Pengaruh Profitabilitas, Ukuran Perusahaan, Leverage, dan Struktur Aktiva Terhadap Struktur Modal: Studi Empiris Pada Perusahaan Sub Sektor Farmasi Yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2020
Keywords:
Profitability; Company Size; Leverage; Asset Structure; Capital StructureAbstract
This study aims to determine the effect of Profitability, Firm Size, and Asset Structure on Capital Structure in the pharmaceutical sub-sector listed on the Indonesia Stock Exchange for the period 2016-2020. The population in this study uses the Non Probability Sampling technique. The research sample uses the Purposive Sampling method, the sample in this study there are 9 companies in the pharmaceutical sub-sector. This research was carried out using the multiple linear regression method assisted by the SPSS version 25 program and Microsoft Excel 2016. The results showed that Profitability had no effect on Asset Structure, Firm Size no effect on capital structure, leverage has a significant negative effect on capital structure and asset structure has a significant positive effect on capital structure.