ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PERUSAHAAN SEKTOR PERTANIAN

Abstract

The purpose of this research is to analyze factors that affect capital structure of  agricultural sector companies in Indonesia. Capital structure is a decision that related to how company can manage the composition of financing. This research used panel model regression as method of analysis. The research  revealed that tax, tangibility of assets, size, profitability, growth, percentage of credit and crisis are affect to companies capital structure. While Tax, Profitability, Percentage of credit and crisis has negative significance related with capital structure, and Tangibility of Assets has positive significance related with capital structure. There are 7 agriculture companies were selected purposively as the sample of this research, using panel data of financial report from 2011-2015. The analysis using the formula in attaining the capital structure. It is found that  the revealed  tax, tangibility of assets, size, profitability, growth, percentage of credit and crisis have affected  companies capital structure. While Tax, Profitability, Percentage of credit and crisis have negative significance related with capital structure. The Tangibility of Assets has positive significance related with capital structure.