Pengaruh Kinerja Keuangan dan Ukuran Perusahaan Terhadap Struktur Modal Pada PT Sekar Laut Tbk

Abstract

The existence of shareholders is very influential on the survival of the company. This study
aims to examine the effect of Financial Performance (ROA), Firm Size on Capital Structure
(DER) at PT Sekar Laut Tbk. This research uses quantitative research with linear regression
analysis technique used to analyze each variable. This data collection technique uses the
method of documentation, literature study, and interviews. The data from this study is in the
form of the financial statements of PT Sekar Laut Tbk for the 2019-2021 period which were
obtained from interviews. The results of this study Financial Performance Variables have a
significant negative effect on capital structure, which means an increase in financial
performance (ROA) will reduce the value of capital structure (DER). This is because the
greater the Return On Assets (ROA) obtained by the company, the company's capital derived
from debt will decrease. Variable Company Size has a significant positive effect on the capital
structure (DER) of the company PT Sekar Laut Tbk for the period 2019-2021, which means
that an increase in company size will increase the value of the capital structure (DER).
Financial Performance and Company Size affect the decision to make a company's capital.