ANALISIS PENGARUH KEPEMILIKAN MANAJERIAL, KEBIJAKAN DIVIDEN, STRUKTUR AKTIVA, PERTUMBUHAN PENJUALAN, UKURAN PERUSAHAAN DAN PROFITABILITAS TERHADAP STRUTUR MODAL.

This research aims to examine the effect of managerial ownership, dividend policy, asset structure, sales growth, company size, and profitability to the capital structure. Data collection uses purposive sampling to the manufacturing companies listed in Indonesia Stock Exchange in 2009-2012. A total of 50 companies are used as samples. Hypothesis testing is done using multiple linear regression analysis with the help of Software Statistical Package for Social Sciences (SPSS) version 16. The result shows that, partially, the variables of managerial ownership, dividend policy, and profitability have negative affect to the capital structure. Variable of company size has positive effect to the capital structure. While variables of asset structure and sales growth do not affect significantly to the capital structure. Simultaneously, variables of managerial ownership, dividend policy, asset structure, sales growth, company size, and profitability affect the capital structure in manufacturing companies.