FACTORS AFFECTING CAPITAL STRUCTURE ON REGIONAL COMPANY OF BKK RURAL BANKS IN SUKOHARJO REGENCY

Authors

  • Hadi Samanto STIE AAS Surakarta, Indonesia, Indonesia

DOI:

https://doi.org/10.29040/ijebar.v1i01.263

Abstract

The analysis result shows that sales positively affect the capital structure, it means that more sales increase is financed by debt. The asset structure does not positively affect the capital structure, it means that additional current assets are more financed from debt.Profitability has no negative effect on capital structure, it means that profits earned by the company can be partially replanted into the company to increase their own capital. Growth does not negatively affect the capital structure, it means a declining growth rate from year to year due to limited own capital, so asset growth is still financed by debt.Based on the F tests, it shows the sales, asset structure, profitability, growth affects the capital structure simultaneously. Coefficient of determination R², Adjusted R Square value is obtained which shows sales, asset structure, profitability, and growth can explain the structure of capital, the remainder is explained by the residual variable or outside of this study. Keywords: sales, asset structure, profitability, growth, and regression linear multiple.

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Published

2017-09-30

How to Cite

Samanto, H. (2017). FACTORS AFFECTING CAPITAL STRUCTURE ON REGIONAL COMPANY OF BKK RURAL BANKS IN SUKOHARJO REGENCY. International Journal of Economics, Business and Accounting Research (IJEBAR), 1(01). https://doi.org/10.29040/ijebar.v1i01.263

Issue

Vol. 1 No. 01 (2017): IJEBAR, VOL. 01, ISSUE 01, September 2017

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Articles

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