PENGARUH RETURN ON ASSET, CURRENT RATIO, TOTAL ASET TURNOVER DAN STUKTUR AKTIVA TERHADAP STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR SUB SEKTOR KIMIA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2012-2016

Abstract

This research is meant to test the influence of Return On Assets, Current Ratio, Total Asset Turnover and Assets Structure on Capital Structure in the Chemical Sub-Sector Manufacturing company for the period 2012-2016. In this study using secondary data, in the form of financial statements of chemical sub-sector manufacturing companies in the period 2012-2016. The sampling technique uses Purposive Sampling, and based on predetermined criteria obtained a sample of 9 chemical sub-sector manufacturing companies from a total population of 11 companies. The method used is hypothesis testing. The analytical tool used in this study is the classical assumption test and multiple linear regression assisted by SPSS version 20.0 with Backward and Microsoft Excel 2010. The results of this study indicate that the variable Return On Assets does not affect the Capital Structure, while Current Ratio, Total Asset Turnover and Asset Structure have a significant negative effect on Capital Structure