PENGARUH STRUKTUR ASSET DAN OPERATING LEVERAGE TERHADAP STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PADA PERIODE 2012-2013

Abstract

SITI MAYSAROH. The Influence of Assets Structure and Operating Leverage to Capital Structure on Listed Companies in Indonesian Stock Exchange in 20122013. Skripsi. Jakarta: Concentration in Accounting Education, Departement of Economics and Administration, Faculty of Economics, State University of Jakarta, 2015. The purpose of this research was to study the significant effect of Assets Structure and Operating Leverage to Capital Sructure on Listed Companies in Indonesia Stock Exchange in 2012-2013. The method used is quantitative descriptive survey method with a descriptive and statistical analysis and regression approach. This research using the secondary data obtained from the reference center Indonesia Stock Exchange in 2011-2013. Variable X as the independent variabel is Assets Structure in measured by Fixed Assets to Total Assets and Operating Leverage in measured by Degree of Operating Leverage. Meanwhile variable Y is proxied by Longterm Debt to Equity Ratio. The sampling technique was conducted by random sampling. The attainable population in this research were all manufacture companies listed on the Indonesia Stock Exchange totaling 70 companies and the sample used by the table Isaac and Michael is 58 companies. The simple linier regression and resulted Ŷ = 0,065 + 0,423X 1 + (-0,267)X The result of this research concluded that Assets Structure has positive significant effect on firm value with Capital Structure where T of Assets Structure is 3,227 greater than T tabel hitung amounted to 2,00404 and Operating Leverage has negatif significant effect on firm value with Capital Structure where T of Operating Leverage is -2,783 and T tabel hitung amounted to 2,00404. In Simultan, The Influence Between Assets Structure and Operating Leverage with Capital Structure is significantly related. The ability of Assets Structure and Operating Leverage explain capital structure is 27,4%