Electronic Theses and Dissertation

Abstrak penelitian ini bertujuan mengetahui pengaruh asset tangibility, corporate tax, pertumbuhan penjualan, dan profitabilitas terhadap struktur modal pada perusahaan property dan real estate yang terdaftar di bursa efek indonesia. penelitian ini menggunakan data panel dengan 27 perusahaan property dan real estate yang terdaftar di bursa efek indonesia (bei) dari periode 2016-2019. metode analisis yang digunakan adalah analisis regresi data panel menggunakan eviews 10. secara parsial hasil penelitian menunjukkan bahwa asset tangibility, pertumbuhan penjualan, dan profitabilitas berpengaruh negatif dan signifikan terhadap struktur modal, corporate tax berpengaruh positif dan signifikan terhadap struktur modal pada perusahaan property dan real estate di indonesia. pada penelitian ini variabel asset tangibility, pertumbuhan penjualan, dan profitabilitas sejalan dengan teori pecking order. sementara variabel corporate tax sejalan dengan teori trade-off. kata kunci: asset tangibility, corporate tax, pertumbuhan penjualan, profitabilitas dan struktur modal abstract this study aims to determine the effect of asset tangibility, corporate tax, sales growth, and profitability on capital structure in property and real estate companies listed on the indonesia stock exchange (idx). this study uses panel data with 27 property and real estate companies listed on the indonesia stock exchange (idx) from the 2016-2019 period. the analytical method used is ipanel idata iregression ianalysis iusing ieviews i10. partially the results of the study show that asset tangibility, sales growth, and profitability have a negative and significant effect on capital structure, corporate tax has a positive and significant effect on capital structure on property companies and real estate in indonesia. in this study, the variable asset tangibility, sales growth, and profitability are in line with the pecking order theory. while the variable corporate tax is in line with the trade-off theory. keywords: asset tangibility, corporate tax, sales growth, profitability and capital structure.