PENGARUH GROWTH OPPORTUNITY, PROFITABILITAS STRUKTUR ASET TERHADAP STRUKTUR MODAL

Abstract

Capital structure was important for the company since good or bad of its capital structure gave direct effect on the company’s financial position. The determination of capital structure of a company required to have a consideration related with kinds of variables i.e. growth opportunity, profitability, and assets structure.This research aimed to find out the effect of growth opportunity, profitability and assets structure. Population of this research used food and beverages at BEI with purposive sampling as the sampe collection technique. The analysis technique used multiple linear regressions. The result of the examination showed that growth opportunity did not have any effect on capital structure because the internal fund owned by the company was available therefore needs of debt as form of external fund were not needed, moreover pprofitabilty did not have any effect on the capital structure since internal funding wich came from profit were more favorable for the company. Furthermore, assets stucture gave positive effect on the capital stucture because company who’s their assets were mostly came from fixed assets should prioritize the needs of their funding with debt.
Keywords: Growth opportunity, profitability, asset structure, capital structure.