PENGARUH PROFITABILITAS, LIKUIDITAS, PERTUMBUHAN ASET DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL

Abstract

This research aimed to examine the effect of profitability, liquidity, asset growth and firm size on capital structure. While profitability was measured by Returm On Asset (ROA), liquidity was measured by Current Ratio (CR), asset growth was measured by Asset Growth and firm size was measured by In Total Asset. The research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 65 Food and Beverages companies from 13 companies as the sample/ furthermore, the data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution) 21. The research result concluded that profitability did not affect the capital structure of Food and Beverage companies. Likewise, both asset growth and firm size did not affect the capital structure of Food and Beverage companies. On the other hand, liquidity had a negative effect on the capital structure of Food and Beverage companies.
Keyword: profitability, liquidity, asset growth, firm size, capital structures