ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PERUSAHAAN LQ 45 PASCA KRISIS GLOBAL

  • Selly Andriyani
  • Sri Yuliati
Keywords: capital structure, LQ 45, global crisis, profitability

Abstract

Optimal capital structure or leverage has been debated in the literatures. However, there is no theory which can explain optimal leverage in general condition. The purpose of this research is to find out the influence of profitability, liquidity, asset structure and growth on the LQ 45 companies leverage after global crisis. The data are collected from 13 companies LQ 45 that are listed in Indonesian Capital Stock Exchange. The sample are selected based on purposive sampling method. The two years data are pooled and then are analized by multiple linear regression and t test. Regression result is Y= 0989 - 0,984X1 - 0,173X2 - 0,351X3 + 0,009X4 and the t test show that profitability, liquidity and asset structure are significant negative effect to leverage ratio while growth is not affect to leverage ratio.

Published
2020-09-26