Jurnal Akuntansi
Vol. 23 No. 2 (2019): May 2019

Profitability Moderate The Effect Of Firm’s Characteristic On Capital Structure

Ceacilia Srimindarti (Faculty of Economics and Business, Universitas Stikubank, Semarang)
Firdaus DamasSeptio Ardiansyah (Faculty of Economics and Business, Universitas Stikubank, Semarang)
Pancawati Hardiningsih (Faculty of Economics and Business, Universitas Stikubank, Semarang)
Rachmawati Meita Oktaviani (Faculty of Economics and Business, Universitas Stikubank, Semarang)



Article Info

Publish Date
17 May 2019

Abstract

The objective of this study is to examine and analyze the influence of the asset structure and the company size on the capital structure with profitability as a moderating variable. Company managers must make an efficient comparison between internal and external capital to maximize the benefits. The populations of this study areproperty and real estate companies which were listed in Indonesia stock exchange. The sample selection use purposive sampling method. The criteria which used for sampling were: (1) publishing financial statement; (2) make a profit; (3) holding data on asset structure and profitability; (4) using rupiah. The analysis tool usedin this research is PLS. The result of this study showed that asset structure and company size had a positive influence on the capital structure. Profitability moderate the influence of asset structure on the capital structure, and moderate the influence of the company size on a capital structure.

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Journal Info

Abbrev

EJA

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Akuntansi [p-ISSN 1410-3591 | e-ISSN 2549-8800] is a peer-reviewed journal published three times a year (January, May, and September) by Faculty of Economics, Universitas Tarumanagara. Jurnal Akuntansi is intended to be the journal for publishing articles reporting the results of research on ...