Institusion
Universitas Pembangunan Nasional Veteran Jawa Timur
Author
FITRIA , APRILYANI ZARKASIH
Subject
HG 1706-1708 Accounting, Bookkeeping
Datestamp
2014-05-02 04:00:24
Abstract :
Capital structure is a clasic problem for the company. The good and bad
capital structure will affect the survival of a company. Faced with this, the
company should look for funding alternatives selected. The financial manager
must arrange for the company to obtain the necessary funds at minimal cost and
terms of the most profitable. The purpose of this study was to obtain evidence of
whether the profitability and asset structure has an influence on the capital
structure.
In this case, researchers used secondary data from company financial
statements ICMD and consumer goods industries 2009-2011 period were
obtained from the Indonesia Stock Exchange (IDX). Researchers used a sample of
26 companies selected consumer goods industries by purposive sampling. The
analysis technique used is multiple linear regression.
The conclusion of this study that partial profitability variable (X1) a
significant negative effect on capital structure (Y) while the asset structure (X2)
does not significantly influence capital structure (Y). The two variables used in
this study (profitability and asset structure) jointly affect the capital structure
with a value of 9.4% while the remaining 90.6% is a free variable that is
determined by external factors other than the variable profitability and asset
structure.