Pengaruh Struktur Aktiva, Ukuran Perusahaan, Tingkat Pertumbuhan, Profitabilitas dan Risiko Bisnis Terhadap Struktur Modal: Studi Empiris Pada Perusahaan Sektor Pertambangan yang Listing di Bursa Efek Indonesia Periode 2004-2007

Indrajaya, Glen and Herlina, - and Setiadi, Rini (2011) Pengaruh Struktur Aktiva, Ukuran Perusahaan, Tingkat Pertumbuhan, Profitabilitas dan Risiko Bisnis Terhadap Struktur Modal: Studi Empiris Pada Perusahaan Sektor Pertambangan yang Listing di Bursa Efek Indonesia Periode 2004-2007. Akurat Jurnal Ilmiah Akuntansi, 2 (06).

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Abstract

The main purpose of this study was to determine whether the variables are considered to affect the company's capital structure by a variety of literature and previous research, is able to explain the company's capital structure policy in the mining sector enterprises. In addition this study also aims to determine where the greatest variable in explaining variations in leverage (capital structure). The variables analyzed in this study is the asset structure, firm size, growth rate, profitability, and business risk. The mining sector enterprises are listed on the Stock Exchange became the study sample, where the period of observations were made from 2004 to 2007. The samples taken using a purposive sampling method. Multiple linear regression model by pooling the data used in this study as a method of analysis of research. The results showed that the structure of assets and firm size has a positive and significant influence on capital structure, while profitability has a negative and significant influence on capital structure. Meanwhile, two other variables, the rate of growth and business risk does not significantly influence capital structure. The results show that profitability has the most impact on capital structure. The five independent variables simultaneously significant effect on capital structure, with adjusted R-square value of regression models for the study 46.4%.

Item Type: Article
Uncontrolled Keywords: Capital Structure, Leverage, Asset Structure, Size, Company, Profitability.
Subjects: H Social Sciences > HG Finance
Depositing User: Perpustakaan Maranatha
Date Deposited: 17 Feb 2012 08:34
Last Modified: 17 Feb 2012 08:34
URI: http://repository.maranatha.edu/id/eprint/403

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