ANALISIS FAKTOR PENENTU STRUKTUR MODAL PERBANKAN DI INDONESIA
<p class="Style1"><em>The objective of this paper is to analyze the determinant factors of capital structure in </em><em>banking sector in Indonesia. The object of this paper includes 19 banks that have been </em><em>listed in Jakarta Stock Exchange. There are 5 variables, choosed as the measurement of </em><em>capital structure, those are: Size, Tangibility Non Debt Tax Shiekls, ProNabiNy and Depre-</em><em>ciation. Data analysis used in this paper is the financial statement of each bank and taken </em><em>from their balance sheet. The data period started from year 2003 until year 2005. This </em><em>paper finds that all independent variables affect dependent variable (capital structure) </em><em>simultaneously and partially. Independent variable size Kt tangibility (X2), NDTS (X), and </em><em>depreciation variable (X5) have insignificant effect to capital structure. Meanwhile, profitabil-</em><em>ity variable (X.) has significant effect to capita/ structure.</em></p><p class="Style1"><strong><em>Keywords: </em></strong><em>Capital Structure, Banking Industry</em></p>