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