摘要:This study aimed to analyze and test the effect s of firm size, tangible asset s , profitability, asset growth, sales growth and financial risks to the capital structure of the companies listed on the Indonesia Stock Exchange period 2011-2014. Methods used in this research was quantitative method using manufacturing companies listed on the Indonesia Stock Exchange (BEI) in the period of 2011-2014 as the research population. The samples of 54 companies were selected by using purposive sampling method. The study hypothesis was tested by multiple linear regression which have fulfilled classical assumption test. The results showed that firm size (X1), asset growth (X4), and financial risks (X6) had significant influence with the positive directional effect towards the capital structure. Profitability factor (X3) had significant influence with the negative directional effect towards the capital structure. Meanwhile, the factors of tangible asset (X2) and sales growth (X5) had no significant effect towards the capital structure.
其他摘要:This study aimed to analyze and test the effect s of firm size, tangible asset s , profitability, asset growth, sales growth and financial risks to the capital structure of the companies listed on the Indonesia Stock Exchange period 2011-2014. Methods used in this research was quantitative method using manufacturing companies listed on the Indonesia Stock Exchange (BEI) in the period of 2011-2014 as the research population. The samples of 54 companies were selected by using purposive sampling method. The study hypothesis was tested by multiple linear regression which have fulfilled classical assumption test. The results showed that firm size (X1), asset growth (X4), and financial risks (X6) had significant influence with the positive directional effect towards the capital structure. Profitability factor (X3) had significant influence with the negative directional effect towards the capital structure. Meanwhile, the factors of tangible asset (X2) and sales growth (X5) had no significant effect towards the capital structure.
关键词:Firm size; tangible asset; profitability; asset growth; sales growth; financial risk and capital structure.