PENGARUH KARAKTERISTIK PERUSAHAAN TERHADAP STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)

The objective of this research is to find out and to examine the affect of
likuiditas, asset sturcture, growth, size, tax, and Price Earning Ratio (PER) on the
capital structure (DER).
The samples were 150 manufacturing companies listed on indonesian
stock exchange (BEI) from 2007 to 2010. The sampling method utilized in this
research was purposive sampling. The number of samples that fitted the creteria
set was 51 of manufacturing companies listed on indonesian stock exchange (BEI)
. The data were analyzed by using multiple regression test through SPSS program
and preceded by classic assumption test consisted of normality test,
multicollinearity test, autocorrelation test, and heteroscedasticity test. The
hypotesis was tasted by using F test and t-test
The finding indicated asset sturucture variables negatively affect on the
capital stucture (DER), growth variables are proxied by Previous Net Earning
Growth (PNEG) and Net Earning Growth (NEG) positif affect on the capital
structure (DER) and Price Earning Ratio (PER) variables positif affect on the
capital structure (DER), while the variables likuiditas are proxied by Curent Ratio
(CR), Quick Ratio (QR), Cash Ratio (CsR), growth, size, and tax, do not affect
capital structure (DER).