PENGARUH AKTIVITAS, PROFITABILITAS, STRUKTUR AKTIVA, DAN UKURAN PERUSAHAAN TERHADAP STRUKTUR MODAL PADA PERUSAHAAN SUB SEKTOR KONSTRUKSI BANGUNAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2012-2016

Abstract

Building construction sector is one indicator of the rise of a country's macroeconomic conditions. Rapid infrastructure development indicates a significant economic recovery towards a better future. The competitiveness of building construction companies must be supported by appropriate funding decisions through the design of the appropriate capital structure. The decision of the sources of funds used to strengthen the capital structure of a company can’t be seen as a simple decision, but it has strong implications for the future. This research is to know the effect of total asset turnover, return on equity, asset structure, and firm size on capital structure at construction companies that listed in Indonesia Stock Exchange period 2012-2016. Sampling technique using purposive sampling technique, and the number of samples used as many as 9 companies from the population of 16 companies. The method used is multiple linear regression analysis. The results showed that the return on equity and the firm size affect the capital structure, while the total asset turnover and asset structure does not affect the capital structure at construction companies that listed in Indonesia Stock Exchange period 2012-2016.