Open AccessPengaruh Struktur Aktiva, Likuiditas, Pertumbuhan Penjualan dan Risiko Bisnis terhadap Struktur Modal
Author(s) -
Ni Nyoman Karisma Dewi Paramitha,
I Nyoman Wijana Asmara Putra
Publication year - 2020
Publication title -
e-jurnal akuntansi
Language(s) - English
Resource type - Journals
ISSN - 2302-8556
DOI - 10.24843/eja.2020.v30.i11.p04
Subject(s) - capital structure , market liquidity , stock exchange , nonprobability sampling , real estate , business , business risks , liquidity risk , sample (material) , financial system , business administration , finance , population , risk analysis (engineering) , debt , chemistry , demography , chromatography , sociology
This study aims to determine the effect of asset structure, liquidity, sales growth and business risk on capital structure. This study took a sample of property and real estate companies listed on the Indonesia Stock Exchange in the period 2016-2018. The sample in this study was taken by the nonprobability sampling method using purposive sampling technique, so as many as 42 companies were obtained. The total sample taken for 3 years was 126 observations. The technique used in this research is multiple linear regression analysis. Based on the results of this research analysis proves that the structure of assets and sales growth has a positive effect on capital structure. Liquidity has a negative effect on capital structure. Business risk does not affect the capital structure.
Keywords: Asset Structure; Liquidity; Sales Growth; Business Risk; Capital Structure.