PENGARUH STRUKTUR AKTIVA, PROFITABILITAS, GROWTH OPPORTUNITY, DAN TIME INTEREST EARNED TERHADAP STRUKTUR MODAL (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2010-2014)

Abstract

This study aims to prove the effect of asset structure, profitability, growth opportunity, time interest earned and capital structure on companies listed in Indonesian Stock Exchange in 2010 through 2014. The period used in this study is 5 (five) years, beginning from 2010 until 2014. While the sample is qualified 56 companies of 146 companies listed in the Indonesian Stock Exchange (BEI) in 2010-2014. Samples were taken by using purposive sampling method. Using the statistical method Regression Analysis, the statistical test of hypothesis testing and statistical test t and f, with SPSS 16.0. These results indicate asset structure significant effect on the capital structure. Profitability has no effect on the capital structure. Growth opportunity has no effect on the capital structure. Time interest earned significant negative effect on the capital structure.

Keywords:       Asset Structure, Profitability, Growth Opportunity, Time Interest Earned and Capital Structure