CAPITAL STRUCTURE: THE FACTORS THAT INFLUENCE IT. (EMPIRICAL STUDY ON MANUFACTURING COMPANIES IN INDONESIA STOCK EXCHANGE)

  • Bambang Sudiyatno Universitas Stikubank
  • Irmawati Irmawati Universitas Stikubank
  • Elen Puspitasari Universitas Stikubank
  • Ida Nurhayati Universitas Stikubank

Abstract

The purpose of this study is to examine the factors that affect the capital structure of the
manufacturing companies listed on the Indonesia Stock Exchange. As the subject of research is
manufacturing companies in Indonesia Stock Exchange. The variables used in the study is the tangibility,
profitability, firm size, liquidity, and capital structure. The study uses panel data, which is a combination
of data time series and cross section. Analysis of data using multiple linear regression method.The results
showed that tangibility positive effect on the capital structure on a significance of less than 1%.
Profitability (ROA) negatively affect the capital structure on a significance of less than 1%, and liquidity
(CR) negatively affect the capital structure on a significance of less than 5%. While the firm size has no
effect on the capital structure.

Published
2019-07-24
How to Cite
Sudiyatno, B., Irmawati, I., Puspitasari, E., & Nurhayati, I. (2019). CAPITAL STRUCTURE: THE FACTORS THAT INFLUENCE IT. (EMPIRICAL STUDY ON MANUFACTURING COMPANIES IN INDONESIA STOCK EXCHANGE). Proceeding SENDI_U, 518-525. Retrieved from https://www.unisbank.ac.id/ojs/index.php/sendi_u/article/view/7357