PENGARUH PROFITABILITAS, STRUKTUR AKTIVA, DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL

Abstract

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