Pengaruh Profitabilitas, Struktur Aset, Likuiditas, Dan Pertumbuhan Penjualan Terhadap Struktur Modal Perusahaan Makanan Dan Minuman

Gunadhi, Gede Bagus Dwiputra; Putra, I Made Pande Dwiana

doi:10.24843/eja.2019.v28.i01.p25

Cited by 7 publications

(15 citation statements)

References 1 publication

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Based on this description, it can be concluded that the higher the growth rate of the company, the higher the level of debt utilization by the company. This statement is strengthened by an empirical study of the effect of sales growth on capital structure as conducted by (Gunadhi & Putra, 2019) which shows that sales growth has a positive effect on capital structure. Based on a number of supporting results, the following hypothesis is formulated: H3: Sales growth affects the capital structure.…”

Section: The Effect Of Sales Growth (X3) On Capital Structurementioning

confidence: 98%

“…The company's capital structure will change depending on the development of the company's sales level. Previous empirical evidence (Gunadhi & Putra, 2019) states that the results of Sales Growth have a positive effect on capital structure, while the results of research conducted by (Yudiandari, 2018) show that the results of Sales Growth have a negative effect on capital structure. And (Wijaya & Utama, 2014) show that sales growth results have no effect on capital structure.…”

Section: Introductionmentioning

confidence: 95%

See 1 more Smart Citation

Effect of Profitability, Liquidity, Sales Growth, Business Risk, and Asset Structure on Capital Structure

Hakim

Apriliani

2020

JAA

View full text Add to dashboard Cite

Tujuan dari penelitian ini untuk mengetahui pengaruh Profitabilitas, Likuiditas, Pertumbuhan Penjualan Risiko Bisnis, Struktur Aktiva terhadap Harga Saham pada perusahaan sektor Industri dasar dan Kimia yang Terdaftar di Bursa Efek Indonesia (BEI). Periode waktu penelitian yang digunakan adalah 3 tahun yaitu 2016-2018. Populasi penelitian ini meliputi seluruh perusahaan Industri dasar dan Kimia yang terdaftar di Bursa Efek Indonesia (BEI) periode 2016-2018. Teknik pengambilan sampel menggunakan teknik purposive sampling. Berdasarkan teknik yang telah ditetapkan diperoleh 27 perusahaan. Jenis data yang digunakan adalah data sekunder yang diperoleh dari situs Bursa Efek Indonesia. Metode analisis yang digunakan adalah analisis regresi data panel. Hasil penelitian menunjukan bahwa secara parsial profitabilitas (ROA) dan pertumbuhan penjualan berpengaruh positif terhadap struktur modal. Risiko Bisnis dan Struktur Aktiva berpengaruh negatif terhadap struktur modal. Sedangkan likuiditas tidak berpengaruh terhadap struktur modal.

show abstract

Section: The Effect Of Sales Growth (X3) On Capital Structurementioning

confidence: 98%

Section: Introductionmentioning

confidence: 95%

Effect of Profitability, Liquidity, Sales Growth, Business Risk, and Asset Structure on Capital Structure

Hakim

Apriliani

2020

JAA

View full text Add to dashboard Cite

show abstract

“…Dengan adanya aset atau aktiva yang besar apabila perusahaan lalai dalam pembayaran hutangnya maka asset tersebut dapat mejadikan jaminan bagi kreditur. Dari hasil penelitian (Gunadhi & Putra, 2019) dan (Ahmad, 2017) menunjukan struktur aset memiliki pengaruh positif signifikan terhadap struktur modal. Sementara itu, berdasarkan penelitian (Tiara & Isnurhadi, 2018) dan (Dewi & Fachrurrozie, 2021) membuktikan struktur aset memiliki pengaruh negatif signifikan terhadap struktur modal.…”

Section: Pendahuluanunclassified

“…Jadi inilah yang membuat hubungan negatif antara likuiditas dan struktur modal. Penelitian ini mendukung temuan sebelumnya dari (Umam & Mahfud, 2016) dan (Gunadhi & Putra, 2019) bahwa likuiditas memiliki pengaruh negatif dan signifikan terhadap struktur modal.…”

Section: Non-debt Tax Shieldunclassified

“…Sebab aktiva tetap miliki perusahaan bisa berguna sebagai agunan. Sesuai dengan trade-off theory bahwa perusahaan yang memiliki aset tetap yang tinggi dapat dijadikan jaminan untuk hutang (Septiani & Suaryana, 2018)Penelitian ini mendukung temuan sebelumnya dari (Gunadhi & Putra, 2019) dan (Ahmad, 2017) bahwa variabel struktur aset berpengaruh positif signifikan terhadap struktur modal.…”

Section: Pengaruh Struktur Aset Terhadap Struktur Modalunclassified

See 1 more Smart Citation

Profitabilitas menjadi pemediasi untuk variabel yang mempengaruhi struktur modal (Studi pada Bank Umum Syariah di Indonesia periode 2016-2020)

Lestari

2021

J-EBIS

View full text Add to dashboard Cite

The purpose of this study is to find out and analyze whether there is an Influence of Liquidity, Growth Opportunity, Asset Structure, and Non Debt Tax Shield on Capital Structure with Profitability as an Intervening Variable in Islamic Commercial Banks Registered at OJK 2016-2020 ". This research is a quantitative research using data sources derived from secondary data, namely the annual report. The sampling technique used in this research is purposive sampling technique. Of the 14 Islamic commercial banks registered with the OJK, only 11 are in accordance with the sample criteria in this study. This study uses the Eviews 9 application as a tool for data processing. The analytical methods used in this research are stationarity test, panel data regression model test, classical assumption test, regression test, and path analysis test. The results obtained in this study are liquidity has a significant negative effect on capital structure. Growth opportunity and asset structure have a significant positive effect on capital structure. Meanwhile, the non-debt tax shield and profitability variables have no significant positive effect on capital structure. Liquidity has no significant negative effect on profitability, growth opportunity has no significant positive effect on profitability. Asset structure has a significant positive effect on profitability, while non-debt tax shield has a significant negative effect on capital structure. From the results of the path analysis conducted in this study, profitability was not able to mediate the variables of liquidity, growth opportunity, and non-debt tax shield on capital structure, but for the asset structure variable profitability was able to mediate the influence of asset structure on capital structure.

show abstract

Effect of Financial Performance, Business Risk, and Sales Growth on Capital Structure

Cahya¹,

Putri²,

Pangesti³

et al. 2021

jrbm

View full text Add to dashboard Cite

The purpose of this study was to determine the effect of financial performance, business risk, and sales growth on capital structure. The population in this study was 1 (one) Micro, Small and Medium Enterprises (UMKM) Lanthing batik fashion craft in Gunting village, Gilangharjo, Pandak sub-district, Bantul regency. The type of research used in this research is descriptive research using a quantitative approach. Types and sources of data obtained from primary data from UMKM Batik Lanthing with interview data collection techniques, documentation, and observations. The analysis technique used in this study is multiple linear regression analysis, t test, and F test. The results of this study indicate that the financial performance, the business risk variable does not have a significant effect on the capital structure, and the sales growth variable has a significant effect on the capital structure. It can be concluded that the variables of financial performance, business risk, and sales growth together have a significant effect on the capital structure.

show abstract

Pengaruh Profitabilitas, Struktur Aset, Likuiditas, Dan Pertumbuhan Penjualan Terhadap Struktur Modal Perusahaan Makanan Dan Minuman

Cited by 7 publications

References 1 publication

Effect of Profitability, Liquidity, Sales Growth, Business Risk, and Asset Structure on Capital Structure

Effect of Profitability, Liquidity, Sales Growth, Business Risk, and Asset Structure on Capital Structure

Profitabilitas menjadi pemediasi untuk variabel yang mempengaruhi struktur modal (Studi pada Bank Umum Syariah di Indonesia periode 2016-2020)

Effect of Financial Performance, Business Risk, and Sales Growth on Capital Structure

Contact Info

Product

Resources

About