scholarly journals PENGARUH PROFITABILITAS, STRUKTUR AKTIVA, DAN LIKUIDITAS TERHADAP STRUKTUR MODAL PERUSAHAAN SUBSEKTOR KONSTRUKSI BANGUNAN DI BEI

2019 ◽  
Vol 8 (7) ◽  
pp. 4444
Author(s):  
Ni Putu Yulinda Prastika ◽  
Made Reina Candradewi

This study aims to determine the important factors that can affect the capital structure of companies in the construction construction sub-sector on the Indonesia Stock Exchange (IDX). There are 3 (three) important factors that can affect the capital structure, namely: profitability, asset structure, and liquidity. This research uses purposive sampling in the method of determining the sample so that it gets 9 companies which are the samples of this study. Data used in the form of secondary data taken for 6 years in the period 2012-2017. Multiple linear regression as a data analysis technique used. The results obtained from this study are 1) variable profitability has a significant negative effect on the capital structure of the company's construction construction sub-sector on the Indonesia Stock Exchange (IDX); 2) asset structure has a negative and significant effect on the building construction sub-sector of the company on the IDX; and 3) liquidity has a significant negative effect on the capital structure of the company's construction construction sub-sector on the IDX. Keywords: capital structure, profitability, asset structure, liquidity

2020 ◽  
Vol 9 (4) ◽  
pp. 370-382
Author(s):  
Sari Fitri Fatimah ◽  
Rini Setyo Witiastuti

This research is intended to prove the influence of financial flexibility, asset structure, firm size, profitability and business risk on the capital structure. The population on this study are property, real estate and building construction sector that are listed on the Indonesia Stock Exchange in 2009-2018. The number of samples used were 28 companies with a purposive sampling method. The data studied was obtained from the Indonesia Stock Exchange (IDX). Methods of data analysis used in this study is multiple linear regression. The results showed that financial flexibility has not significant  negative effect on capital structure. Asset structure and firm size have a significant positive effect on capital structure. The profitability and business risk have a significant negative effect on capital structure. Further research is needed to use another proxies such as ROE for profitability variables or standard deviations from ROE for business risk on capital structure and add another sectors or the number of observation periods.


2019 ◽  
Vol 8 (12) ◽  
pp. 7411
Author(s):  
Ayu Chintya Arie Zeuspita ◽  
I Putu Yadnya

ROA is a comparison between pre-tax profit and total bank assets. Factors that can influence ROA must be observed by bank management in order to obtain optimal ROA. Optimal ROA shows that banks are able to make good use of assets owned to generate profits. The purpose of this study was to determine the effect of CAR, NPL, DER and LAR partially on ROA in commercial banks on the IDX for the period 2013-2015. The sample in this study were banking companies listed on the Indonesia Stock Exchange for the period 2013-2015, which totaled 31 banking companies, which were taken using the census method. Data collection is done by nonparticipant observation methods. The data analysis technique used is multiple linear regression. The results showed that there was a significant positive effect between CAR and ROA. NPL shows a significant negative effect on ROA. DER shows a significant negative effect on ROA, and LAR shows a significant positive effect on ROA. Keywords: CAR, NPL, DER, LAR, ROA


2020 ◽  
Vol 12 (4(J)) ◽  
pp. 59-66
Author(s):  
Joy Pandapotan ◽  
Noegrahini Lastiningsih

This study aims to determine the effect of capital structure, liquidity, and company size on profitability in state-owned companies listed on the Indonesian state-owned enterprise website in 2016 - 2018. This research uses a quantitative approach. This study uses secondary data from company financial and annual report, the sample consists of 65 stated-owned companies. The data analysis technique in this study uses multiple linear regression, classic assumption test, and the hypothesis test consists of  the t-test. Based on the results of data analysis known that capital structure has a insignificant negative effect on profitability, liquidity has a significant positive effect on profitability, and company size has a significant negative effect on profitability. The results of this study are expected to be useful for managers in making decisions related to company management, beneficial for investors in choosing investments, and being useful as a reference for further researchers who studying profitability variables


2021 ◽  
Vol 31 (11) ◽  
pp. 2748
Author(s):  
Ni Wayan Meitriyani ◽  
Ni Gusti Putu Wirawati

The purpose of this study was to determine the effect of business risk, profitability, and asset structure on capital structure. This study takes samples from manufacturing companies listed on the Indonesia Stock Exchange for the 2015-2019 period. The sample used is purposive sampling. The analysis technique used is multiple linear regression. The results of business risk research have a significant positive effect on the capital structure of Food and Beverage Companies Listed on the IDX in 2015-2019 while profitability has a significant negative effect on the capital structure of Food and Beverage Companies Listed on the IDX, and asset structure has a significant positive effect on the capital structure in Food and Beverage Companies Listed on the Indonesia Stock Exchange in 2015-2019. Keywords : Food and Beverage; Business Risk; Profitability; Asset Structure.


2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Imelda Fransiska

The purpose of this study is to determine the effect of capital structure and profitability on cash flow shocks on manufacturing companies listed of indonesia Stock Exchange in 2015 – 2019. The data source used in this research is secondary data. The population in this study is manufacturing companies listed in Indonesia Stock Exchange. Data collation methods in this study used purpose sampling. Data analysis technique uses multiple linier regression and classical assumption test. The result showed that capital structure has no significant negative effect on cash flow shocks with a significance level of 0.741 > 0.05. Profitability has a significant positive effect on cash flow shocks with a significance of 0.001 < 0.05. Keywords : capital structure, profitability, cash flow shocks.


2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Mutiara Putri Astiana

The researchhwas conducted to test whether there is anneffect of profitability (Return OnnAssets), asset structure, salesggrowth and liquidity (CurrentrRatio) on the capital structure (Debt tooEquity Ratio) in food anddbeverage sub-sector companiesslisted on theeIndonesia Stock Exchange (IDX) from 2015-2019. This type of research is descriptiveqquantitative with appopulation of 26ccompanies and the sample used is 10 companies usinggpurposiveesampling method and obsevations for 5 years so that 50 observationalddata are obtained. Secondary data were obtained from the officialwwebsite of the IndonesiasStock Exchange. The analysis technique uses multiple linier regression analysis with the SPSS 15 program. Based on the resultsoof theeanalysis, it can be concluded that profitability anddliquidity have a signicanteeffect on capital structure, while assetsstructure and salesggrowth has noosignificant effectoon capitalsstructure. Keywords: ROA. Asset structure, Sales growth. CR, DER


2021 ◽  
Vol 31 (9) ◽  
pp. 2213
Author(s):  
Ni Made Arika Wulandari ◽  
Maria Mediatrix Ratna Sari

The capital structure is very important for the company, this is because it involves the policy of determining the source of funding used, both from inside and outside the company. This study aims to determine the effect of asset structure, business risk, and firm size on capital structure with profitability as a moderating variable. The research was conducted on manufacturing sector entities that are listed on the Indonesia Stock Exchange (IDX) for the 2016-2019 period. The population is 141 entities. Based on the purposive sampling method, the research sample used was 70 manufacturing entities. The data analysis technique in this study is moderated regression analysis. The results showed that the asset structure has a negative effect on the capital structure. Business risk has no influence on the capital structure. Firm size has a positive influence on capital structure. Profitability is able to moderate the effect of asset structure and firm size on capital structure. Profitability does not moderate the effect of business risk on capital structure. Keywords: Capital Structure; Assets Structure; Business Risk; Firm Size; Profitability.


2020 ◽  
Vol 15 (2) ◽  
pp. 147-162
Author(s):  
Yona Putri Nabayu ◽  
Novelia Marbun ◽  
Hannitra Fitria Ginting ◽  
Novi Adriyani Sebayang ◽  
Tetty Tiurma Uli Sipahutar

The purpose of conducting this research is to examine the effect of profitability, asset structure, liquidity, on the capital structure of food and beverage companies listed on the Indonesia Stock Exchange in 2014-2017. This study used a sample of 36 food and beverage companies listed on the Indonesia Stock Exchange in 2014-2017. The approach method used in this research is quantitative, the type of research used is descriptive quantitative, the nature of this research is causal and the type of secondary data. Multiple linear regression is used in the data analysis method. Judging from the results of this study that profitability partially does not affect capital structure while asset structure partially has a negative and significant effect on capital structure and liquidity has a positive and significant effect on capital structure. Simultaneously, profitability, asset structure, liquidity have a positive and significant impact on capital structure. The results of the coefficient and determination test obtained an adjusted R Square value of 0.252 or 25.2%, this means that the dependent variable, namely the capital structure can be explained by variations of the four independent variables, namely profitability, asset structure and liquidity by 25.2%, while the remaining 74.8% is explained by other variables not included in this study.


2020 ◽  
Vol 3 (4) ◽  
pp. 461-473
Author(s):  
Deni Sunaryo

The discussion leads to the influence of Profitability and Asset Structure on Capital Structure which shows the inequality of the results in previous studies. Therefore, this study aims to determine the effect of profitability and asset structure on capital structure. This study uses an empirical study for the transportation sub-sector companies in Southeast Asia in 2012-2018. The data used in this study are secondary data from transportation companies listed on the stock exchange during 2012-2018. The sampling method was taken and resulted in 8 companies as samples. The statistical analysis used in this research is multiple regression method, partial test and simultaneous test with SPSS version 23. The results of the study partially conclude that profitability has a significant negative effect on capital structure and asset structure has a significant negative effect on capital structure. The results of the research simultaneously show that the calculated F value is greater than the F table value, namely 6.348 > 3.17, and the significance value is smaller than 0.05 (0.003 < 0.05). Thus, Profitability and Asset Structure simultaneously influence Capital Structure. The study concluded that all independent variables have an influence on capital structure. Based on the test results of the coefficient of determination, the value of adjust R Square is 19.3%, the remaining 80.7% is influenced by other variables outside of this study.


Author(s):  
Marista Oktaviani ◽  
Asyidatur Rosmaniar ◽  
Samsul Hadi

ABSTRACT  The purpose of this research is to find out whether the size of the company (SIZE) and the Capital Structure of the Value of the Company with the Distribution of Dividends as a variable intervening. The study period was 2011-2015 with a sample of 400 manufacturing companies listed on the IDX. Data analysis using PLS Warp. SIZE results have a significant negative effect on PBV, capital structure does not affect PBV, dividend distribution has a significant positive effect on PBV, SIZE and capital structure has a positive effect on PBV, dividend distribution can mediate SIZE against PBV, and Dividend Distribution cannot mediate Capital Structure PBV. Keywords                   : SIZE. Capital Structure, Dividend Distribution of Company ValuesCorrespondence to        : [email protected] ABSTRAK Tujuan dalam penelitian ini untuk mengetahui apakah ukuran perusahaan (SIZE) dan Struktur Modal terhadap Nilai Perusahaan dengan Pembagian Dividen sebagai variable intervening. Periode penelitian ini 2011-2015 dengan sampel 400 perusahaan manufaktur yang terdaftar di BEI. Analisis data menggunakan Warp PLS. Hasil penelitian SIZE berpengaruh negatif siginifikan terhadap PBV, Struktur modal tidak berpengaruh terhadap PBV, Pembagian dividen berpengaruh positif signifikan terhadap PBV, SIZE dan struktur modal berpengaruh  positif ke PBV, Pembagian dividen dapat memediasi SIZE terhadap PBV, dan Pembagian Dividen tidak dapat memediasi Struktur Modal terhadap PBV. Kata kunci                   :SIZE. Struktur Modal, Pembagian Dividen an Nilai PerusahaanKorespondensi            : [email protected]


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