PENGARUH UKURAN PERUSAHAAN, LIKUIDITAS, PROFITABILITAS DAN STRUKTUR AKTIVA TERHADAP STRUKTUR MODAL

Abstract

This research is meant to analyze the influence of firm size, liquidity, assets structure, and profitability to the
capital structure on the telecommunication companies which are listed in IDX 2010-2014 periods. The sample
collection method has been done by using purposive sampling and the samples are twenty five
telecommunication companies. The dependent variable of this research is capital structure which is proxy by
Debt to Equity ratio; meanwhile the independent variables are firm size, liquidity, assets structure, and
profitability. The data analysis method has been done by using multiple regressions analysis. The result of
goodness of fit test shows that firm size, liquidity, assets structure, and profitability is the explanatory variable
from the capital structure. The result of hypothesis test shows the firm size has significant and positive influence
to the capital structure, liquidity has significant and positive influence to the capital structure, assets structure
has significant and positive influence to the capital structure and profitability has significant and positive
influence to the capital structure.

Keywords: firm size, liquidity,assets structure, profitability, capital structure.