FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR

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Ivana Michellin
Henryanto Wijaya

Abstract

This study aims to determine the effect of profitability, firm size, asset structure and
liquidity on the capital structure of manufacturing companies listed on the Indonesia
Stock Exchange (IDX) in 2018-2020. This study used a sample of 246 data. This study
uses a sample selection technique with purposive sampling and uses Eviews 12 in
processing the data. The results showed that profitability, firm size and asset structure
had a positive and significant effect on capital structure. Meanwhile, liquidity has a
negative and insignificant effect on capital structure. profitability, firm size, asset
structure and liquidity simultaneously affect the capital structure.

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