Faktor Yang Mempengaruhi Capital Structure Pada Perusahaan Manufaktur Tahun 2017-2019

Abstract

This purpose of this study is to identify the effect of profitability, liquidity, firm size, and growth opportunity on capital structure. This research was conducted using secondary data. The object of this research is manufacturing companies listed in the Indonesia Stock Exchange (IDX) during the year 2017-2019. This research is conducted with a sample of 225 data from 75 manufacturing companies. Furthermore, data collection techniques used in this research is purposive sampling that is processed using EViews ver 10 program. The results of this study concludes that profitability and liquidity has a negative effect on capital structure, while firm size has no significant effect on capital structure and growth opportunity has a positive effect on capital structure.