Pengaruh Ukuran Perusahaan, Profitabilitas, Dan Pertumbuhan Penjualan Terhadap Struktur Modal Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia

Abstract

This study aims to determine the effect of intellectual capital or value added intellectual coeficient on market value and financial performance of companies listed in Indonesia Stock Exchange (BEI) in 2012-2016. This study uses a quantitative approach. Sampling research using purposive sampling method that get the results of 300 samples of manufacturing companies and data used is panel data. The results of this study indicate that size and sales growth has an effect on capital structure but profitability have effect negative on capital structure and simultaneously size, profitability and sales growth have effect on capital structure.