PENGARUH TINGKAT PERTUMBUHAN, STRUKTUR AKTIVA, PROFITABILITAS, DAN LIKUIDITAS TERHADAP STRUKTUR MODAL PERUSAHAAN PERTAMBANGAN DI BEI
ABSTRACT: Competition in the
business world encourages financial managers to take decisions carefully, one
of which decisions related to capital structure. This study aims to examine the
effect of growth rate, asset structure, profitability, and liquidity on the
capital structure of mining companies in Indonesia Stock Exchange period
2012-2015 period. This research uses associative design with quantitative
approach. Capital structure is calculated by long term debt to equity ratio,
asset structure by comparing current assets with fixed assets, profitability is
calculated by return on equity, and liquidity is calculated by current ratio.
The method used to determine the sample is purposive sampling method with
sample size 23 companies. Data analysis technique used is multiple linear
regression analysis. The results showed that partially significant growth rate
negatively affect the capital structure, asset structure has a negative but not
significant effect on capital structure, and profitability and liquidity have a
significant negative effect on capital structure.
Keyword: growth, asset
structure, profitability, liquidity, capital structure
Penulis: Made Yunitri Deviani,
Luh Komang Sudjarni
Kode Jurnal: jpmanajemendd180064
