The Influence of Profitability, Asset Tangibility, Growth, and Non Debt Tax Shield on Capital Structure in Manufacture Companies Listed in Indonesian Stock Exchange

Christina V. Situmorang, Arthur Simanjuntak

2018

Abstract

The objective of the research was to examine the influence of Profitability, Asset Tangibility, Growth, and Non Debt Tax Shield on Capital Structure in manufacture companies listed in BEI (Indonesia Stock Market) in the period of 2012-2016. The research used causal research method. The population was 136 manufacture companies listed in BEI in the period of 2012-2016, and 85 of them were used as the samples, taken by using purposive sampling technique. The data were analyzed by using path analysis. The result of the research showed that the variables of Profitability, Asset Tangibility, Growth, and Non Debt Tax Shield simultaneously had influence on Capital Structure. Partially, Profitability and Growth positive significant influence on Capital Structure. Asset Tangibility and Non Debt Tax Shield positive unsignificant influence on Capital Structure.

Paper Citation

in Harvard Style

Situmorang C. and Simanjuntak A. (2018). The Influence of Profitability, Asset Tangibility, Growth, and Non Debt Tax Shield on Capital Structure in Manufacture Companies Listed in Indonesian Stock Exchange.In Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES, ISBN 978-989-758-432-9, pages 1282-1288. DOI: 10.5220/0009508312821288

in Bibtex Style

@conference{unicees18,
author={Christina V. Situmorang and Arthur Simanjuntak},
title={The Influence of Profitability, Asset Tangibility, Growth, and Non Debt Tax Shield on Capital Structure in Manufacture Companies Listed in Indonesian Stock Exchange},
booktitle={Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,},
year={2018},
pages={1282-1288},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009508312821288},
isbn={978-989-758-432-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st Unimed International Conference on Economics Education and Social Science - Volume 1: UNICEES,
TI - The Influence of Profitability, Asset Tangibility, Growth, and Non Debt Tax Shield on Capital Structure in Manufacture Companies Listed in Indonesian Stock Exchange
SN - 978-989-758-432-9
AU - Situmorang C.
AU - Simanjuntak A.
PY - 2018
SP - 1282
EP - 1288
DO - 10.5220/0009508312821288