Heliani, Heliani and Handayani, Wili and K Fadhillah, Nur Hidayah and Fadhilah, Siti Hasna Effect of Asset Structure, Company Size, Liquidity, Profitability, and Sales Growth on Capital Structure. Jurnal Bisnisman: Riset Bisnis dan Manajemen. ISSN 2686-0473 (online)
Full text not available from this repository.Abstract
Errors in determining the capital structure can affect the sustainable development of a company which can increase the
company's financial risk, namely if the company is unable to pay its interest expense and debt budget. This study was conducted
to analyze the effect of Asset Structure, Firm Size, Liquidity, Profitability, and Sales Growth on Capital Structure in the
Pharmaceutical Industry listed on the Indonesia Stock Exchange in 2016-2020. This type of research is quantitative with data
obtained from financial statements. The population of this study is all pharmaceutical companies listed on the IDX. The sample
was selected by purposive sampling and then 9 companies were selected as samples which were analyzed using Multiple Linear
Regression Analysis. The results showed that the size of the company and profitability partially affect the capital structure.
Meanwhile, the variables of Asset Structure, Liquidity, and Sales Growth partially do not affect Capital Structure. Simultaneously
Asset Structure, Company Size, Liquidity, Profitability, and Sales Growth affect the Capital Structure.
Keywords: Asset Structure, Company Size, Liquidity, Profitability Sales Growth, Capital Structure.
| Item Type: | Article |
|---|---|
| Subjects: | Business > Accounting |
| Divisions: | Faculty of Bussiness and Humanities > Accounting |
| Depositing User: | LIU Library Unit |
| Date Deposited: | 12 Apr 2023 03:53 |
| Last Modified: | 12 Apr 2023 03:53 |
| URI: | http://repository.nusaputra.ac.id/id/eprint/600 |
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