBIT-EPS indifference point towards funding the company and has the effect of 7,1%, where as PT. Indosat have a very low (13,4%) and had the effect of 1,8%. Regression coefficient PT. Telekomunikasi Indonesia, Tbk showed negative effects between the EBIT-EPS indifference point for corporate funding, where as PT. Indosat, Tbk showed a positive effect. Uji F and uji T at PT. Telekomunikasi Indonesia, Tbk and PT. Indosat, Tbk showed no significant effect between EBIT-EPS indifference point to corporate funding.
Keywords: EBIT-EPS indifference point, funding decisions