FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PERUSAHAAN
The company is a group that has the aim to get the maximum benefit possible by utilizing existing resources as optimally as possible. Companies in general will not be able to finance all of their operational activities by using their own capital, because of limited funds from the leadership of the company. hence the company tries to utilize the resources they have such as tangibility and the company's growth rate to obtain additional capital. This study aims to determine how much tangibility and growth rates can influence companies in setting capital structures. The population in this study are all companies listed on the Indonesia Stock Exchange during the end of the 2013-2017 period. In this study using purposive sampling technique in sampling and obtained a sample of 19 companies with 95 observations. Panel data regression analysis in this study uses the help of the E-Views 8 application and tests CEM, FEM and REM to determine the best model. The test results state that tangibility has a positive and significant effect on company leverage, while the growth rate does not significantly influence company leverage