Image
10.33826/ijmras/v06i09.2

Effect of Company Size, Asset Growth, and Profitability Against the Capital Structure in Automotive Companies

Abstract

This study aims to determine the effect of company size, asset growth, and profitability variables on the capital structure of automotive companies on the Indonesia Stock Exchange for the 2016-2020 period. The sample in this study was 30 from 12 automotive companies listed on the Indonesia Stock Exchange and selected using purposive sampling. Linear regression analysis and significance tests are used to prove the hypothesis with the help of SPSS version 26. The research data used is data sourced from financial reports of automotive companies listed on the Indonesia Stock Exchange (BEI). The results of this study show that company size, asset growth, and profitability have no significant effect on capital structure.

Keywords
  • Company Size,
  • Asset Growth,
  • Profitability,
  • Capital Structure
References
  • Fajrida, S., & Purba, NMB (2020). The Influence of Profitability, Company Size and Asset Growth on Capital Structure in Companies on the Indonesian Stock Exchange. EMBA Journal: Journal of Economics, Management, Business and Accounting Research, 8(1), 627–636. https://ejournal.unsrat.ac.id/index.php/emba/article/view/28019/27481
  • Insiroh, L. (2014). The Influence of Profitability, Company Size, Asset Growth, and Asset Structure on Capital Structure. Journal of Management Sciences (JIM), 2(3), 979–990.
  • Lorenza, D., Kadir, MA, & Sjahruddin, H. (2020). The Influence of Capital Structure and Company Size on Profitability in Automotive Companies Listed on the Indonesian Stock Exchange. Journal of Management Economics, 6(1), 13–20. https://doi.org/10.37058/jem.v6i1.1544
  • Mayanti, ED (2020). The Effect of Liquidity, Capital Structure, and Working Capital Turnover on Profitability in Automotive Companies. Journal of Science and Research…, 9(2), 1–17. http://jurnalmahasiswa.stiesia.ac.id/index.php/jirm/article/view/2976
  • MB, F.Z. (2016). Effect of Company Size, Asset Growth, and Profitability on Capital Structure. Journal of Elementary School Teacher Education Research, 6(August), 128.
  • Prastika, NPY, & Candradewi, MR (2019). The Influence of Profitability, Asset Structure, and Liquidity on the Capital Structure of Building Construction Subsector Companies in Bei. Udayana University Management E-Journal, 8(7), 4444. https://doi.org/10.24843/ejmunud.2019.v08.i07.p16
  • Rahayu, AS (2021). The Influence of Tax Minimization, Company Size and Tunneling Incentive on Transfer Pricing Decisions (Study of Manufacturing Companies in the Mining Sub Sector Listed on the Indonesian Stock Exchange). Journal of Economics, 1–52.
  • Sari, AN (2016). The Influence of Profitability, Liquidity, Asset Growth and Company Size on the Capital Structure of Automotive Companies Listed on the Indonesian Stock Exchange. Ucv, I (02), 390–392.
  • Tambunan, JTA and BP (2018). The influence of company size, leverage and capital structure on company financial performance (study of manufacturing companies in various industrial sectors in 2012-2016). Diponegoro Journal of Social and Politics, 7, 1–10. http://ejournal-s1.undip.ac.id/index.php/
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

FIRDIAN SARIFAH USMALIA, HALIAH, ANDI KUSUMAWATI, & ERIKA PUTRI CANDRA LESTARI. (2023). Effect of Company Size, Asset Growth, and Profitability Against the Capital Structure in Automotive Companies. International Journal of Multidisciplinary Research and Studies, 6(09), 01–14. https://doi.org/10.33826/ijmras/v06i09.2

Download Citation

Downloads

Download data is not yet available.

Most read articles by the same author(s)

Similar Articles

You may also start an advanced similarity search for this article.