Assets Structure, Capital Structure, and Ownership Structure on Company Profitability

Authors

  • Eristy Minda Utami, Tessya Tri Vananda, Ajeng Tanjiah, Andini Martha Goretthi, Jovan Septa Setiady

Abstract

This research aims to determine the effect of asset structure, capital structure and ownership structure on company profitability. Asset structure is measured by tangibility asset, Capital structure is measured by debt to equity ratio, ownership structure is measured by institutional ownership, managerial ownership, and public ownership, and company profitability is measured by Return on Asset. The population of this research is companies registered in the mining industry listed on the Indonesia Stock Exchange for the period 2015-2019. The selection of samples used is purposive sampling method, with the number of sample companies, namely as many as 12 companies. The data analysis used is panel data regression analysis with multiple linear regression methods. The results showed that the asset structure has a positive effect on company profitability, capital structure has a positive effect on company profitability, while the institutional ownership, managerial ownership, and public ownership have no effect on company profitability.

Published

2020-12-01

Issue

Section

Articles