Open AccessPENGARUH PROFITABILITAS, RISIKO BISNIS DAN TINGKAT SUKU BUNGA TERHADAP STRUKTUR MODAL (Perusahaan Transportasi Periode 2012-2015)
Author(s) -
Ira Puspita,
Sayu Ketut Sutrisna Dewi
Publication year - 2019
Publication title -
e-jurnal manajemen
Language(s) - English
Resource type - Journals
ISSN - 2302-8912
DOI - 10.24843/ejmunud.2019.v08.i04.p10
Subject(s) - capital structure , risk adjusted return on capital , nonprobability sampling , profitability index , business , business risks , capital (architecture) , debt to capital ratio , capital adequacy ratio , interest rate , cost of capital , finance , business administration , debt , financial system , financial capital , economics , equity ratio , capital formation , microeconomics , return on equity , risk analysis (engineering) , population , profit (economics) , demography , archaeology , sociology , history
Capital structure is part of the financial structure that keeps the balance between total debt with own capital. The high capital structure will reflect how the company's financial position. Capital structure decisions are one of the key financial decisions in financing assets and increasing business capital. This study aims to find out how the influence of profitability, business risk and interest rates on capital structure. The sample in this research is transportation company starting from 2012-2015 which amounts to 24 companies, with sampling technique using purposive sampling. Based on multiple linier regression analysis method, this research found that profitability have significant positive effect to capital structure, business risk and interest rate have significant negative effect to capital structure.Keywords: Capital structure, profitability, business risk, interest rate.