Journal of Applied Business and Technology
Vol. 2 No. 3 (2021): Journal of Applied Business and Technology

DETERMINANTS OF PROFITABILITY AND CAPITAL STRUCTURE IN KOMPAS100 INDEX COMPANIES YEAR 2016-2020

Juniar Vina (Institut Bisnis dan Teknologi Pelita Indonesia)
Achmad Tavip Junaedi (Institut Bisnis dan Teknologi Pelita Indonesia)
Harry Patuan Panjaitan (Institut Bisnis dan Teknologi Pelita Indonesia)



Article Info

Publish Date
29 Sep 2021

Abstract

This study aims to analyze how the influence of Asset Growth, Asset Structure, Company Size, Business Risk, Non Debt Tax Shield on Capital Structure and Profitability. The sampling technique in this study was purposive sampling method with a population of 100 companies and a sample of 76 companies and the data analysis techniques used were Descriptive Analysis, Multicollinearity Test, Coefficient of Determination Test, Path Analysis. The Independent Variables are Capital Structure and Profitability. The results of this study indicate that asset growth has no effect on profitability, asset structure has a positive effect on profitability, firm size has a positive effect on profitability, business risk has no effect on profitability, asset growth has a negative effect on capital structure, asset structure has a positive effect on capital structure, size the company has no effect on capital structure, business risk has a positive effect on capital structure, Non Debt Tax Shield has a negative effect on capital structure, profitability has a negative effect on capital structure.

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Journal Info

Abbrev

JABT

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

JABT (Journal of Applied Business and Technology) is a media for exploration and discussion about Business Management and Technological problems arised in the society. It includes scientific articles in the form of research results, theory application, analytical studies, and literature studies on ...