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

Abstract

Capital structure is a balance between the use of its own capital with the use of debt capital. It means how much
equity and how much debt to be used, so as to produce an optimal capital structure. There are many factors that
affect the company's capital structure. Therefore the study will examine the influence of asset structure, firm
size, and liquidity of the company's capital structure are moderated profitability. The purpose of this study is to
investigate and examine the effect of of asset structure, firm size, and liquidity of the company's capital
structure are moderated profitability. Number of samples in accordance with criteria specified by 8 auotmotive
company listed on the Indonesia Stock Exchange (BEI) in the period 2010 to 2013 periode. The analysis
technique which is used to analyze the influence of the variables in this research is the multiple linear
regressions analysis, t-test and regressions analysis. The population is the financial statements data of
automotive companies which are listed in Indonesia Stock Exchange from 2010 to 2013 periods. The result of
research describes that the asset structure ratio, firm size and liquidity have significant influence to the capital
structure of the automotive companies and when it is moderated the profitability has significant influence to the
capital structure.
Keywords: capital structure, asset structure, firm size, liquidity and profitability.