PENGARUH GROWTH OPPORTUNITY, PROFITABILITAS DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

Capital structure is the company long term expenditure which is showed by the comparison of the long term debt to the own capital. In the determination of the funding sources which will be used andhow bigthe proportion of each fund source so that the company will analyze several factors in order to obtain the combination of optimum capital structure. This research is meant to test and to find out the influence if asset structure, firm size, and profitability to the capital structure. The Automotive and Component companies which are listedin Indonesia Stock Exchange in 2011-2015 periods. The sample collection technique has been carried out by using Purposive Sampling Method. The samples are 6 Automotive and Component companies which are listed in Indonesia Stock Exchange i.e.: PT. Astra International Tbk, PT. Astra OtopartsTbk, PT. IndospringTbk, PT. NipressTbk, PT. Prima Alloy Tbk, and PT. SelamatSempurnaTbk. The result of this research shows that asset structure, firm size, and profitability have positive and significant influence to the capital structure which means that when the asset structure, firm size, and profitability is getting high, the capital structure which is owned by the company will be high as well.
Keywords: capital structure, asset structure, firm size, and profitability.