ANALISIS PENGARUH PROFITABILITAS, PERTUMBUHAN PERUSAHAAN, STRUKTUR ASET DAN LIKUIDITAS TERHADAP KEBIJAKAN LIABILITAS (Studi Empiris pada Perusahaan Sektor Pertambangan yang Terdaftar di BEI 2012-2015)

Abstract

Debt to Equity Ratio (DER) is one of the liability policy ratios used to measure the level of use of liabilities to total equity owned by the company. This study aims to analyze and re-examine the effect of profitability, corporate growth, asset structure and liquidity to Debt to Equity Ratio (DER). The objects in this study are mining companies listed on the Indonesia Stock Exchange during the period 2012-2015, consisting of 48 companies. The method of determining the sample used in this study is purposive sampling, while the data analysis method used is multiple linear regression analysis. The results showed that profitability (ROA) has a effect on liability policy (DER). Coorporate growth (Growth) has a effect on DER, while asset structure (SA) has a positive effect on liability and liquidity (CR) policy negatively affect DER.