Title of article :
DETERMINANTS OF CAPITAL STRUCTURE IN COMPANIES LISTED IN THE JAKARTA ISLAMIC INDEX
Author/Authors :
husaeni, uus ahmad suryakancana university - faculty of islamic economics and business, Indonesia , husaeni, uus ahmad state islamic university of sharif hidayatullah jakarta - graduate school, indonesia
Abstract :
Capital structure is permanent financing consisting of long-term debt, preferred stock, and shareholder capital. Therefore, it is necessary to examine whether internal factors including company size, liquidity, ROA (Return on Assets) and sales growth affect the capital structure of companies listed in the Jakarta Islamic Index. This study aims at examining the effect of company size, liquidity, ROA and sales growth on the capital structure. The analysis used in this study was a multiple linear regression analysis. The results showed that company size, liquidity, ROA and sales growth have a significant influence on the capital structure of companies listed in the Jakarta Islamic Index, while the rest was explained by other factors not included in this study.
Keywords :
Capital structure , Internal factors , Multiple regression , Sharia issuer , Jakarta Islamic Index
Journal title :
International Journal of Economics,Management and Accounting
Journal title :
International Journal of Economics,Management and Accounting