PENGARUH PROFITABILITAS, PERTUMBUHAN ASET, UKURAN PERUSAHAAN, STRUKTUR AKTIVA DAN LIKUIDITAS TERHADAP STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA TAHUN 2008 – 2010
Abstract: There are some
factors that influence the choice of capital structure of company. Some
research has been done to know many factors that influence capital structure of
company, such as profitability, business risk, stability of sales, asset
growth, company size, tax, etc. There are often different result about those
factors that influence capital structure especially profitability, asset
growth, company size, asset structure, and liquidity. In 2008-2010 while
capital structure of manufactures companies is increase, some variables is
decrease, for example profitability.
In 2008-2009 activa structure of manufactures companies is decrease,
while capital structure is increase. In 2009-2010 activa structure is increase,
while capital structure is also increase. It is not suitable with the research
of Christianti (2006), Frank and Ghoyal (2007), and Harris and Raviv (1991).
The population of this research is go public manufactures companies at BEI
consist of 108 registered manufactures companies in Indonesia Capital Market
Directory and having complete financial report for 4 years since 2007-2010. The
method of data analysis that used in this research is regression analysis
model, by testing the classic assumptions first.
Based on the research is known that ROE, company size, and liquidity
influence the capital structure of manufactures company in BEI from 2008-2010.
While asset growth variable and asset structure does not influence the capital
structure.
Penulis: Devi Verena Sari, A.
Mulyo Haryanto
Kode Jurnal: jpmanajemendd131101
