PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN, LIKUIDITAS, DAN TANGIBILITY TERHADAP STRUKTUR MODAL (Studi pada Perusahaan Sektor Property, Real Estate, And Building Construction yang Terdaftar Di BEI Periode 2011-2014)

Abstract

One of decision was faced by finance manager is determination of capital structure. The purpose of this research is to understand the influence of profitability, size, liquidity, and tangibility on capital structure. The sample were 28 companies from property, real estate, and building construction sector that listed at the Indonesia Stock Exchange period 2011-2014. This research using multiple regression analysis. The result indicate that size has positively affect on the capital structure.

Profitability  doesn’t effect on capital structure, because the firm doesn’t see how big or small the profit but the great sacrifice and company profit. Liquidity has no effect on capital structure, because the higher it is show the firm is goudy so it does not have a capital Structure difficulties. Tangibility has no effect on capital structure, because high fixed assets can be used operational support so they don’t need internal funding. 

Keywords :Capital Structure, Profitability, Size, Liquidity, Tangibility