ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR YANG GO PUBLIC DI BURSA EFEK INDONESIA
ISSN : 1979-6889
!
" #$
%&&'(%&&)
* %
+
!
" #$
%&&'(%&&), .
/
/%
"
2
!
/0
3
/1 , 2
4 5!/ !
" 4
6
%&&' ( %&&)
-
" #$
7# , 4
!
,
-%
, 2
%,8&8
(%,89%
(%,1'
%,& 8
:
&,&8, +
(&,89%
%,& 8
;
&,&8
1,%'<
%,8
?
!
@
A
,
-
"
"
!
#
"
"
3
"
!
!
!
"
"
"
?
"
7
* %
"
?
# "
( "
%&&'(%&&)
"
"
7
3
"
?
A
E
E
,
/1 , 4
4 5!/ !
"
4
"
,?
"
7#
7# ,
?
3
"
7
!
-%
4
-
"
%&&'(%&&), B
.
"
/%
"
"
# "
! "
/
3
3 "
%&&' C %&&)
"
3
D3
"
"
3
"
"
3
3
(% 89%
"
& &8, !
"
"
"
"
"
%& 8
"
"
!
"
3
"
1 %'< :
% 8F !
9
+ E % ,
?-=3 *B +
E % ,
-=3 9
'
+
C ..D
F !
C ..D
'
%
*B7+(
! " *@+/
A
&
& "
&
$
7+
3
3
*B +
3
3
E
9
C ..D
3
8+ @
A
A
$
&
*B7+
%
&
" &&
%
"
,1$ "
"
4
%
&
@ @
A
*4@A+
/
F
,1$? ,1$
0=E 9
C ..D
F
?
,1$ > ,1$
'
,1$
0=E 9
C ..D
F !
>F !
'
F !
*.$ !( +
0
%.
&
& &
& %
&
"
7
" , 1
"
&
&
"
75 &
%
(
"
'
%
(
"
(
(
& %
&
..4
(
"
& "
"& "
&
( !
..5
, 1 )01
& % "
%
&
& "
"
& "
%
"
" , 1"
..5(
" , 1
" &
"
(
"
%
"
% &
&(
5
&&
$%.$
&
"& %
!
"
%
""
%
& "
"
"
&
&
1 "
"
4
*1:!0+ 5!/
(
&2
(!(!
0
&
&
"
%
&2
"
&
"
& /
(!(!
@9 H
"
6
B H
B H
%
"
B H
7B7 H
7
"
*0
#
55G/ G 4 587
2
D
2
G
< D
'
'
75
..D
I 4 587
%
#::8
/0
"
#::9
D
2
<
D 8
75
2
. D
.D
..D
D
<
7 .GD
..D 75
5D
.D
75
..D
"
6=27
2
/ 22
A
@
*B7+
$
1
*
!
#::8
#::5
K
D
2
75
..D
75
..D 7G
'
'
'
'
'
'
'
'
75
..D
75
..D 75
I < 4.
%
3
#::9
2
> 7 7<
"
..4' ..5
"$
1
2
D
/0
D
2
D
2
D
54 5D
7G <
55 D
.7D
.
.
%
H
%
&
% #
I
&
*
% %
' (
"
&
+( 3
"
" &
!(
%
0 -
&
%
&
&
" &
"
2 & %. (
" &
% #
"(.* !(! 2
0=E
&
. . 4(
0 -(
% &
&
"" &
' 74 "
% 0=E "
, "
"
%
"
%
&
%
&
"
%
"
"
(
"
%
' "
"
"
"
&
&
" %
(
8
"
%
%
"
%
"%
"
%
(
" &
&
&
"&
%
74 "
"
%
%
"
""
&
%
%
%
"
%
%
%
&
%
%
55G L!
" #
M
3
..7 L!
" #
M "
..
@
"
2
#
%$
%
&
%
%
8G7
%
"
&
%
&
%
%
" &
"
#
&
"
% ,
&
"
'. .7
,
@
@
(
(
M "
&
%
&
,
(
,
0
L$
/&
"
"
%
3
-
. .8
7 4G I
%
. .G "
8 8D(
%
% &
"
&
&
%
,
"
" &
&
%
%
"
%
"
%
'. < .
. 8
. .8(
.8 <
"
%
% &
" % #
8( ( ( 0
%
'
'. 8<
" & "
& "
"
"% "
%
%
%
"
8.8
&
"
&
& "
%
. 8 "
"
%
""
&
"
. .8(
%
%
&
&
"
%
&
&
I"
" &
&
%
%
" % #
K"
&
' 8<
%
&
"
%
%
%
%
%
&
'
"
8( ( ( 3" &
"
"
557 L
2
(
..
!
"
" #
(
M "
7,
@
(
"
&
"(2
;$
$
(: &
2
# #
"
"
"
1
"
N
!
#
%
"
" #
1
..8 '
, "
%
'
3
&
..7? ..8 ,
0&
>?
N
"
M
" #
:&
@
(
#
"
@
(
(
% E%
"
@
&
(
%
55G
-
%
!
M
.. M!
&
(
55< M'
"
"
(
M
..7 !
O
2 "1 "
" #
558 M!
@
!!
554 !
,
P "
$
2
(
"
4
?
>)
4
!
" #$
%&&'(%&&)
* %
+
!
" #$
%&&'(%&&), .
/
/%
"
2
!
/0
3
/1 , 2
4 5!/ !
" 4
6
%&&' ( %&&)
-
" #$
7# , 4
!
,
-%
, 2
%,8&8
(%,89%
(%,1'
%,& 8
:
&,&8, +
(&,89%
%,& 8
;
&,&8
1,%'<
%,8
?
!
@
A
,
-
"
"
!
#
"
"
3
"
!
!
!
"
"
"
?
"
7
* %
"
?
# "
( "
%&&'(%&&)
"
"
7
3
"
?
A
E
E
,
/1 , 4
4 5!/ !
"
4
"
,?
"
7#
7# ,
?
3
"
7
!
-%
4
-
"
%&&'(%&&), B
.
"
/%
"
"
# "
! "
/
3
3 "
%&&' C %&&)
"
3
D3
"
"
3
"
"
3
3
(% 89%
"
& &8, !
"
"
"
"
"
%& 8
"
"
!
"
3
"
1 %'< :
% 8F !
9
+ E % ,
?-=3 *B +
E % ,
-=3 9
'
+
C ..D
F !
C ..D
'
%
*B7+(
! " *@+/
A
&
& "
&
$
7+
3
3
*B +
3
3
E
9
C ..D
3
8+ @
A
A
$
&
*B7+
%
&
" &&
%
"
,1$ "
"
4
%
&
@ @
A
*4@A+
/
F
,1$? ,1$
0=E 9
C ..D
F
?
,1$ > ,1$
'
,1$
0=E 9
C ..D
F !
>F !
'
F !
*.$ !( +
0
%.
&
& &
& %
&
"
7
" , 1
"
&
&
"
75 &
%
(
"
'
%
(
"
(
(
& %
&
..4
(
"
& "
"& "
&
( !
..5
, 1 )01
& % "
%
&
& "
"
& "
%
"
" , 1"
..5(
" , 1
" &
"
(
"
%
"
% &
&(
5
&&
$%.$
&
"& %
!
"
%
""
%
& "
"
"
&
&
1 "
"
4
*1:!0+ 5!/
(
&2
(!(!
0
&
&
"
%
&2
"
&
"
& /
(!(!
@9 H
"
6
B H
B H
%
"
B H
7B7 H
7
"
*0
#
55G/ G 4 587
2
D
2
G
< D
'
'
75
..D
I 4 587
%
#::8
/0
"
#::9
D
2
<
D 8
75
2
. D
.D
..D
D
<
7 .GD
..D 75
5D
.D
75
..D
"
6=27
2
/ 22
A
@
*B7+
$
1
*
!
#::8
#::5
K
D
2
75
..D
75
..D 7G
'
'
'
'
'
'
'
'
75
..D
75
..D 75
I < 4.
%
3
#::9
2
> 7 7<
"
..4' ..5
"$
1
2
D
/0
D
2
D
2
D
54 5D
7G <
55 D
.7D
.
.
%
H
%
&
% #
I
&
*
% %
' (
"
&
+( 3
"
" &
!(
%
0 -
&
%
&
&
" &
"
2 & %. (
" &
% #
"(.* !(! 2
0=E
&
. . 4(
0 -(
% &
&
"" &
' 74 "
% 0=E "
, "
"
%
"
%
&
%
&
"
%
"
"
(
"
%
' "
"
"
"
&
&
" %
(
8
"
%
%
"
%
"%
"
%
(
" &
&
&
"&
%
74 "
"
%
%
"
""
&
%
%
%
"
%
%
%
&
%
%
55G L!
" #
M
3
..7 L!
" #
M "
..
@
"
2
#
%$
%
&
%
%
8G7
%
"
&
%
&
%
%
" &
"
#
&
"
% ,
&
"
'. .7
,
@
@
(
(
M "
&
%
&
,
(
,
0
L$
/&
"
"
%
3
-
. .8
7 4G I
%
. .G "
8 8D(
%
% &
"
&
&
%
,
"
" &
&
%
%
"
%
"
%
'. < .
. 8
. .8(
.8 <
"
%
% &
" % #
8( ( ( 0
%
'
'. 8<
" & "
& "
"
"% "
%
%
%
"
8.8
&
"
&
& "
%
. 8 "
"
%
""
&
"
. .8(
%
%
&
&
"
%
&
&
I"
" &
&
%
%
" % #
K"
&
' 8<
%
&
"
%
%
%
%
%
&
'
"
8( ( ( 3" &
"
"
557 L
2
(
..
!
"
" #
(
M "
7,
@
(
"
&
"(2
;$
$
(: &
2
# #
"
"
"
1
"
N
!
#
%
"
" #
1
..8 '
, "
%
'
3
&
..7? ..8 ,
0&
>?
N
"
M
" #
:&
@
(
#
"
@
(
(
% E%
"
@
&
(
%
55G
-
%
!
M
.. M!
&
(
55< M'
"
"
(
M
..7 !
O
2 "1 "
" #
558 M!
@
!!
554 !
,
P "
$
2
(
"
4
?
>)
4