PENGARUH KEPEMILIKAN INSTITUSIONAL, UKURAN PERUSAHAAN, ARUS KAS DARI AKTIVITAS INVESTASI, DAN INVESTMENT OPPORTUNITY SET (IOS) TERHADAP STRUKTUR MODAL (Studi pada Perusahaan Manufaktur yang Terdafar di BEI pada Tahun 2015-2019)

The main purpose of this study to empirically analyze the influence of institutional ownership, firm size, cash flow from investment, and investment opportunity set (IOS) to capital structure. The sample of study consisted of manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2015 to 2019 which are selected using the purposive sampling method and obtained a sample of 278 samples. The data used in this research is secondary data with the documentation method. Technical data analysis used in this study is multiple linear regression analysis through Eviews 10. The results of this study indicate that institutional ownership has a negative effect on capital structure. Firm size and cash flow from investment do not have a positive effect on capital structure. Meanwhile, the investment opportunity set has a positive effect on the capital structure.