Faktor Yang Mempengaruhi Struktur Modal Perusahaan Manufaktur Yang Terdaftar Di BEI

Abstract

The purpose of this empirical research is to examine the determinants of capital structure in manufacturing companies listed on the Indonesia Stock Exchange from 2015 to 2017. The research used 67 manufacturing companies that were selected using purposive sampling method for a total of 201 data in three years. Data processing techniques used are Eviews version 10.0. This research used panel data regression analysis. The results of this research shows that all independent variables have effectson capital structure  simultaneously. The partially test showed that profitability, liquidity have negative significant effect to capital structure, tangible assets has no significant positive effect to capital structure, and firm size has no significant negative effect to capital structure