PENGARUH PROFITABILITAS, LIKUIDITAS, STRUKTUR AKTIVA DAN GROWTH OPPORTUNITY TERHADAP STRUKTUR MODAL
DOI:
https://doi.org/10.55606/jaemb.v2i3.668Keywords:
Profitability, Liquidity, Asset Structure, Growth Opportunity, Capital Structure.Abstract
This study aims to determine the effect of the variabels Profitability, Liquidity, Asset Structure and Growth Opportunity on Capital Structure in Properti and Real Estate Companies. The population used in this study are Properti and Real Estate Companies listed on the Indonesia Stock Exchange with a research observation period of 2017 – 2021. The sample selection used a purposive sampling method based on certain criteria that were adjusted to the objectives of the research problem. The number of samples used in this study as many as 15 of 80 companies. The data analysis technique used in this study is Multiple Linear Regression Analysis with the SPSS version 19 program tool. The results of this study indicate that Profitability and Liquidity have a negatif and significant effect on capital structure. Growth Opportunity has a positif and significant effect on the capital structure. Meanwhile, asset structure has no significant effect on capital structure.
References
I. Kusna and E. Setijani, “Analisis pengaruh kinerja keuangan, growth opportunity dan ukuran perusahaan terhadap struktur modal dan nilai perusahaan,” J. Manaj. Dan Kewirausahaan, vol. 6, no. 1, pp. 93–102, 2018, doi: 10.26905/jmdk.v6i1.2155.
T. R. Suganda, Event Study Teori dan Pembahasan Reaksi Pasar Modal Indonesia, Pertama., vol. 53, no. 9. Malang - Jawa Timur, 2018. doi: 10.31227/osf.io/zbqm7.
B. Puspitawati and A. Fitria, “Pengaruh managerial ownership, operating leverage , dan growth opportunity terhadap struktur modal,” J. Ilmu Dan Ris. Manaj., vol. 10, no. 2, pp. 1–16, 2020, [Online]. Available: http://repository.stiesia.ac.id/id/eprint/3840
Mustafa, Manajemen Keuangan. Yogyakarta, 2017. [Online]. Available: http://repository.universitasbumigora.ac.id/858/7/Prof. Dr. H. Mustafa SE.%2C MM.pdf
H. A. Shiddigie and S. Priyanto, “Pengaruh manajemen modal kerja dan likuiditas terhadap profitabilitas,” J. Akuntansi, Ekon. dan Manaj., vol. 1, no. 1, pp. 106–112, 2021, doi: https://doi.org/10.55606/jaem.v1i1.303.
W. W. Hidayat, Dasar-dasar analisa laporan keuangan. 2018. [Online]. Available: http://repository.ubharajaya.ac.id/5964/1/BUKU-ANALISALAPORANKEUANGAN.pdf
S. K. Asnawi and C. Wijaya, Finon (finance for non finance) manajemen keuangan untuk non keuangan, 1st ed. Jakarta: Raja Grafindo, 2015.
S. Priyanto, “Pengaruh Asset Growth , Leverage dan Earning Variability Terhadap Beta Saham Pada Perusahaan Jakarta Islamic Indeks Di Bursa Efek Indonesia,” vol. 6, no. 1, pp. 44–62, 2017, [Online]. Available: https://journal.budiluhur.ac.id/index.php/ema/article/view/337/281
E. Ellyana and H. Ruslim, “Struktur modal perusahaan property dan real estate,” J. Manajerial Dan Kewirausahaan, vol. 4, no. 1, pp. 70–78, 2022, doi: 10.24912/jmk.v4i1.17168.
S. R. Dara and M. Mariah, “Faktor-faktor yang mempengaruhi struktur modal pada perusahaan subsektor property dan real estate yang terdaftar di bursa efek indonesia,” J. Ris. Manaj. dan Bisnis Fak. Ekon. UNIAT, vol. 3, no. 3, pp. 423–430, 2018, doi: 10.36226/jrmb.v3i3.160.
G. A. P. I. Aspari and I. M. Dana, “pengaruh profitabilitas, struktur aktiva dan size terhadap struktur modal pada perusahaan baarang konsumsi di bei,” E-Jurnal Manaj. Unud, vol. 7, no. 12, pp. 6842–6871, 2018, doi: https://doi.org/10.24843/EJMUNUD.2018.v7.i12.p17.
D. N. Muslimah, S. Suhendro, and E. Masitoh, “Faktor-Faktor yang Mempengaruhi Struktur Modal pada Perusahaan Property dan Real Estate yang Terdaftar di BEI,” J. Ilm. Univ. Batanghari Jambi, vol. 20, no. 1, p. 195, 2020, doi: 10.33087/jiubj.v20i1.821.
N. N. Paramitha and I. N. Wijana Asmara Putra, “Pengaruh Struktur Aktiva, Likuiditas, Pertumbuhan Penjualan dan Risiko Bisnis terhadap Struktur Modal,” E-Jurnal Akunt., vol. 30, no. 11, p. 2753, 2020, doi: 10.24843/eja.2020.v30.i11.p04.
K. Komalasari, D. Lestari, and M. Fathony, “Pengaruh Eps, Roe, Growth Opportunity Dan Ukuran Perusahaan Terhadap Struktur Modal Pada Perusahaan,” AKURASI J. Ris. Akunt. dan Keuang., vol. 2, no. 2, pp. 75–84, 2020, doi: 10.36407/akurasi.v2i2.183.
E. Wijaya and Jessica, “Analysis of effect of structure of assets, its size, profitabiilty, growth opportunities, tangibility, business risks and capital structure liquidity against sector companies in the property & real estate listed in indonesia stock exchange in 2011-2015,” Procur. J. Ilm. Manaj., vol. 5, no. 4, pp. 440–451, 2017.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2022 Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
