PENGARUH PROFITABILITAS, STRUKTUR ASET DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL

Abstract

This research is aimed to find out the influence of profitability, assets structure, and firm size to the capital
structure. The population of this research is 12 automotive companies which are listed in Indonesia Stock
Exchange. The sample collection technique has been conducted by using purposive sampling therefore, 8
companies have been selected as samples. The analysis technique has been done by using multiple linear
regressions analysis. The result of the test shows that profitability, assets structure, and firm size are fit / feasible
to be used as the predictor of capital structure. This result indicates that profitability, assets structure, and firm
size is feasible as the explanatory variables of capital structure. The result of the test shows that profitability has
negative and significant influence to the capital structure, and assets structure has positive and significant
influence to the capital structure whereas firm size does not have any influence to the capital structure.
Keywords: profitability, assets structure, firm size and capital structure.