PENGUJIAN FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL: STUDI EMPIRIK TERHADAP BADAN USAHA SEKTOR MINING BEI

Abstract

This research aims to analyze the determinants of mining sectors’ capital structure in BEI year 2006-2011. This research uses profitability, growth, nondebt tax shield, tangibility, and size as variables. Using quantitative approach, this research’s model runs in linear regression. Moreover, this research data samples use financial ratio of mining companies that issue financial statements from year 2006 to 2011 which are listed in Indonesian Capital Market and not under delisting process. Final samples which are utilized in this research are equal to 102 observations. The findings of this research indicate that growth, non-debt tax shield, and size variables do not affect significantly to capital structure (leverage). Profitability and tangibility affect leverage significantly.