STRUKTUR MODAL OPTIMAL PADA PERUSAHAAN TELEKOMUNIKASI INDONESIA
Palti Marulitua Sitorus
Universitas Telkom Bandung
Telekomunikasi No.1 Bandung, 40257.
Korespondensi dengan Penulis:
Palti Marulitua Sitorus: Telp.+62 22 7 564 108; Fax. +62 22 756 4500
The background of this study was begun with the operational capital needs of telecommunication operators in debt. Bad managing of debt could cause the bankruptcy of the company. The purpose of this research was to know the optimal capital structure of telecommunication companies in Indonesia. The method used were a simple linear regression and graphs of simulation. The logic was used when a company that used capital with low cost got high value of company. There were two companies that had an optimal capital structure i.e. PT Excelcomindo Axiata and PT Indosat with optimal capital structure 1, 132 and 1,003.
Keywords: capital structure, debt equity ratio, weighted average cost of capital