PENGARUH PROFITABILITAS, LIKUIDITAS, PERTUMBUHAN PENJUALAN, OPERATING LEVERAGE, DAN TANGIBILITY TERHADAP STRUKTUR MODAL (Studi Empiris pada Perusahaan Manufaktur yang Listing Di Bursa Efek Indonesia Tahun 2011– 2014)
Daftar Isi:
- ABSTRACT Diana Iswara, 2016; The Effect of Profitability, Liquidity, Sales Growth, Operating Leverage and Tangibility on Capital Structure (Empirical Evidence from Manufacture Firm Listed on Indonesia Stock Exchange in 2011-2014). Thesis, Jakarta: Study Program of Management, Concentration of Financial Management, Department of Management, Faculty of Economics, State University of Jakarta. The purpose of this study is to know the effect of profitability, liquidity, sales growth, operating leverage and tangibility on capital structure: evidence from manufacture firm listed on Indonesia Stock Exchange in 2011-2014. The sample using in this study is 41 companies. The research model in this study employs panel data analysis (unbalanced panel) with fixed effect approach. The result show that profitability and liquidity have negative and significant effect on capital structure. Sales growth have positive and significant effect on capital structure. Operating leverage have positive but not significant effect on capital structure. While tangibility have negative and not significant effect on capital structure. Key words: Profitability, Liquidity, Sales Growth, Operating Leverage, Tangibility, Capital Structure, Manufacture Firm