The Influence of Asset Structure, Liquidity and Company Size on the Capital Structure of Companies in the Restaurant, Hotel and Tourism Subsectors Listed on the IDX for the 2017-2022 Period

Abstract

The purpose of carrying out this research is to see whether there is influence or how much influence it has on capital structure, liquidity, and company size on capital structure in the restaurant, hotel and tourism sub-sector which are listed on the Indonesian Stock Exchange for the 2017-2022 period. Methods of data collection with documentation and literature study as well as data sourced from secondary data obtained from the company's financial reports. Using the non-probability sampling method, this type of purposive sampling was obtained. The method for analyzing the data used multiple linear regression analysis and was processed using the Eviews 10 statistical program. From this study the results obtained were that partially the asset structure had a negative and significant effect on capital structure. Liquidity has a negative and significant effect on the capital structure. Firm size has no effect and is not significant on capital structure. And simultaneously the structure of assets, liquidity and firm size have a significant effect on capital structure.