DETERMINAN STRUKTUR MODAL PERUSAHAAN BUMN YANG TERDAFTAR DI BEI 2012-2016
Daftar Isi:
- The objectives of this research are to examine the effect of profitability, liquidity, asset structure and Firm Size simultaneously and partially on Capital Structure of stated-owned enterprises (BUMN)listed on Indonesia Stock Exchange during period 2012-2016. Population of this researchis 20 companies, and sample of 15enterprises with sampling using purposive sampling technique. The analytical method used is multiple linear regression analysis, which previously tested with the classical assumption. The results showed that the profitability, liquidity, asset structure and Firm Size influence simultaneously on Capital Structure.The research also revealed that, profitability, liquidity, asset structure have a negative and significant effect on Capital Structure,while firm sizehas positive and significant effect on the Capital Structure. Overall, all of independent variables in this research are able to explain the variation of capital structure of stated-owned enterprises in Indonesia by 86,10 percent.