PENGARUH PROFITABILITAS DAN STRUKTUR AKTIVA TERHADAP STRUKTUR MODAL

Abstract

This research is aimed to exammine and to find out the influence of profitability and asset structure to the capital structure at PT. Unilever Indonesia, Tbk which is listed in Indonesia Stock Exchange in 2012-2016 periods. The benefit of the research is to provide information about the influence of profitability and asset structure to the capital structure so it can be the consideration in the decision making of funding by the management. The data is the secondary data at PT. Unilever Indonesia, Tbk which is listed in Indonesia Stock Exchange (IDX). This research does not apply any sample due to the characteristics of this research is a case study, so the data only applies one company i.e. PT. Unilever Indonesia, Tbk in the form of quarterly financial statement of 2012-2016 periods. Based on the result of hypothesis test, the result of the research shows that: (1) Profitability (ROA) does not give any significant influence to the capital structure of PT. Unilever Indonesia, Tbk; (2) Asset structure give significant influence to the capital structure of PT. Unilever Indonesia, Tbk. Simultaneously, independent variables give significant influence to the dependent variable with its significant level is 0.010.