Pengaruh Struktur Modal Terhadap Profitabilitas
This study aims to analyze the effect of capital structure on profitability, focusing on the debt-to-equity ratio and debt-to-asset ratio as the main indicators of capital structure. Data were collected from state-owned banks listed on the Indonesia Stock Exchange during the period 2020-2023. The an...
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| Format: | Article |
| Language: | English |
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Program Studi Magister Manajemen Institut Koperasi Indonesia
2024-11-01
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| Series: | Coopetition |
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| Online Access: | https://journal.ikopin.ac.id/index.php/coopetition/article/view/4846 |
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| author | Jaja Jaja Dewi Andita Permatasari Radia |
| author_facet | Jaja Jaja Dewi Andita Permatasari Radia |
| author_sort | Jaja Jaja |
| collection | DOAJ |
| description | This study aims to analyze the effect of capital structure on profitability, focusing on the debt-to-equity ratio and debt-to-asset ratio as the main indicators of capital structure. Data were collected from state-owned banks listed on the Indonesia Stock Exchange during the period 2020-2023. The analysis method used is multiple linear regression, which allows measuring the relationship between the independent variable (capital structure) and the dependent variable (profitability) as measured by return on assets and return on equity. The results of the study indicate that there is a significant effect between capital structure and profitability. Optimal use of debt contributes to increased profitability, especially in the utilization of taxes from debt interest. However, increasing leverage beyond a certain limit can have a negative impact on profitability due to the risk of bankruptcy and increased interest expenses. In addition, the effect of capital structure on profitability varies depending on the industrial sector and company size. Effective management of capital structure is key to improving the Bank's financial performance. |
| format | Article |
| id | doaj-art-e0671bec4ccb48b381de331ff6a9429f |
| institution | OA Journals |
| issn | 2086-4620 2615-4978 |
| language | English |
| publishDate | 2024-11-01 |
| publisher | Program Studi Magister Manajemen Institut Koperasi Indonesia |
| record_format | Article |
| series | Coopetition |
| spelling | doaj-art-e0671bec4ccb48b381de331ff6a9429f2025-08-20T02:24:33ZengProgram Studi Magister Manajemen Institut Koperasi IndonesiaCoopetition2086-46202615-49782024-11-0115368569210.32670/coopetition.v15i3.48465191Pengaruh Struktur Modal Terhadap ProfitabilitasJaja Jaja0Dewi Andita Permatasari Radia1Universitas Sebelas April Universitas Sebelas April This study aims to analyze the effect of capital structure on profitability, focusing on the debt-to-equity ratio and debt-to-asset ratio as the main indicators of capital structure. Data were collected from state-owned banks listed on the Indonesia Stock Exchange during the period 2020-2023. The analysis method used is multiple linear regression, which allows measuring the relationship between the independent variable (capital structure) and the dependent variable (profitability) as measured by return on assets and return on equity. The results of the study indicate that there is a significant effect between capital structure and profitability. Optimal use of debt contributes to increased profitability, especially in the utilization of taxes from debt interest. However, increasing leverage beyond a certain limit can have a negative impact on profitability due to the risk of bankruptcy and increased interest expenses. In addition, the effect of capital structure on profitability varies depending on the industrial sector and company size. Effective management of capital structure is key to improving the Bank's financial performance.https://journal.ikopin.ac.id/index.php/coopetition/article/view/4846capital structure, profitability, bumn bank, indonesian stock exchange |
| spellingShingle | Jaja Jaja Dewi Andita Permatasari Radia Pengaruh Struktur Modal Terhadap Profitabilitas Coopetition capital structure, profitability, bumn bank, indonesian stock exchange |
| title | Pengaruh Struktur Modal Terhadap Profitabilitas |
| title_full | Pengaruh Struktur Modal Terhadap Profitabilitas |
| title_fullStr | Pengaruh Struktur Modal Terhadap Profitabilitas |
| title_full_unstemmed | Pengaruh Struktur Modal Terhadap Profitabilitas |
| title_short | Pengaruh Struktur Modal Terhadap Profitabilitas |
| title_sort | pengaruh struktur modal terhadap profitabilitas |
| topic | capital structure, profitability, bumn bank, indonesian stock exchange |
| url | https://journal.ikopin.ac.id/index.php/coopetition/article/view/4846 |
| work_keys_str_mv | AT jajajaja pengaruhstrukturmodalterhadapprofitabilitas AT dewianditapermatasariradia pengaruhstrukturmodalterhadapprofitabilitas |