Pengaruh Return on Assets, Earning Per Share, Pertumbuhan Penjualan, Kebijakan Dividen dan Likuiditas terhadap Struktur Modal (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2015)

The objective of this to obtain evidence about the effect of Return On Asset (ROA), Earning Per Share (EPS), sales growth, dividend policy and liquidity toward capital structure. In this study, dividend policy was measured by Dividend Payout Ratio (DPR) and liquidity was measured by Current Ratio (CR). Sample in this research was selected by using purposive sampling method and the secondary data used in this research was analyzed by using multiple regession method. The samples in this research were 29 firm that has been registered as a manufacturer sector industry in BEI for the years 2012-2015 consecutively. Result of this research was (1) Return On Asset (ROA) Have significant effect on capital strukture, (2) Earning Per Share (EPS) do not effect on capital structure, (3) sales growth do not effect to capital structure, (4) dividend policy do not effect on capital structure, (5) liquidity have significant effect on capital structure, and (6) Return On Asset (ROA), Earning Per Share (EPS), sales growth, dividend policy and liquidity simultaneously significantly effect on capital structure.