As-Syirkah: Islamic Economic & Financial Journal
Vol. 2 No. 1 (2023): As-Syirkah: Islamic Economic & Financial Journal 

Pengaruh Profitabilitas, Resiko Bisnis dan Pertumbuhan Penjualan terhadap Struktur Modal pada Perusahaan Property dan Real Estate  di BEI 2016 – 2020

Brona, Areza Marta (Unknown)
Rinofah, Risal (Unknown)
Sari, Pristin Prima (Unknown)



Article Info

Publish Date
24 Jun 2025

Abstract

Capital structure is a comparison between foreign capital and own capital. In principle, the company needs funding both from outside which is debt and from within which is joint capital, therefore the company must determine and compile how much capital the company must need. This study aims to analyze the effect of profitability, business risk and sales growth on the capital structure of property and real estate companies listed on the Indonesia Stock Exchange for the period  2016-2020 partially and simultaneously. This study uses quantitative data types obtained from secondary data with sample data collection techniques through purposive sampling method. This research method uses descriptive method with data analysis tool using multiple linear regression method. The results of this study indicate that profitability as proxied by ROE has an insignificant negative effect on capital structure, business risk has a significant negative effect on capital structure and sales growth has an insignificant negative effect on capital structure. Meanwhile, simultaneously (together) profitability, business risk and sales growth affect the capital structure of property and real estate companies listed on the Indonesia Stock Exchange for the period 2016-2020.

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Journal Info

Abbrev

assyirkah

Publisher

Subject

Religion Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Other

Description

As-Syirkah: Islamic Economic & Financial Journal is a scientific journal published by Ikatan Dai Indonesia (IKADI) in collaboration with Masyarakat Ekonomi Syariah (MES) and Intellectual Association for Islamic Studies (IAFORIS). This journal contains scientific papers from academics, researchers ...