PENGARUH UKURAN PERUSAHAAN DAN NON-DEBT TAX SHIELD TERHADAP STRUKTUR MODAL PADA PERUSAHAAN SEKTOR KEUANGAN

Abstract

The aim of this research is to examine the impact of firm size and non-debt tax shield on the capital structure of financial sector companies listed in Indonesian stock exchange on the period 2010-2013. The sample of this research is choosen by simple random sampling technic and data analize technic is multiple linier regression. Hypothesises are tested by f-test to find the impact of all variables on the capital structure simultaneously and t-test to find the impact of variable on the capital structure partially. The result of the research showed that firm size impact on the capital structure positively and non-debt tax shield has no impact on the capital structure. Meanwhile, independen variables have about impact 45,7% on the capital structure simultaneously.

Keywords: capital structure, firm size, and non-debt tax shield.