Journal of Business & Banking
Vol 12, No 1 (2022): Mei - Oktober 2022

Determinan struktur modal dengan firm size sebagai variabel moderasi

Raihani Raihani (Universitas Hayam Wuruk Perbanas)
Agustinus Kismet Nugroho Jati (Universitas Hayam Wuruk Perbanas)



Article Info

Publish Date
31 Oct 2022

Abstract

This study aims to determine the effect of tangibility, growth, profitability, and liquidity either partially or simultaneously on the capital structure with firm size as a moderating variable in automotive & component companies. The number of populations are all of automotive & component companies which are listed in Indonesia Stock Exchange 2014-2020. Multiple regression analysis and moderated regression analysis (MRA) used as analysis techniques and Purposive sampling used as sampling method. The result of this study shows that partially growth has significant positive effect on capital structure, while tangibility, profitability, and liquidity has a significant negative effect on capital structure. However, firm size is not able to moderate the effect of tangibility, growth, profitability and liquidity on capital structure. . The implication of this research to regard tangibility, profitability, liquidity and growth, because it’s can affect capital structure.

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