The Effect of Liquidity, Asset Structure, Sales Stability, Profitability on Capital Structure in Various Industries Listed on the Indonesia Stock Exchange for the 2018–2021 Period

Authors

  • Siti Aisyah Nasution Universitas Prima Indonesia
  • Jessyn Ciawi Universitas Prima Indonesia
  • Mechell Tan Jaya Universitas Prima Indonesia
  • Wenny Anggeresia Ginting Universitas Prima Indonesia

Keywords:

liquidity;, asset structure;, sales stability;, profitability;, capital structure

Abstract

This internal capital structure is limited so that the company's management carries out an external capital structure derived from debt. This study aims to examine the Effect of Liquidity, Asset Structure, Sales Stability, Profitability on Capital Structure in Various Industries Listed on the IDX. Quantitative studies. Recorded data. 52 2018–2021. sample 16. MLRA is used. The results showed that liquidity had an impact on the capital structure of the IDX industry. IDX Asset Structure Impacts Capital Structure. IDX Capital Structure Does Not Impact Sales Stability. Profitability has an impact on IDX's capital structure. Liquidity, asset structure, sales stability, and profitability define the capital structure of the IDX industry

Published

2023-12-23

Issue

Vol. 2 No. 02 (2023): International Journal of Engineering Business and Social Science

Section

Articles
Copyright & Licensing

Copyright (c) 2023 Siti Aisyah Nasution, Jessyn Ciawi, Mechell Tan Jaya, Wenny Anggeresia Ginting

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