PERTUMBUHAN PENJUALAN, STRUKTUR ASET, LIKUIDITAS DAN STRUKTUR MODAL INDUSTRI OTOMOTIF DI BEI

Abstract

In order to maximize companies financial performance of automotive industry, one of the ways is having a good capital structure. Therefore, this research aimed to find out the effect of sales growth, asset structure amd liquidity on the capital structure of automotive industry companies which were listed on Indonesia Stock Exchange 2014 – 2018. While, the population was automotive companies which were listed on Indonesia Stock Exchange. Moveover, the data were secondary in the form of companies financial statement. Furthermore, the data collection technique used proposive sampling. In line with, there were 10 companies as sample. Additionally, the analysis technique used multiple liniear regression. The research result concluded sales growth had positive effect on the capital structure of automotive companies which were listed on Indonesian Stock Exchange. Likewise, asset structure had positive effect on the capital structure of automotive companies which were listed on Indonesian Stock Exchange. In addition, liquidity had positive effect on the capital structure of automotive companies which were listed on Indonesian Stock Exchange.
Keyword: capital structure, sales growth, asset structure, liquidity