KAITAN PROFITABILITAS, LIKUIDITAS, PERTUMBUHAN ASET DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL

Main Article Content

Silvi Setyawati
Elizabeth Sugiarto Dermawan

Abstract

This research was conducted with the aim of knowing the relationship between profitability, liquidity, asset growth, and company size on the capital structure of property and real estate companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2022. This study used a sample of 176 data. The sample selection technique in this study was purposive sampling using SPSS version 26 and Microsoft Office Excel. The results showed that profitability has a weak, negative, and significant correlation to capital structure, liquidity has a moderate, negative, and significant correlation to capital structure, asset growth has a weak, positive, and insignificant correlation to capital structure, and firm size has a moderate, positive correlation. and significant to the capital structure.

Article Details

Section
Articles

References

Christopher. (2019). Analisis Pengaruh Struktur Modal terhadap Profitabilitas Perusahaan Sektor Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode 2014-2016. Jurnal Manajemen Bisnis dan Kewirausahaan, 3(4), 25–31.

Dewiningrat, A. I., & Mustanda, I. K. (2018). Pengaruh Likuiditas, Profitabilitas, Pertumbuhan Penjualan, dan Struktur Aset terhadap Struktur Modal. Ejurnal Manajemen Universitas Udayana, 7(7), 3471–3501. https://doi. org/10.24843/EJMUNUD.2018.v07.i07.p02.

Myers, S. C. (1984). The Capital Structure Puzzle. The Journal Of Finance, 39(3), 575–592. http://dx.doi.org/10.2307/2327916.

Frank, M. Z., Goyal, V. K. & Shen, T. (2020). The Pecking Order Theory of Capital Structure: Where Do We Stand?. Oxfordshire: Oxford University Press.

Ross, S. A. (1977). The Determination of Financial Structure: The Incentive-Signaling Approach. The Bell Journal of Economics, 8(1), 23–40. https:// doi.org/10.2307/3003485.

Komara, A., Ghozali, I., & Januarti, I. (2020). Examining the firm value based on signaling theory. International Conference on Accounting, Management, and Entrepreneurship, 123(January), 1–4. https://doi.org/10.2991/aebmr. k.200305.001.

Hasanatina, F. H., Chasanah, A. N., Oktavia, V. (2020). The Factors of Capital Structure Determination: Evidence in Manufacturing Company in Indonesia. The 2nd International Conference on Business and Banking Innovations (ICOBBI), 429–434.

Sadewo, et al. (2022). Pengaruh Profitabilitas dan Likuiditas terhadap Nilai Perusahaan dengan Struktur Modal sebagai Variabel Intervening (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Sektor Industri Barang Konsumsi Periode 2015-2019). Jurnal Magister Manajemen Universitas Mataram, 11(1), 39–55.

Bako, S. M., dan Marsoem, B. S. (2020). Determinant of Capital Structure of Coal Sub-Sector Mining Companies Listed on Indonesia Stock Exchange. International Journal of Innovative Science and Research Technology, 5(9), 1446–1454.

Rahmiyanti, S., dan Nugroho, A. S. (2020). The Effect of Profitability and Liquidity against Capital Structure (Case Study in Registered Property and Real Estate Sector Companies on the Indonesia Stock Exchange (IDX) Period 2014-2018). Primanomics: Jurnal Ekonomi Dan Bisnis, 18(1), 1–13.

Ariyani, et al. (2018). The Effect of Asset Structure, Profitability, Company Size, and Company Growth on Capital Structure (The Study of Manufacturing Companies Listed on the IDX for the Period 2013-2017). Jurnal Bisnis Strategi, 27(2), 123–136. DOI: https://doi.org/10.14710/jbs.27.2.123-136.

Cipto, et al. (2019). The Factors that Affecting Structure Capital in Manufacturing Companies: The Study in Indonesia of 2012-2014. International Journal of Information, Business and Management, 11(3), 227–234.

Chakrabarti, A., dan Chakrabarti, A. (2019). The Capital Structure Puzzle–Evidence from Indian Energy Sector. International Journal of Energy Sector Management Bradford, 13(1), 2–23. DOI:10.1108/IJESM-03-2018-0001.

Windijarto., dan Andiya, F. (2021). Refinancing dalam Struktur Modal: Studi pada Perusahaan Manufaktur di Bursa Efek Indonesia. Ekuitas: Jurnal Ekonomi dan Keuangan, 5(1), 59–77.

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.