An Analysis of Factors Affecting Capital Structures in Companies Listed in Indonesia Stock Exchange Period 2010-2014

Authors

DOI:

https://doi.org/10.31686/ijier.vol9.iss2.2903

Keywords:

Capital Structure, Profitability, Sales Growth, Asset Structure, Company Size

Abstract

This research aims to analyze the factors that affect the capital structure of companies listed on the Indonesia Stock Exchange in the period 2010-2014. The variables studied were profitability, sales growth, asset structure and company size. This research is a comparative causal study. The data used is secondary data obtained from the site www.idx.co.id.The population in this study are all companies listed on the Indonesia Stock Exchange in the period 2010-2014. The sample selection is done by using purposive sampling method, so that as much as 1089 observational data are obtained. Analysis of the data used is multiple regression analysis. The results of this study indicate that the variable profitability, asset structure and firm size significantly influence the capital structure. The magnitude of the coefficient of determination (Adjusted R Square) is equal to 0.104. This means that 10.4% of the dependent variable that is capital structure can be explained by four independent variables namely profitability, sales growth, asset structure and company size. While the remaining 89.6% is explained by variables or other causes outside the model.

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Author Biography

Eva Hardianti, Lampung University

Faculty of Economics and Business

References

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Published

2021-02-01
CITATION
DOI: 10.31686/ijier.vol9.iss2.2903

How to Cite

Hardianti, E. (2021). An Analysis of Factors Affecting Capital Structures in Companies Listed in Indonesia Stock Exchange Period 2010-2014. International Journal for Innovation Education and Research, 9(2), 135–142. https://doi.org/10.31686/ijier.vol9.iss2.2903
Received 2020-12-16
Accepted 2021-01-05
Published 2021-02-01