THE ANALYSIS OF FACTORS AFFECTING THE CAPITAL STRUCTURE ON LISTED MINING COMPANIES IN INDONESIA STOCK EXCHANGE

Abstract

The objectives of this research are to examine the effect of Assets Growth,
Likuidity, Assets Structure, and Sales Growth influence simoultaneously and partially
on Capital Structure. Research conducted at mining companies that listed on Indonesia
Stock Exchange period 2012- 2015. The research population was 41 companies, with the
sample of 14 companies with sampling using purposive sampling technique. The
analytical method used is multiple linear regression analysis, which previously tested
with the classical assumption.
The result showed that the Assets Growth, Likuidity, Assets Structure and Sales
Growth influence simultaneous on the Capital Structure. The research also revealed
that, Assets Growth, Likuidity, Assets Structure and Sales Growth influence partially
negative significant on the Capital Strucuture. On the other hand, R-Square value
amnounted at 32.6%, its mean that 32,6% movement of Capital Structure can be
predicted from the movement of the four independent variables.
Keywords : capital structure, assets growth, likuidity, assets structure, sales growth