The Effect of Current Ratio, Net Profit Margin, Company Size and Assets Structure on Capital Structure in Basic and Chemical Industrial Companies Listed On the Indonesia Stock Exchange for the 2016-2019 Period

##plugins.themes.academic_pro.article.main##

Ryan Thamrin
Mariska Sisilia

Abstract

The basic and chemical industries that are experiencing growth cannot be separated from the capital structure. The purpose of this study was to determine the effect of the current ratio, net profit margin, company size and asset structure on the capital structure of basic and chemical industrial companies listed on the Indonesia Stock Exchange for the 2016-2019 period. A quantitative approach that processes statistical data using multiple linear regression. This type of quantitative research is a causal relationship. The population of this study is 100 basic and chemical industry companies listed on the Indonesia Stock Exchange for the 2016-2019 period.The research sample is 25Company. The result is that the current ratio affects the capital structure of basic and chemical industrial companies listed on the Indonesia Stock Exchange for the 2016-2019 period. The net profit margin has no effect on the capital structure of basic and chemical industrial companies listed on the Indonesia Stock Exchange for the 2016-2019 period. Company size affects the capital structure of basic and chemical industrial companies listed on the Indonesia Stock Exchange for the 2016-2019 period. Asset structure affects the capital structure of basic and chemical industrial companies listed on the Indonesia Stock Exchange for the 2016-2019 period. Current ratio, net profit margin, company size and asset structure affect the capital structure of basic and chemical industrial companies listed on the Indonesia Stock Exchange for the 2016-2019 period.

##plugins.themes.academic_pro.article.details##

How to Cite
Thamrin, R., & Sisilia, M. (2021). The Effect of Current Ratio, Net Profit Margin, Company Size and Assets Structure on Capital Structure in Basic and Chemical Industrial Companies Listed On the Indonesia Stock Exchange for the 2016-2019 Period. Enrichment : Journal of Management, 12(1), 572-582. Retrieved from https://enrichment.iocspublisher.org/index.php/enrichment/article/view/281

References

Agustini dan Budiyanti. 2015. Pengaruh Struktur Aktiva, Profitabilitas Dan Ukuran Perusahaan Terhadap Struktur Modal pada perusahaan Makanan dan Minuman. Jurnal Ilmu dan Riset Manajemen. Volume 4, Nomor 8, Agustus 2015. Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya.
Ghozali, Imam. 2018. Aplikasi Analisis Multivariate Dengan Program IBM SPSS 25. Jakarta : Penerbit Universitas Diponegoro
Halim, Abdul. 2015. Manajemen Keuangan Bisnis Konsep dan Aplikasinya. Jakarta : Penerbit Mitra Wacana Media
Herlambang, Susatyo dan Marwoto, Bambang Heru. 2014. Pengantar Ilmu Bisnis Cara Mudah Memahami Ilmu Bisnis. Cetakan Pertama. Yogyakarta : Penerbit Parama Publishing.
Hery. 2017. Kajian Riset Akuntansi Mengulas Berbagai Hasil Penelitian Terkini Dalam Bidang Akuntansi dan Keuangan. Jakarta : Penerbit PT Grasindo.
Hudan, Isynuwardhana dan Triyanto. 2018. Pengaruh Profitabilitas, Likuiditas Dan Ukuran Perusahaan Terhadap Struktur Modal(Studi Pada Perusahaan Pertambangan Sektor Batubara Yang Terdaftar Di Bursa Efek Indonesia Tahun 2011-2015). e-Proceeding of Management : Vol.3, No.2 Agustus 2016. Universitas Telkom.
Kamaludin & Indriani, Rini. 2018. Manajemen Keuangan. Penerbit CV. Mandar Maju. Bandung.
Kartika, Andi. 2016. Pengaruh Profitabilitas, Struktur Aset, Pertumbuhan Penjualan Dan Ukuran Perusahaan Terhadap Struktur Modal Perusahaan Manufaktur Di Bursa Efek Indonesia. Infokam Nomor I Th. XII/MARET/ 2016.
Kasmir. 2014. .Analisis Laporan Keuangan. Cetakan Keempat.Jakarta : Penerbit Rajagrafindo Persada.
Rodoni, Ahmad & Ali, Herni. 2014. Manajemen Keuangan Modern. Jakarta : Penerbit Mitra Wacana Media.
Sanusi, Anwar. 2014. Metodologi Penelitian Bisnis. Jakarta : Penerbit Salemba Empat.
Sawir, Agnes. 2015. Analisis Kinerja Keuangan dan Perencanaan Keuangan Perusahaan. Jakarta : Penerbit PT Gramedia Pustaka Utama.
Siregar, Hasrul dan Muhammad Fahmi. 2018. Analisis Struktur Aktiva, Net Profit Margin,Dan Current Ratio Terhadap Capital Structure Pada Perusahaan Go Publik Di Bursa Efek Indonesia. Jurnal Bisnis STIE IBBI. ISSN 1858-3199. Medan : Sekolah Tinggi Ilmu Ekonomi IBBI.
Sitanggang. 2013. Manajemen Keuangan Perusahaan Lanjutan. Jakarta : Penerbit Mitra Wacana Media.
Sugiyono. 2014. Metode Penelitian Manajemen. Bandung : Alfabeta.
Widati, Listyorini Wahyu dan Siti Nafisah. 2017. Analisis Pengaruh Struktur Aset, Risiko Bisnis, Pajak Dan Likuiditas Terhadap Keputusan Pendanaan Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Dinamika Akuntansi, Keuangan dan Perbankan, Mei 2017, Hal: 19- 27. Universitas Stikubank Semarang.
Zuhro, Fatimatuz dan Suwitho. 2016. Pengaruh Ukuran Perusahaan, Pertumbuhan Aset, Dan Profitabilitas Terhadap Struktur Modal. Jurnal Ilmu dan Riset Manajemen : Volume 5, Nomor 5, Mei 2016. Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya.
www.kontan.co.id, 23 Desember 2018