PENGARUH GROWTH OPPORTUNITY, LIQUIDITY, TANGIBILITY, DAN FIRM SIZE TERHADAP CAPITAL STRUCTURE

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Venni Julyandy Putri
Ardiansyah Ardiansyah

Abstract

This study aims to obtain empirical evidence regarding the effect of growth opportunity,
liquidity, tangibility, and firm size on the capital structure of manufacturing companies in
the consumer goods industries and miscellaneous industries listed on the IDX in 2018-
2020. Sample selection using purposive sampling method with the valid data as many as
132 samples consisting of 44 companies. The data processing technique used multiple
regression analysis assited by the Eviews version 12 program and Microsoft Excel 2007.
The results showed that growth opportunity, liquidity, and tangibility had no significant
effect on capital structure, while firm size shows that there is an effect positive and
significant to the capital structure.

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