FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR DI BEI

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Jessica Alvon Wiegianto
Lukman Surjadi

Abstract

This study aims to examine and analyze whether there is an influence between asset
structure (tangibility), profitability, liquidity, and firm size on the asset structure of
manufacturing companies listed on the Indonesia Stock Exchange during the 2018-2020
period. In this research, there are 80 companies that will be studied by having a total of
240 data. This company uses secondary data in the form of company financial statements
taken from the website www.idx.co.id. The sample selection in this study used a purposive
sampling method and the data testing technique used multiple linear analysis processed
using EViews 12. The results of the research that have been conducted indicate that the
asset structure (tangibility) and profitability have no effect on capital structure while
liquidity has a significant negative effect on capital structure and firm size have a positive
and significant effect on capital structure.

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