Aufa, Alhiqni Raya
Unknown Affiliation

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

PENGARUH SALES GROWTH, LIQUIDITY, FIRM SIZE, DAN PROFITABILITY TERHADAP CAPITAL STRUCTURE DENGAN TANGIBLE ASSET SEBAGAI VARIABEL KONTROL (Studi pada Perusahaan Consumer Goods yang Terdaftar di Bursa Efek Indonesia Periode 2016-2020) Aufa, Alhiqni Raya; Wahyudi, Sugeng
Diponegoro Journal of Management Volume 13, Nomor 2, Tahun 2024
Publisher : Faculty of Economics and Business Diponegoro University

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

ABSTRACT This study was conducted to analyze the effect of sales growth, liquidity, firm size, and profitability as independent variables on capital structure as a dependent variable, and tangible assets as a control variable. The sampling method used was the purposive sampling technique. The number of samples used was 28 consumer goods companies listed on the IDX in 2016-2020. Testing the hypothesis of this study using multiple linear regression with the IBM SPSS Statistics 25. The results showed that the variable sales growth had an insignificant negative effect on the debt-to-equity ratio variable. The variable current ratio and return on assets has a significant negative effect on the variable debt to equity ratio. The firm size variable has a significant positive effect on the debt-to-equity ratio variable. As a control variable, tangible asset has a good function in controlling the effect of independent variables on dependent variable