PENGARUH PROFITABILITAS, LIKUIDITAS DAN RISIKO BISNIS TERHADAP STRUKTUR MODAL PADA PERUSAHAAN TEKSTIL DAN GARMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014-2018

Authors

  • Emilia Desi Listyaningsih Universitas Airlangga Surabaya
  • Rif'atul Fitriyah Universitas Airlangga Surabaya
  • Tri Ratnawati Universitas 17 Agustus 1945 Surabaya

DOI:

https://doi.org/10.30996/jea17.v5i1.4105

Keywords:

Keywords, Profitability, Liquidity, Business Risk and Capital Structure.

Abstract

ABSTRACTIndonesia is famous for its natural wealth with a variety of agricultural, plantation, mining, and forestry products. It is undeniable that many industries in Indonesia explore these fields, one of which is the growing textile industry. The purpose of this research is to test the influence of profitability, liquidity and business risk to the capital structure at textile companies which are listed in Indonesia Stock Exchange from 2014-2018. The multiple regressions analysis had been performed by using WarpPLS. The results of this study indicate that business risk affects the capital structure, while the profitability and liquidity variables do not affect capital structure with p-values 0.202 (profitability) and 0.235 (liquidity).

 

 

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Published

2020-09-02

Issue

Vol. 5 No. 1 (2020): April

Section

Articles

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