PENGARUH BANK RELATIONSHIP DAN STRUKTUR MODAL TERHADAP PROFITABILITAS (Studi Pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia)

Abstract

This research aimed to examine the effect of bank relationship and capital structure on the profitability. While, the population was manufacturing companies which were listed on Indonesia Stock Exchange (IDX) 2015-2017.The research was quantitative. Moreover, the data were secondary which in the form of financial statement. Furthermore, the data collection technique used purpose sampling. In live with, there were 108 samples from 36 manufacturing companies. In addition, the data analysis technique used multiple linear regression.The research result concluded bank relationship had positive effect on the profitability. It meant, a company with more than one bank relationship, would give really benefit; compared to one company with only one bank relationship. On the other hand, the firm size did not affect the profitability positively. In other words, a higher asset would determine lower profitability. Likewise, debts structure did not affect the profitability positively. It meant, the more debts the company had, the lower its profitability. Meanwhile, the firm age had positive effect on the profitability. In the other words, the longer the company established the higher its profitability. Likewise, capital structure had positive effect on the profitability. It meant, the more debts were paid, the higher the company’s profitability.
Keywords: bank relationship, capital structure, profitability