CAPITAL STRUCTURE IMPACT OF COMPANY SIZE, ASSET STRUCTURE AND LIQUIDITY
Keywords:
Company Size, Asset Structure, LiquidityAbstract
This study aims to determine the effect of firm size, asset structure, and liquidity on capital structure. The sample of this research is manufacturing companies in the consumer goods sector listed on the Indonesia Stock Exchange for the 2015-2019 period. The method used in sampling is using purposive sampling method with a total sample of 30 companies. Hypothesis testing using multiple regression analysis. The results of the study simultaneously state that firm size, asset structure and liquidity have an effect on capital structure. The results of the study partially state that firm size and asset structure have a positive effect on capital structure, while liquidity has a negative effect on capital structure.
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