PENGARUH SIZE, LIKUIDITAS, PROFITABILITAS, RISIKO, DAN PERTUMBUHAN PENJUALAN TERHADAP STRUKTUR MODAL
Abstract: This research was
carried out to test the influence of the size, liquidity, profitability, risks
and sales growth towards the simultaneously and partially capital structure.
The object of this research was all manufacture industries listed in Indonesian
Stocks Exchange (ISE). The sample of this research was 71 manufacture
industries selected using the purposive sampling technique which was based on
three criteria: 1) the manufacture industries that were listed and active in
the Indonesian Stock Exchange during the research period; 2) The companies had
positive profits during the research period; 3) The manufacture companies that
must have complete data in Indonesian Capital Market Directory (ICMD). The
research data were secondary data which were obtained from ICMD in the years of
2005-2008 in the ISE UMY Corner. The result of analysis showed three findings.
1) Simultaneously, the size, liquidity, profitability, risks, and sales growth
influence the capital structure. 2) Partially, the size gave positive and significant
influence towards capital structure, while the liquidity and profitability gave
negative significant influence towards the capital structure. 3) Partially, the
risks and sales growth did not influence the capital structure.
Penulis: Siti Hardanti,
Barbara Gunawan
Kode Jurnal: jpakuntansidd1000229
