ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2011-2014
Abstract: The main focus of
this study is to investigate and analyze the influence profitability, firm
size, asset structure and growth in sales of the Capital Structure
Manufacturing companies listed on the Stock Exchange in 2011-2014. The study
also wants to re-examine the variables that exist, because there are
differences in the results of previous studies. Capital structure (Debt Equity
Ratio) is the independent variable in this study, emphasizing the use of debt
to meet the company's capital structure. Profitability, company size,
structure, assets and sales growth is the dependent variable of this study. The
approach used in this study is the quantitative approach. This study uses
secondary data with the source data originating from the Indonesia Stock
Exchange. Samples are manufacturing companies listed in Indonesia Stock
Exchange in 2011-2014. The sample was selected using purposive sampling and
obtained a sample of 31 companies (according to criteria). Testing is done by
multiple linear regression analysis using SPSS. The results showed that all
independent variables have a significant influence on the DER (Capital
Structure). Sales growth, structure and size of the company's assets have a
significant positive effect, while a significant negative effect on the profitability
of Capital Structure.
Keywords: Capital Structure,
Debt Equity Ratio, company size, profitability, asset structure, sales growth
Penulis: Achmad Eko Prasetyo,
Indira Januarti
Kode Jurnal: jpakuntansidd150792
