DETERMINANT OF CAPITAL STRUCTURE
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Abstract
The capital market is an economic instrument which is a pillar for the public to invest as a source of financing for Indonesian companies. In connection with the capital market as a means for companies to get funds from investors. With sufficient funds the company can improve its performance. This research was conducted with the aim to find out partially and simultaneously about the analysis of factors affecting the capital structure (in the manufacturing companies in the consumer goods industry sectors listed on the Indonesia Stock Exchange for the period 2016-2017). This research uses a quantitative approach using secondary data. The research sample was 58 manufacturing companies and analyzed using SPSS. Testing the hypothesis used is a statistical test partially (t test) and simultaneously (F test). The results showed that the Assets Structure variable and Profitability partial effect on the capital structure. Variable companies size no partial influential to structure in capital. Simultaneous variable test results Asset Structure, Profitability, Firm size simultaneously influence the capital structure.
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References
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