The Effects of Profitability, Liquidity, Tangibility, Firm Size, and Asset Turnover on Capital Structure in Chemical Industry Listed on Indonesia Stock Exchange From 2014 to 2018

DOI

10.2991/aebmr.k.200626.068How to use a DOI?

Keywords

Financial Performance, Firm Size, Capital Structure

Abstract

The aim of this research was to analyze the effects of firm’s financial performance - profitability, liquidity, tangibility, asset turnover, and firm size on capital structure. Sample in this research is 8 out of 13 chemical companies which were listed on Indonesian Stock Exchange (IDX) for five consecutive years (2014 – 2018). This research used purposive sampling method and multiple regression to reveal the contribution of each independent variable to the dependent variable. The result of this research showed that profitability, liquidity, and tangibility had negative effect on capital structure, while the other two variables, firm size and asset turnover, did not affect capital structure.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Erika Jimena Arilyn
PY  - 2020
DA  - 2020/06/29
TI  - The Effects of Profitability, Liquidity, Tangibility, Firm Size, and Asset Turnover on Capital Structure in Chemical Industry Listed on Indonesia Stock Exchange From 2014 to 2018
BT  - Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR
PB  - Atlantis Press
SP  - 399
EP  - 404
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200626.068
DO  - 10.2991/aebmr.k.200626.068
ID  - Arilyn2020
ER  -