EFFECT OF PROFITABILITY, AND SALES GROWTH, WITH THE CONTROL VARIABLE ASSET STRUCTURE ON CAPITAL STRUCTURE IN VARIOUS INDUSTRY SECTORS LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE PERIOD 2014-2018

Authors

  • Vincentia Wahju Widajatun
  • Karlina Fitrahelsia Suhenri

Abstract

The goal of this study is to decide if the Asset Structure control variable has a major impact on
the capital structure on profitability and sales growth. This type of research is explanatory
research with a quantitative approach method. The data in this analysis are secondary data
obtained through the website of the Indonesia Stock Exchange and the website of the Indonesia
Finance Market: Indonesia Stock Exchange. All the various industries sector companies listed
on the Indonesia Stock Exchange for the period 2014-2018 were the population in this study.
Although the sample for this analysis was determined by the purposeful method of sampling
in which 23 companies were chosen. Documentation analysis and literature study were the data
collection methods used. The analysis technique used is descriptive statistical analysis, panel
data regression, classical assumption test, and hypothesis testing. The results showed that there
was a simultaneous influence on the variable profitability and sales growth, as well as the
control variable of asset structure on capital structure. Although the study results partly
indicate. Although earnings growth does, this profitability does not have a major effect on the
capital structure and the control variable asset structure has a negative and significant impact
on the capital structure.

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Published

2021-01-11

How to Cite

Vincentia Wahju Widajatun, & Karlina Fitrahelsia Suhenri. (2021). EFFECT OF PROFITABILITY, AND SALES GROWTH, WITH THE CONTROL VARIABLE ASSET STRUCTURE ON CAPITAL STRUCTURE IN VARIOUS INDUSTRY SECTORS LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE PERIOD 2014-2018. PalArch’s Journal of Archaeology of Egypt / Egyptology, 17(10), 3122-3130. Retrieved from https://www.archives.palarch.nl/index.php/jae/article/view/5448