FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2011-2015

  • Riska Urip Lestari
  • Danar Irianto

Abstract

This study aimed to examine the effect of firm size, liquidity, financial flexibility, share growth, sale growth,
business risk and profitability to capital structure. This study used secondary data from the company’s financial
statements and determinan of the sample using techniques proposive sampling. The population in this study are
manufacture companies listed on the Indonesian Stock Exchange (BEI) in the period  2011-2015 with a sample 55
companies. The result showed firm size has a positive effect to capital structure. Liquidity has a no effect to capital
structure. Financial flexibility has a negative effect to capital structure. Sale growth has a positive effe ct to capital
structure. Profitabilitas has a negatife effect to capital structure. Other result showed share growth and risk business
has no effect to capital stucture. The result of the study are expected to add to the research literature that discuss the
factors that effect of capital structure on manufacture companies. Further research can add control variable.
Key Words:  Capital structure, Firm size, Liquidity, Financial flexibility, share growth, sale growth, business
risk,Profitability

Published
2017-09-29
How to Cite
LESTARI, Riska Urip; IRIANTO, Danar. FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2011-2015. JOURNAL OF APPLIED MANAGERIAL ACCOUNTING, [S.l.], v. 1, n. 1, p. 96-110, sep. 2017. ISSN 2548-9917. Available at: <http://jurnal.polibatam.ac.id/index.php/JAMA/article/view/504>. Date accessed: 24 feb. 2018.