PENGARUH STRUKTUR AKTIVA, PROFITABILITAS, DAN LIKUIDITAS TERHADAP STRUKTUR MODAL

Abstract

This research aimed to find out the asset structure (SA), profitability (ROI), and liquidity (CR) on the capital structure (DER) of Food and Beverages companies which were listed on Indonesia Stock Exchange. The data were secondary, in which taken from Indonesia Stock Exchange. While, the population was Food and Beverages companies which were listed on Indonesia Stock Exchange 2014-2017. Moreover, the data collection technique used purposive sampling, in which the samples were based on considered criteria. In line with, there were 8 Food and Beverages companies as sample. Furthermore, the data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solutions). The research result concluded asset structure (SA) had negative and insignificant effect on the capital structure (DER). On the other hand, profitability (ROI) had positive and significant effect on the capital structure (DER). In addition, liquidity (CR) had positive and significant effect on the capital structure (DER). In brief, profitability (ROI) and liquidity (CR) subsequently had positive and significant effect on the capital structure (DER)
Keyword: asset structure (SA), profitability (ROI), liquidity (CR), capital tructure (DER).