JRMSI - Jurnal Riset Manajemen Sains Indonesia
Vol. 7 No. 1 (2016): Jurnal Riset Manajemen Sains Indonesia

THE EFFECT OF PROFITABILITY, LIQUIDITY, GROWTH SALES, OPERATING LEVERAGE AND TANGIBILITY ON CAPITAL STRUCTURE (evidence from manufacture firm listed on Indonesia stock exchange in 2011- 2014)

Hamidah, Hamidah (Unknown)
Iswara, Diana (Unknown)
Mardiyati, Umi (Unknown)



Article Info

Publish Date
28 Apr 2016

Abstract

The purpose of this study is to know the effect of profitability, liquidity, sales growth, operating leverage and tangibility on capital structure: evidence from manufacture firm listed on Indonesia Stock Exchange in 2011-2014. The sample using in this study is 41 companies. The research model in this study employs panel data analysis (unbalanced panel) with fixed effect approach. The result show that profitability and liquidity have negative and significant effect on capital structure. Sales growth and operating leverage have positive but not significant effect on capital structure. Tangibility have negative and not significant effect on capital structure. Key words: Profitability, liquidity, sales growth, operating leverage, tangibility, capital structure, manufacture firm

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Journal Info

Abbrev

jrmsi

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Jurnal Riset Manajemen Sains Indonesia: JRMSI published since 2010. Registred with code of E-ISSN 2301-8313. JRMSI contains article related to the field of management, including financial management, marketing management, human resource management, strategic management, operations management, and ...