PENGARUH PROFITABILITAS, LIKUIDITAS, DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL (PADA PERUSAHAAN OTOMOTIF YANG TERDAFTAR DI BURSA EFEK INDONESIA PADA PERIODE 2015-2018)

Abstract

ABSTRACT

               This study aims to test and analyze the effect of Profitability, Liquidity, Company Size on Capital Structure. Population and sample are all Automotive Companies Registered on the Indonesia Stock Exchange for the 2015-2018 Period. Data analysis in this study using purposive sampling method and classical testing techniques used in this study include normality test, classic assumption test and multiple linear regression analysis, and testing the research hypothesis.

               The results of this study that profitability has no significant negative effect on capital structure. Liquidity has a significant negative effect on capital structure. The size of the company has a positive but not significant effect on the capital structure. So if a company with high profit then the company does not need to need a capital structure in its company, but if the company is more liquid or large, the company will gain more trust from external parties such as certain banks to increase capital structure but if the size of the company is high then the company will improve the capital structure for the expansion of the company whether it is external or external.

 

Keywords: Profitability, Likuidity, Company size and Capital Structure.