PROFITABILITAS, LIKUIDITAS, RASIO PAJAK DAN STRUKTUR MODAL: STUDI HUBUNGAN KAUSALITAS PADA PERUSAHAAN-PERUSAHAAN SEB SEKTOR PERDAGANGAN BESAR BARANG PRODUKSI YANG LISTING DI BURSA EFEK INDONESIA PERIODE 2010-2014

Akhmadi Akhmadi, Abdul Rosyid, Fitri Handayani

Abstract


The purpose of this study is to analyze and interpret the influence of profitability, liquidity and tax ratios on capital structure in the large trade sector that produces goods listed on the Indonesia Stock Exchange in 2010-2014. This type of research is an associative (causal) study. The population and sample used in this study were the Wholesale Goods Production Companies listed on the Stock Exchange for the 2010-2014 period as many as seven companies using purposive sampling. The data used is secondary data. Data analysis using multiple linear regression analysis. This study has empirical evidence that profitability in the capital structure has no significant positive influence. Liquidity in the capital structure has significant negative effect on the capital structure, whereas, tax ratio has a significant positive effect. Positive effect on the capital structure while, the tax ratio are significant positive effect.

 


Keywords


Profitability; Liquidity; Tax; Capital Structure Ratios.

Full Text:

PDF

References


Bram, Hadianto dan Christian Tayana. 2010. Pengaruh Risiko Sistematik, Struktur Aktiva, Profitabilitas, dan Jenis Perusahaan Terhadap Struktur Modal Emiten Sektor Pertambangan: Pengujian Hipotesis Static-Trade Off. Jurnal Akuntansi. Vol. 2 No. 1: 15-39.

Fahmi, Irham. 2014. PENGANTAR MANAJEMEN KEUANGAN Teori dan Soal Tanya Jawab. Bandung : Alfabeta.

Ferdiansya, Muhammad Syahril dan Isnurhadi. 2013. Faktor-Faktor yang Mempengaruhi Struktur Modal Pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia. Jurnal Manajemen & Bisnis Sriwijaya Vol.11, No.2 ; ISSN 1412-4521.

Fraser, Lyen M. Dan Ailen Ormiston. 2004. Memahami Laporan Keuangan, Edisi Keenam, Alih Bahasa Drs. Sam Setyautama, Ak., Jakarta: PT Indeks.

Harmono. 2009. Manajemen Keuangan Berbasis Balanced Scorecard Pendekatan Teori, Kasus, dan Riset Bisnis. Jakarta: Bumi Aksara

Hery. 2015. Analisis Laporan Keuangan Pendekatan Rasio Keuangan. Yogyakarta: CAPS.

Mikrawardhana, Maisal Riga dkk. Pengaruh Profitabilitas Dan LikuiditasTerhadap Struktur Modal Perusahaan Multinasional (Studi Pada Perusahaan Multinasional Yang Terdaftar di Bursa Efek Indonesia Tahun 2010-2013). Jurnal Administrasi Bisnis. Vol. 28 No. 2.

Ridloah, Siti. 2010. Faktor Penentu Struktur Modal: Studi Empirik Pada Perusahaan Multifinansial. Jurnal Dinamika Manajemen. Vol. 1, No. 2, pp; 144-153. ISSN 2086-0668 (cetak). 2337-5434 (online).

Santhi, I Gusti Ayu Padma dan Luh Komang. 2013. Pengaruh Corporate Governance, Rasio Pajak, Profitabilitas, Dan Ukuran Perusahaan Terhadap Struktur Modal. Jurnal Bisnis Dan Ekonomi. Vol. 11, No. 3, Agustus 2013 ; 678-690.

Santika, Rista Bagus dan Bambang Sudiyatno. 2011. Menentukan StrukturModal Perusahaan Manufaktur Di Bursa Efek Indonesia Determinant of Capital Structure on The Manufacturing Company Capital In Indonesia Stock Exchange. Jurnal Dinamika Keuangan dan Perbankan ; 172 – 182. Vol. 3, No. 2. ISSN :1979-4878

Sayeed, Mohammad Abu. 2011. The Determinants of Capital Structure for Selected Bangladeshi Listed Companies. International Review of Business Research Papers. Vol. 7. No. 2. Pp; 21 -36

Tamara, Yeremia. 2014. Faktor-Faktor Yang Mempengaruhi Struktur Modal Perusahaan Food And Beverages. Jurnal Ilmu & Riset Akuntansi. Vol. 3 No. 8.

Wild, Subramanyam dan Hasley. 2005. FINANCIAL STATEMENT ANALYSIS Analisis Laporan Keuangan. Jakarta: Salemba Empat.




DOI: http://dx.doi.org/10.35448/jrat.v11i2.4253

Refbacks

  • There are currently no refbacks.


pISSN 1979-682X    eISSN 2528-7443

Creative Commons License

Jurnal Riset Akuntasi Terpadu (JRAT) is licensed under a Creative Commons Attribution 4.0 International License