INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE
Vol. 2 No. 2 (2024): February

THE EFFECT OF LIQUIDITY AND SALES GROWTH ON CAPITAL STRUCTURE WITH PROFITABILITY AS A MODERATING VARIABLE

Edi Supriyono (Unknown)
Chantika Putri, Novita (Unknown)



Article Info

Publish Date
22 Jan 2024

Abstract

This study aims to test and analyze the influence of liquidity and sales growth on capital structure with profitability as a moderating variable. The research object used in this study is a manufacturing companies listed in the Indonesia Stock Exchange period 2018-2022. The number of samples selected using the purposive sampling method was 394 data from 160 companies. This study used Moderated Regression Analysis (MRA) supported by Eviews 12 software. Based on the result of the study, it was found that liquidity has a significant negative effect on capital structure, sales growth has a significant positive effect on capital structure, profitability cannot moderate the effect of liquidity on capital structure, and profitability cannot moderate the effect of sales growth on capital structure.

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Journal Info

Abbrev

ijle

Publisher

Subject

Economics, Econometrics & Finance

Description

INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE) is a scientific journal that publishes articles in the Business field includes conceptual ideas in the fields of Economics, Accounting, Management, business. The scopes are Human Resource Management, Marketing Management, Financial Management, ...