The Influence Of Sales Growth, Profitability, And Business Risk On Financing Decisions In Manufacturing Companies Listed On The Indonesia Stock Exchange (Idx) For The Period 2021-2023
Keywords:
Sales Growth, Profitability, Business Risk, Funding DecisionAbstract
This study aims to determine the effect of Sales Growth, Profitability and Business Risk on Funding Decisions in manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2021-2023. In this study, the population used is manufacturing companies listed on the IDX for the period 2021-2023. The number of manufacturing companies that were sampled in this study were 114 companies after going through the purposive sampling method. The data obtained were then analyzed using the SPSS version 26 application tool. The results of this study indicate that sales growth has a positive and significant effect on funding decisions, profitability has a negative and significant effect on funding decisions and business risk has no effect on funding decisions.