PENGARUH FAKTOR FUNDAMENTAL TERHADAP STRUKTUR MODAL (Studi pada Perusahaan Makanan dan Minuman yang Terdaftar di BEI Periode 2011-2015)

Abstract

This study aimed to determine the effect of the fundamental
variables of the company's capital structure included in the
group of Indonesian food and beverage from 2011 to 2015
period. This study used a population selected using selection
criteria and the population acquired 12 companies that
deserve to be the population. The research sample used all
companies included in the study population or sample
selection techniques using saturated sample. This type of
research is quantitative positivist approach because the
emphasis on testing theories through measurements of the
study variables with numbers and perform data analysis with
statistical procedures. The variables used in this study were
Profitability, Company’s Size, Sales Growth, and Structure
Assets.
The data calculation for fundamental variables was done by
selecting the components of the financial statements included
in the calculation formula. Testing continued with descriptive
and hypothesis testing using multiple linear regression
analysis in SPSS.
The results of this study indicated that the variable
profitability negatively affect the capital structure of food and
beverage companies in Indonesia, while the size of the
company has a positive effect on the capital structure of the
food and beverage company in Indonesia. Variable structure
asset and sales growth do not affect the capital structure of
food and beverage companies in Indonesia