IQTISHADUNA: Jurnal Ilmiah Ekonomi Kita
Vol 10 No 2 (2021): IQTISHADUNA: Jurnal Ilmiah Ekonomi Kita - December

Determinan Struktur Modal Pada Perusahaan Yang Terdaftar Di Jakarta Islamic Index

Yogi Saputra (Universitas Muhammadiyah Prof. Dr. Hamka, Jakarta, Indonesia)
Ummu Salma Al-Azizah (Universitas Muhammadiyah Prof. Dr. Hamka, Jakarta, Indonesia)
Yadi Nurhayadi (Universitas Muhammadiyah Prof. Dr. Hamka, Jakarta, Indonesia)



Article Info

Publish Date
17 Dec 2021

Abstract

This study aimed to analyze the factors that influence the capital structure of companies listed on the Jakarta Islamic Index (JII). These factors consist of company size, return on assets (ROA), return on equity (ROE), inflation, and growth in the gross domestic product (GDP). This research is quantitative research with a purposive sampling method and obtained a sample of 9 companies. The data used is secondary data in financial reports on companies registered with JII in 2015-2019. Data analysis using the multiple linear regression method. The results showed that ROA had a significant adverse effect on the capital structure, ROE has a significant positive effect on the capital structure, firm size does not affect the capital structure, inflation does not affect the capital structure, GDP growth does not affect the capital structure. Simultaneously, firm size, ROA, ROE, inflation, and GDP growth significantly affect the capital structure.

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Journal Info

Abbrev

iqtishaduna

Publisher

Subject

Economics, Econometrics & Finance

Description

IQTISHADUNA: Jurnal Ilmiah Ekonomi Kita was published in print and online by LPPM ISNJ Bengkalis. IQTISHADUNA is expected to be able to add economic insights, especially Islamic economics for academics, practitioners, researchers, policymakers (regulators), and other parties who are interested in ...