THE EFFECT OF NET PROFIT MARGIN, CURRENT RATIO, FIRM SIZE, BUSINESS RISK ON CAPITAL STRUCTURE

The purpose of this study is to examine and analyze the effect of net profit margin, current ratio, firm size, business risk on capital structure in basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. This study uses a quantitative research approach. The...

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Main Authors: Anzella Anzella, Cindy Audryana, Esmeralda Esmeralda, Firmansyah Mida
Format: Article
Language:English
Published: Departemen Akuntansi Fakultas Ekonomi dan Bisnis Universitas Airlangga 2020-04-01
Series:BAKI (Berkala Akuntansi dan Keuangan Indonesia)
Subjects:
Online Access:https://e-journal.unair.ac.id/BAKI/article/view/15463
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author Anzella Anzella
Cindy Audryana
Esmeralda Esmeralda
Firmansyah Mida
author_facet Anzella Anzella
Cindy Audryana
Esmeralda Esmeralda
Firmansyah Mida
author_sort Anzella Anzella
collection DOAJ
description The purpose of this study is to examine and analyze the effect of net profit margin, current ratio, firm size, business risk on capital structure in basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. This study uses a quantitative research approach. The type of research used is descriptive quantitative research. The nature of this research is cause and effect/causal research.The population of this study amounted to 67 basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. The number of research samples is 31 basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period with a sample of 124 observations. Data collection technique using documentation and research model is multiple linear regression. The results of this study are that the net profit margin has an effect and is not significant on the capital structure of basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. The current ratio has no significant effect on the capital structure of basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. Firm size has a significant and significant effect on the capital structure of basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. Business risk has an effect and is significant on the capital structure of basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. Net profit margin, current ratio, firm size, business risk have a significant and significant effect on the capital structure of basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017.
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spelling doaj.art-64b12c4cadc0438892baa7780566cf622022-12-21T17:21:59ZengDepartemen Akuntansi Fakultas Ekonomi dan Bisnis Universitas AirlanggaBAKI (Berkala Akuntansi dan Keuangan Indonesia)2459-95812460-44962020-04-0142294210.20473/baki.v4i2.154638950THE EFFECT OF NET PROFIT MARGIN, CURRENT RATIO, FIRM SIZE, BUSINESS RISK ON CAPITAL STRUCTUREAnzella Anzella0Cindy Audryana1Esmeralda Esmeralda2Firmansyah Mida3Prima Indonesia UniversityPrima Indonesia UniversityPrima Indonesia UniversityPrima Indonesia UniversityThe purpose of this study is to examine and analyze the effect of net profit margin, current ratio, firm size, business risk on capital structure in basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. This study uses a quantitative research approach. The type of research used is descriptive quantitative research. The nature of this research is cause and effect/causal research.The population of this study amounted to 67 basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. The number of research samples is 31 basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period with a sample of 124 observations. Data collection technique using documentation and research model is multiple linear regression. The results of this study are that the net profit margin has an effect and is not significant on the capital structure of basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. The current ratio has no significant effect on the capital structure of basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. Firm size has a significant and significant effect on the capital structure of basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. Business risk has an effect and is significant on the capital structure of basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017 period. Net profit margin, current ratio, firm size, business risk have a significant and significant effect on the capital structure of basic and chemical industrial companies on the Indonesia Stock Exchange for the 2014-2017.https://e-journal.unair.ac.id/BAKI/article/view/15463business riskcapital structurecurrent ratiofirm sizenet profit margin
spellingShingle Anzella Anzella
Cindy Audryana
Esmeralda Esmeralda
Firmansyah Mida
THE EFFECT OF NET PROFIT MARGIN, CURRENT RATIO, FIRM SIZE, BUSINESS RISK ON CAPITAL STRUCTURE
BAKI (Berkala Akuntansi dan Keuangan Indonesia)
business risk
capital structure
current ratio
firm size
net profit margin
title THE EFFECT OF NET PROFIT MARGIN, CURRENT RATIO, FIRM SIZE, BUSINESS RISK ON CAPITAL STRUCTURE
title_full THE EFFECT OF NET PROFIT MARGIN, CURRENT RATIO, FIRM SIZE, BUSINESS RISK ON CAPITAL STRUCTURE
title_fullStr THE EFFECT OF NET PROFIT MARGIN, CURRENT RATIO, FIRM SIZE, BUSINESS RISK ON CAPITAL STRUCTURE
title_full_unstemmed THE EFFECT OF NET PROFIT MARGIN, CURRENT RATIO, FIRM SIZE, BUSINESS RISK ON CAPITAL STRUCTURE
title_short THE EFFECT OF NET PROFIT MARGIN, CURRENT RATIO, FIRM SIZE, BUSINESS RISK ON CAPITAL STRUCTURE
title_sort effect of net profit margin current ratio firm size business risk on capital structure
topic business risk
capital structure
current ratio
firm size
net profit margin
url https://e-journal.unair.ac.id/BAKI/article/view/15463
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