PENGARUH RASIO PROFITABILITAS DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR SEKTOR ANEKA INDUSTRI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2015-2019

Abstract

This study aims to examine and analyze the effect of profitability rations and firm  size on capital structure in various industrial sector manufacturing companies listed on the Indonesia stock exchange, The period used in this study is 5 years, starting from 2015-2019. Determinations of the sample used in this research is by purposive sampling technique totaling 14 companies and the data used is sourced from the annual report of manufacturing companies in the various industrial sectors at www.idx.co.id. The type of data used in this study is secondary data obtained from annual financial statements. The independent variabels in this study are profitability and firm size, while the dependent variable is the capital structure. The results of the analysis that have been carried out show that (1) Profitability as proxied by return on assets (ROA) partially has a negative and significant effect on capital structure, (2)Company size partially has a positive and significant effect on capital structure, (3) Profitability and company size simultaneously affects the capital structure