PENGARUH UKURAN PERUSAHAAN, PROFITABILITAS, DAN PERTUMBUHAN ASET TERHADAP STRUKTUR MODAL PADA PERUSAHAAN COSMETICS AND HOUSEHOLD DI BEI

Abstract

The research subject was cosmetics and household companies which were listed on Indonesia Stock Exchange 2012-2018. This due to its share was the most flexible share on economic crisis among other sectors. Therefore, this research aimed to examine the effect of firm size, return on equity, asset growth on capital structure of manufacturing companies. The population was 6 manufacturing companies of cosmetics and household which were listed on Indonesia Stock Exchange (IDX) 2012-2018. While, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 5 companies as sample. Moreover, the data analysis technique used multiple linear regression. The research result concluded: (1) Firm size had negative and insignificant effect on capital structure of manufacturing companies, (2)Return on equity (ROE) had positive and significant effect on capital structure of manufacturing companies, (3) Asset growth (AG) had negative and insignificant effect on capital structure of manufacturing companies.
Keywords: firm size, return on equity, asset growth, capital structure