PENGARUH PROFITABILITAS, LIKUIDITAS, DAN STRUKTUR AKTIVA TERHADAP PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PADA PERIODE 2017-2019

Abstract

The purpose of this study was analyze and obtain empirical evidence regarding the effect of
profitability, liquidity, and tangibility assets on capital structure. This research was
conducted using a purposive sampling method with a total sampel of 214 data from
manufacturing companies listed on Indonesia Stock Exchange with an observation period of
3 years, 2017-2019. This research was conducted using secondary data obtained from the
financial statements cintained on the website www.idx.com. The results obtained from the
study concluded that the profitability variables has a positif and not significant effect on
capital structure, while the liquidity variables and tangibility assets variables have a negatif
and significant effect on capital structure.