Open AccessPENGARUH PROFITABILITAS, STRUKTUR AKTIVA, DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL
Author(s) -
I Kadek Rico Andika,
Ida Bagus Panji Sedana
Publication year - 2019
Publication title -
e-jurnal manajemen
Language(s) - English
Resource type - Journals
ISSN - 2302-8912
DOI - 10.24843/ejmunud.2019.v08.i09.p22
Subject(s) - capital structure , profitability index , stock exchange , nonprobability sampling , business , business administration , asset (computer security) , debt , finance , financial system , computer science , population , demography , computer security , sociology
The purpose of this study is to analyze the significance of the effect of profitability, asset structure, and firm size on capital structure. This research was conducted on Food and Beverage Companies on the Indonesia Stock Exchange (IDX) for the 2014-2017 period. The number of samples of this study were 14 companies, with a purposive sampling method. Data collection is done by non-participant observation method, namely through financial report data published on the website www.idx.co.id. Based on the results of the analysis it was found that profitability did not affect the capital structure. The asset structure and size of the company have a positive and significant effect on the capital structure. This shows that company managers must be able to consider the funding decisions that will be taken, both using their own capital and debt.
Keywords: capital structure, profitability, asset structure, firm size