Capital Structure with Company Size as a Moderating Variable in Food and Beverage Companies on the Indonesia Stock Exchange

Puteri Rafika Nur Alyaa (Department of Management, Faculty of Economics and Business, Universitas Pembangunan Veteran East Java)
Dhani Ichsanuddin Nur (Department of Management, Faculty of Economics and Business, Universitas Pembangunan Veteran East Java)

Jurnal Ekonomi dan Bisnis Digital (MINISTAL)
Vol. 2 No. 3 (2023): August 2023

The purpose of this research is to identify and analyse the relationship between business size and capital structure in the food and beverage industry in Indonesian public firms listed on the Indonesia Stock Exchange in the years 2028-2021. Three factors profitability, liquidity, and asset structure are evaluated here, with a moderating variable, namely company size. 28 food and beverage companies were sampled in this study using method of selecting samples on purpose. Two types of regression analysis, multiple and moderated, are used in this investigation. The findings of this research show that capital structure is influenced by profitability, liquidity, and asset structure, and that the impact of these factors is tempered by firm size.